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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

Peer AI Raises 12.1M to Speed Up Drug Approvals with Agentic AI

Peer AI Raises 12.1M to Speed Up Drug Approvals with Agentic AI

Peer AI, a San Francisco-based startup specializing in AI-powered regulatory workflows for life sciences, has secured $12.1 million in funding to accelerate drug approval processes. The round was led by Flare Capital Partners and SignalFire, with participation from Greycroft, Atria, Alumni Ventures,...

Published on: October 07, 2025

ROHM launches smart switches for zonal controllers

ROHM launches smart switches for zonal controllers

ROHM has recently unveiled a new family of smart Switches tailored for zonal controllers, aiming to elevate reliability and performance in next-generation automotive systems. The BV1HBxxxEFJ series comprises six intelligent power devices designed for zonal control, offering low ON resistance ranging from...

Published on: October 05, 2025

Bosch Mobility to Cut 13,000 Jobs by 2030 in $2.5 Billion Restructuring

Bosch Mobility to Cut 13,000 Jobs by 2030 in $2.5 Billion Restructuring

Bosch Mobility has recently unveiled a comprehensive restructuring program with the aim of closing a significant €2.5 billion annual cost gap. The company anticipates that approximately 13,000 jobs will be cut globally by the year 2030 as part of this initiative. This...

Published on: October 03, 2025

IoT market to surpass $1.1 trillion by 2030

IoT market to surpass $1.1 trillion by 2030

The global Internet of Things (IoT) technology market is projected to experience steady growth, with a forecasted value of USD $1,148.62 billion by 2030, up from USD $959.30 billion in 2025, as outlined in a recent report by MarketsandMarkets. The report emphasizes...

Published on: October 03, 2025

“NTN NB-IoT: Connecting the World Through Testing”

“NTN NB-IoT: Connecting the World Through Testing”

NTN NB-IoT technology is revolutionizing the way satellites provide telecommunication services to Internet of Things devices in areas lacking terrestrial base station cellular coverage. This innovative technology is closing the digital divide by offering internet and communication services in remote and underserved...

Published on: October 03, 2025

PTC Expands Service Lifecycle Management AI

PTC Expands Service Lifecycle Management AI

PTC has announced updates to its service lifecycle management AI portfolio, adding agentic AI functions to both ServiceMax and Servigistics platforms. The agentic AI enhancements focus on orchestrating multi-agent workflows, improving first-time fix rates, and supporting more autonomous planning and forecasting.For eeNews...

Published on: October 02, 2025

EU Member States Support Chips Act 2.0

EU Member States Support Chips Act 2.0

The Semicon Coalition, consisting of all 27 EU Member States, has issued a call for a more robust Chips Act 2.0 to bolster Europe’s position in the global semiconductor supply chain. The joint declaration emphasizes the necessity of an enhanced Chips Act...

Published on: October 01, 2025

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