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5G RedCap IoT modules to ship 80 million units

5G RedCap IoT modules to ship 80 million units

ABI Research has projected a significant shift in the cellular IoT landscape, with shipments of 5G Reduced Capability (RedCap) modules expected to reach 80 million units between 2024 and 2029. Of this total, enhanced RedCap (eRedCap) modules are anticipated to make up...

Published on: October 10, 2025

Foundry Market Growth Fueled by AI and Advanced Packaging

Foundry Market Growth Fueled by AI and Advanced Packaging

The global foundry industry is experiencing steady growth, with projections indicating an expansion from $125.56 billion in 2023 to $171.70 billion by 2032, as reported by Credence Research. This growth is driven by a 3.99% compound annual growth rate (CAGR), reflecting the...

Published on: October 10, 2025

Amkor launches $7B semiconductor campus in Arizona

Amkor launches $7B semiconductor campus in Arizona

Amkor Technology has commenced construction on a massive new $7 billion semiconductor packaging and test campus in Arizona, expanding the company’s total planned investment and reinforcing its dedication to enhancing U.S. chip packaging capabilities. This new development, which now includes a second...

Published on: October 09, 2025

ABB to sell robotics division to SoftBank for 5.4B

ABB to sell robotics division to SoftBank for 5.4B

ABB has announced it will sell its Robotics division to Japan’s SoftBank Group for an enterprise value of $5.375 billion, a move that underscores the growing momentum in AI-driven robotics. The deal, expected to close in mid-to-late 2026, aims to combine ABB’s...

Published on: October 09, 2025

IBM and Anthropic Partner to Enhance Enterprise Software Development

IBM and Anthropic Partner to Enhance Enterprise Software Development

IBM has partnered with Anthropic to incorporate the Claude large language model (LLM) into its enterprise software development portfolio, with the goal of enhancing productivity while upholding governance, security, and cost control for business clients. This collaboration represents a significant advancement in...

Published on: October 09, 2025

FurtherAI raises 25M to bring AI automation to insurance workflows

FurtherAI raises 25M to bring AI automation to insurance workflows

The San Francisco-based startup FurtherAI has secured a $25 million Series A led by Andreessen Horowitz to accelerate its mission of modernizing the $7 trillion insurance industry through AI insurance automation. The funding, announced just six months after a $5 million seed...

Published on: October 08, 2025

EPICURE launches HPC support portal for European researchers

EPICURE launches HPC support portal for European researchers

EPICURE has launched the European HPC Application Support Portal, a new online platform designed to make it easier for researchers and innovators across Europe to access and optimize their use of EuroHPC supercomputing systems. The portal, unveiled during the EuroHPC JU User...

Published on: October 08, 2025

QCi Raises $750 Million in Private Placement for Quantum Hardware Growth

QCi Raises $750 Million in Private Placement for Quantum Hardware Growth

Quantum Computing Inc. (QCi) has raised $750 million through an oversubscribed private placement to accelerate quantum hardware commercialization and drive quantum technology expansion. The financing, led by QCi’s largest shareholders, gives the company a pro-forma cash position of about $1.55 billion following...

Published on: October 08, 2025

EU funds 83 Digital Hubs to boost AI innovation

EU funds 83 Digital Hubs to boost AI innovation

The European Commission has announced renewed funding for 83 European Digital Innovation Hubs (EDIHs) as part of its ongoing effort to strengthen the continent’s AI ecosystem and support the EU’s “AI First” policy. The new funding, announced alongside the launch of the...

Published on: October 08, 2025

Qualcomm Acquires Arduino for Edge AI Expansion

Qualcomm Acquires Arduino for Edge AI Expansion

Qualcomm Technologies has announced plans to acquire Arduino, the open-source hardware and software platform known for democratizing embedded development. The move strengthens Qualcomm’s strategy to make its edge computing and AI technologies more accessible to a global community of innovators.For eeNews Europe...

Published on: October 07, 2025

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