Hemanth Mandapati, the head of German startup Novo AI, recently adopted DeepSeek chatbots. He made the switch from OpenAI’s ChatGPT just two weeks ago. “If you…
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Chinese startup DeepSeek has launched its latest AI models, claiming they match or exceed the capabilities of leading U.S. models at a significantly lower cost. This…
AMD announced plans to acquire ZT Systems for $4.9 billion to expand its AI chips portfolio and compete with Nvidia.AMD plans to fund 75% of the…
Texas Instruments announced Friday it will receive up to $1.6 billion from the U.S. Commerce Department for new chip facilities.The U.S. CHIPS and Science Act funding…
Intel announced a 15% workforce reduction, around 17,500 jobs, and will suspend dividends starting Q4 to focus on manufacturing.It also projects Q3 revenue below estimates due…
European shares fell Tuesday as Airbus dropped on profit warning, pulling down aerospace stocks, while tech slid following Wall Street.STOXX 600 for the entire continent decreased…
China has established its third planned state-backed investment fund to support its semiconductor industry, with a registered capital of 344 billion yuan ($47.5 billion). This move was disclosed in a…
On Thursday, the president’s office of South Korea announced that the nation unveiled a 26 trillion won ($19 billion) support package for its crucial semiconductor industry. President…
Intel suffered a setback when it revealed growing operating losses for its foundry division on Tuesday. Taiwan Semiconductor Manufacturing has been gaining ground on Intel in…
According to sources familiar with the subject, Intel Corp (INTC.O) will abandon its $5.4 billion agreement to purchase Israeli contract chipmaker Tower Semiconductor Ltd (TSEM.TA) when…