ByteDance and Oracle are using Arm’s in-house AGI CPU, completing the hyperscaler-x86 exit
ByteDance and Oracle are using Arm’s in-house AGI CPU, completing the hyperscaler-x86 exit

Arm CEO René Haas confirmed at Computex that ByteDance and Oracle have joined Meta as customers for Arm’s own data-centre CPU, validating the company’s shift from licensor to silicon vendor. Arm chief executive René Haas confirmed at Computex on Monday…

Vinted Ventures backs Tilt’s $26M live-commerce round as Whatnot pressure mounts
Vinted Ventures backs Tilt’s $26M live-commerce round as Whatnot pressure mounts

Tilt’s $26M raise, the first Vinted Ventures cheque into a live-commerce platform, looks like a defensive move against the Whatnot expansion threatening Vinted’s European resale base. Tilt, the London-based live-auction app founded by two early Revolut…

Alphabet to raise $80bn in equity to fund its AI spending
Alphabet to raise $80bn in equity to fund its AI spending

Alphabet is raising $80bn in equity, an unusually large sum for a company that has rarely needed to ask. The Google parent announced the plan on Monday to help fund what it called investment in world-class AI compute infrastructure to meet unprecedente…

Runway picks London for its European headquarters with a $200m UK pledge
Runway picks London for its European headquarters with a $200m UK pledge

The Nvidia-backed AI video firm joins Anthropic and OpenAI in betting on London, citing customers including the BBC, Fremantle and WPP. Runway is making London its European headquarters and has pledged to put more than $200m into the UK’s AI ecosystem …

NVIDIA names Anthropic and OpenAI among first users of its Vera chip
NVIDIA names Anthropic and OpenAI among first users of its Vera chip

Jensen Huang spent a portion of his Computex keynote reading out a guest list. Anthropic, OpenAI, SpaceX and Oracle, the Nvidia chief executive told the audience in Taipei on Monday, are among the first big users of Vera, the company’s new in-house pro…

ASML spinout Invisix raises €20M to see inside the chips optics can’t
ASML spinout Invisix raises €20M to see inside the chips optics can’t

Modern chips have a measurement problem that sounds almost philosophical: they have become too complex to look at. As logic and memory devices stack into three dimensions and shrink to a few nanometres, the optical tools that check each layer can no lo…

US moves to close the loophole letting Nvidia’s top chips reach Chinese firms abroad
US moves to close the loophole letting Nvidia’s top chips reach Chinese firms abroad

New Commerce Department guidance ties export-licence rules to where a company is headquartered, not where it sits, snaring the overseas units of Chinese AI firms. For about a year, there was a way around America’s toughest chip controls, and it was a m…

Revolut, Mistral and Wayve founders back Balderton’s ‘Built in Europe’ push
Revolut, Mistral and Wayve founders back Balderton’s ‘Built in Europe’ push

European tech has a confidence problem that has little to do with its results. The companies are there, the exits are there, and yet the dominant story has long been one of catching up to Silicon Valley. Balderton Capital wants to change the register. …

Intel and 3DGS back a $3.3bn glass-substrate plant in India’s Odisha
Intel and 3DGS back a $3.3bn glass-substrate plant in India’s Odisha

The fight over who makes the world’s chips is increasingly a fight over the parts of a chip nobody photographs. India has just landed one of them. Intel and 3D Glass Solutions have signed an agreement to build a roughly $3.3 billion substrate-manufactu…

Norway’s $2.3tn fund backs a human-rights review at Palantir
Norway’s $2.3tn fund backs a human-rights review at Palantir

The world’s largest sovereign wealth fund does not often pick a fight with a company it owns. When it does, the size of the holder makes the gesture hard to ignore. Norges Bank Investment Management, which runs Norway’s $2.3 trillion oil fund, will vot…