Bank of America cut BE Semiconductor Industries to neutral and nearly halved its price target, saying the share price does not reflect the threat of ASML entering hybrid bonding, the market Besi depends on for growth. Besi has also been approached by t…
Nokia’s chief executive Justin Hotard says the industry would build data centres twice as fast if memory and energy supply allowed, and that demand would hold even without a new frontier model for three years. Bain and a paper presented at the Brooking…
Collibra has acquired trail ML, a Munich startup whose agents work out which AI rules apply to a system, check whether its controls work, and block agent actions that break policy, with no price disclosed. The market exists because of the EU AI Act, wh…
PwC and Cohere have announced a global alliance to sell secure enterprise AI, beginning in Canada, with no client, value or timeline disclosed. Cohere markets itself as a sovereign AI company while completing a merger with Germany’s Aleph Alpha in whic…
Deliveroo has partnered with the American firm Coco Robotics to run four-wheeled pavement robots in five UK locations, starting in Canary Wharf this month, and says most orders will still go to human riders. Milton Keynes, one of the five, has had robo…
BYD executive vice-president Stella Li says the company will have one model with solid-state batteries next year, which is the earliest date any carmaker has given. Toyota says 2027 or 2028, Mercedes and Honda closer to 2030, and LG Energy Solution put…
Volkswagen’s battery subsidiary PowerCo has delayed its Ontario plant by two years to 2029, and the ID Buzz will skip another American model year. Its Salzgitter plant in Germany has been making cells since December and supplies a new assembly line at …
Hyundai research chief Manfred Harrer says carmakers cannot give up on solid-state batteries and expects small-volume halo cars within five years, but does not believe the raw material cost problem can be solved in that time. LG Energy Solution puts so…
Istanbul Ignited by Slush’D returns to Rixos Tersane in Istanbul on 12 to 14 October for its second edition. The organisers expect more than 3,000 attendees, 1,400 startups and 600 investors, up from about 1,700 attendees last year. The first edition r…
Istanbul Ignited by Slush’D returns to Rixos Tersane in Istanbul from 12 to 14 October for its second edition. The organizers expect more than 3,000 attendees, 1,400 startups and 600 investors, up from about 1,700 attendees last year. The first edition…