Apple is moving its mergers and acquisitions team back under chief financial officer Kevan Parekh, who ended the company’s net cash neutral policy in May in a move analysts read as room to buy things. It also promoted Carson Oliver to run the App Store…
Europe’s venture-backed companies could be worth more than its industrial base within five years, Dealroom founder and chief executive Yoram Wijngaarde said. He spoke at Wave by Vento in Turin on Thursday. “I think that the VC-backed ecosystem is going…
Five American technology companies are pledging $2.4B in AI tools and compute credits to federal science at a White House summit, with Nvidia giving $1B and Google the smallest share at $150M. The same administration suspended Microsoft from a residenc…
Oracle is trucking compressed natural gas to AI data centres that cannot yet connect to a pipeline, at roughly four times the price of gas at a hub. Europe has the same grid bottleneck and is answering it the other way, with Spain proposing to refuse c…
Legora co-founder and chief executive Max Junestrand says calls for European sovereignty in software are an excuse for companies that are not bold enough to go global. He spoke at Wave by Vento in Turin on Thursday. “I think sovereignty in enterprise a…
PsiQuantum has received a conditional commitment for a loan of up to $150 million from the US Department of War’s Office of Strategic Capital. The quantum computing company announced the commitment on Thursday. It is the second conditional loan from th…
The US is suspending eight technology firms from PERM, the labour certification step that precedes an employer-sponsored green card, citing alleged fraud. Capgemini is the only European company named, and North America is its fastest-growing region at …
Quantum computing, healthcare and energy security are the fields Nvidia wants to strengthen with commitments it values at $1 billion. The money will be spread over the next five years. The company announced the commitments on Thursday at the Science: A…
Ten of the biggest AI developers have made, or committed to make, changes to how they handle personal data. The UK’s Information Commissioner’s Office (ICO) secured the changes after two years of scrutiny. The data regulator named them on Thursday: Ama…
DARPA has moved Atom Computing, Diraq, IBM and IonQ into the final stage of its Quantum Benchmarking Initiative. The US defence research agency runs the programme to test whether anyone can build a useful quantum computer by 2033. DARPA announced the f…