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Electronic Breaking News

Startup in funding to reduce energy consumption in AI data centres 

Startup in funding to reduce energy consumption in AI data centres 

Oriole Networks — a startup using light to train Large Language Models with a fraction of the usual AI energy consumption — has raised an additional $22 million from leading investors to further scale its “super-brain” offering. The round was led by Plural...

Published on: October 21, 2024

BeDimensional gains €20 million to make 2D materials

BeDimensional gains €20 million to make 2D materials

The European Investment Bank (EIB) has offered BeDimensional SpA (Genoa, Italy), €20 million to help it scale up its manufacturing of graphene and hexagonal boron nitride.The funding comes in the form of venture debt financing and BeDimensional said it would expand production...

Published on: October 20, 2024

US adds $2bn for grid projects

US adds $2bn for grid projects

The US government has allocated an additional $2bn for 38 projects to boost the capacity and resilience of the electricity grid.The projects will upgrade nearly 1000 miles of transmission lines across 42 states for an extra 7.5GW of capacity, demand is still...

Published on: October 20, 2024

AI power curve prompts hyperscalers to go nuclear

AI power curve prompts hyperscalers to go nuclear

Two leading hyperscalers – Google and Amazon Web Services (AWS) – have announced plans to purchase electrical energy from nuclear sources to power their data centers.Google has said it has signed a contract to purchase energy from multiple small modular reactors (SMRs)...

Published on: October 20, 2024

India’s chip market set to surpass those of Europe, Japan

India’s chip market set to surpass those of Europe, Japan

The Indian chip market is likely to be larger than that of Japan and of Europe in 2024 to judge by a recent market research report and sales trends.The Indian chip market was worth US$45 billion in 2023, according to research from...

Published on: October 19, 2024

Litho equipment vendor ASML trims sales forecast on fab push-outs

Litho equipment vendor ASML trims sales forecast on fab push-outs

Lithography equipment supplier ASML has trimmed its forecast for sales in 2025 because of cautiousness among some chip makers and “specific competitive issues in the foundry business.”ASML Holding NV (Veldhoven, The Netherlands) is the dominant supplier of lithography equipment for making chips...

Published on: October 19, 2024

Three tools combine for power and battery analysis

Three tools combine for power and battery analysis

Keysight Technologies has combined three tools into a software platform designed to accelerate battery testing and design processes.The PathWave Advanced Power Application Suite consolidates PathWave’s IV Curve Measurement software, Advanced Power Control and Analysis, and Advanced Battery Test and Emulation, into a...

Published on: October 18, 2024

Lightmatter gets ‘quad-unicorn’ backing for optical interposer pitch

Lightmatter gets ‘quad-unicorn’ backing for optical interposer pitch

Optical processor developer Lightmatter Inc. (Mountain View, Calif.) has raised US$400 million in a round of funding that values the company at US$4.4 billion. The Series D round brings the total raised by the company to US$850 million.The round was led by...

Published on: October 18, 2024

Nordic agrees to buy UWB specialist Novelda

Nordic agrees to buy UWB specialist Novelda

Wireless chip vendor Nordic Semiconductor ASA (Trondheim, Norway) has agreed to buy fellow Norwegian and UWB specialist chip company Novelda AS (Oslo, Norway) for an undisclosed sum.The parties have signed a Letter of Intent (LOI) and the acquisition is subject to satisfactory...

Published on: October 18, 2024

AI is not a bubble and TSMC is not a monopolist, says Wei

AI is not a bubble and TSMC is not a monopolist, says Wei

TSMC chair CC Wei has said that AI demand is real and it is just the beginning of a growth engine that will last for years.Wei said that concerns that AI spending is not producing a return on investment for customers are...

Published on: October 18, 2024

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