Covering Scientific & Technical AI | Saturday, June 6, 2026

Nebius Announces $700M Strategic Equity Financing

Amsterdam, Dec. 2, 2024 -- Nebius Group N.V. (NASDAQ: NBIS), a leading AI infrastructure company, today announced that it has entered into definitive agreements for a $700 million private ...Full Article

Tenstorrent Closes $693M+ Series D Funding Led by Samsung Securities and AFW Partners

SANTA CLARA, Calif., Dec. 2, 2024 -- Tenstorrent has announced that it has closed over $693 million in its Series D funding round at a pre-money valuation of $2 billion. ...Full Article

Intel Announces Retirement of CEO Pat Gelsinger

SANTA CLARA, Calif., Dec. 2, 2024 – Intel Corporation today announced that CEO Pat Gelsinger retired from the company after a distinguished 40-plus-year career and has stepped down from the board ...Full Article

Abu Dhabi’s Technology Innovation Institute Inaugurates Open-Source AI Summit with Critical Discussions on the Future of AI

ABU DHABI, United Arab Emirates, Nov. 27, 2024 -- The Open-Source AI Summit Abu Dhabi, hosted by the Technology Innovative Institute (TII), a global applied science research center, has kicked ...Full Article

NTT DATA Announces Intent to Acquire Niveus Solutions to Accelerate Global Leadership in Google Cloud

LONDON, Nov. 27, 2024 -- NTT DATA, a global leader in digital business and IT services, has announced it has signed a definitive agreement to acquire Niveus Solutions, a ...Full Article

IDC Report: AI Infrastructure Spending to Surpass $100B by 2028

NEEDHAM, Mass., Nov. 27, 2024 -- The global Artificial Intelligence (AI) infrastructure market is on track for unprecedented growth, poised to surpass $100 billion USD in spending by 2028, according ...Full Article

Dell Technologies Delivers Q3 Fiscal 2025 Financial Results

ROUND ROCK, Texas, Nov. 26, 2024 -- Dell Technologies (NYSE: DELL) announces financial results for its fiscal 2025 third quarter. Revenue was $24.4 billion, up 10% year over year. Operating income was $1.7 ...Full Article

Intel, Biden-Harris Administration Finalize $7.86B Funding Award Under US CHIPS Act

SANTA CLARA, Calif., Nov. 26, 2024 – Intel Corporation and the Biden-Harris Administration announced today that the U.S. Department of Commerce and Intel have reached agreement on terms to award the ...Full Article

AMD Expands ROCm 6.3 with Optimized Libraries for AI and HPC Workflows

Nov. 26, 2024 -- AMD has announced the release of ROCm 6.3 open-source platform, introducing advanced tools and optimizations to elevate AI, ML, and HPC workloads on AMD Instinct ...Full Article

Cloud Management Platform emma Secures $17M Series A

Luxembourg, Nov. 26, 2024, -- emma, an innovative cloud management platform transforming how businesses optimize and scale their cloud infrastructure, has announced the successful closure of its $17 million Series ...Full Article
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