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Micron rejigs business units to highlight AI data center demand
18 Apr 2025

Micron rejigs business units to highlight AI data center demand

Micron Technology said on Thursday it is reshuffling its business segments to focus on the artificial intelligence-linked demand for its memory chips from large-scale cloud providers.
ABB to spin off world's second biggest robotics business

ABB to spin off world's second biggest robotics business

17 Apr 2025
Swiss industrial group ABB on Thursday announced plans to spin off its robotics division in the biggest shake up at the company since it sold its power grids business to Japan’s Hitachi in 2018. 
Fast-charging battery firm Nyobolt raises $30 million for expansion

Fast-charging battery firm Nyobolt raises $30 million for expansion

16 Apr 2025
UK fast-charging battery technology company Nyobolt has raised $30 million to expand its business in autonomous warehouse robots and heavy duty vehicles and move into new markets including mainstream electric vehicles, it said on Wednesday.
Navigation specialist TomTom beats quarterly revenue forecast on auto tech sales

Navigation specialist TomTom beats quarterly revenue forecast on auto tech sales

15 Apr 2025
Dutch digital mapping specialist TomTom reported on Tuesday a marginal rise in its first-quarter revenue, beating expectations, supported by a stronger-than-anticipated performance in its automotive location technology business.
Foxconn wants to work with Nissan on EVs, strategy chief tells Nikkei

Foxconn wants to work with Nissan on EVs, strategy chief tells Nikkei

09 Apr 2025
Foxconn wants to cooperate with Nissan but is currently not engaging with the Japanese automaker, an executive in charge of the Taiwan company’s electric vehicle business told the Nikkei newspaper in an interview published on Wednesday.
Exxon investing $100 million in facility to produce cleaning alcohol for chip industry
27 Mar 2025

Exxon investing $100 million in facility to produce cleaning alcohol for chip industry

Exxon Mobil said on Wednesday it will spend $100 million to upgrade its Baton Rouge, Louisiana, chemical plant to produce a highly pure form of isopropyl alcohol that is used in the tech industry to clean and process microchips. 
South Korea's SK On wins EV battery deal with Nissan

South Korea's SK On wins EV battery deal with Nissan

19 Mar 2025
South Korean battery maker SK On said on Wednesday that it had won a deal to supply batteries for electric vehicles for Nissan Motor in the United States.  
Thailand approves $2.7 billion of investments in data centres and cloud services

Thailand approves $2.7 billion of investments in data centres and cloud services

17 Mar 2025
Thailand has approved 90.9 billion baht ($2.7 billion) worth of investments in data centres and cloud services, its investment board said on Monday, the latest additions to the country’s expanding tech sector. 
Amazon's cloud business to invest $8.2 billion in Indian state in coming years

Amazon's cloud business to invest $8.2 billion in Indian state in coming years

04 Mar 2025
Amazon’s cloud services provider, Amazon Web Services, will invest about $8.2 billion in India’s western state of Maharashtra over the next few years, the information technology ministry said on Monday.
Meta in talks to raise $35 billion for data center financing led by Apollo, Bloomberg News reports

Meta in talks to raise $35 billion for data center financing led by Apollo, Bloomberg News reports

27 Feb 2025
Apollo Global Management is in talks to lead a roughly $35 billion financing package for Meta Platforms to help develop data centers in the U.S., Bloomberg News reported on Thursday citing people with knowledge of the matter.
EU approves 920 million euro German aid for Infineon chips plant
20 Feb 2025

EU approves 920 million euro German aid for Infineon chips plant

The European Commission said on Thursday it had approved a 920 million euro German state aid to Infineon for the construction of a new semiconductor manufacturing plant in Dresden.
Stellantis launches first in-house automated driving technology

Stellantis launches first in-house automated driving technology

20 Feb 2025
Stellantis announced on Thursday the launch of its first in-house-developed automated driving system, STLA AutoDrive, designed to allow urban commuters to momentarily engage in non-driving tasks. 
Ant Group enters China's growing humanoid robot industry amid rising tech interest

Ant Group enters China's growing humanoid robot industry amid rising tech interest

19 Feb 2025
Ant Group, the Alibaba-linked fintech giant, is venturing into the humanoid robot industry, joining a growing list of major Chinese tech companies exploring this emerging field.
Energy Transfer signs natural gas supply agreement with CloudBurst

Energy Transfer signs natural gas supply agreement with CloudBurst

11 Feb 2025
U.S. pipeline operator Energy Transfer on Monday entered into a long-term natural gas supply agreement with private, Denver-based company CloudBurst Data Centers for its development in Central Texas.
T-Mobile, Starlink start wide-scale testing of satellite-based connectivity

T-Mobile, Starlink start wide-scale testing of satellite-based connectivity

10 Feb 2025
T-Mobile said on Sunday it has started wide-scale testing of its satellite-to-cell service, powered by SpaceX’s Starlink, as the U.S. wireless carrier aims to eliminate mobile dead zones and extend connectivity to remote areas.

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