Top News
- Celero Communications raises $275M at $3B+ valuation for AI datacenter networking chips, backed by Alphabet's CapitalG
Startup targeting efficiency improvements in AI infrastructure as demand for specialized networking silicon accelerates.
- U.S. Energy Department awards $1.9B loan to revive Iowa nuclear plant for Google power supply
Google is backing the nuclear restart as part of its strategy to secure reliable zero-carbon energy for AI data center operations.
- Qualcomm signs multi-generation custom AI chip deal with Amazon, gaining option to acquire up to $4B in shares
Deal spans multiple generations of data center processors, marking Qualcomm's expansion beyond smartphones into cloud infrastructure.
More: Bloomberg — Technology
- Poseidon Aerospace raises $60M to advance pilotless cargo aircraft, with first uncrewed test flight imminent
The startup aims to reduce cargo aircraft operating costs by eliminating pilot labor through autonomous flight systems.
- European SpaceX rival The Exploration Company raises $450M for reusable capsule and large rocket engine
Company aims to build Europe's first reusable space capsule and largest regional rocket engine to compete with SpaceX.
Stoke Space closes $1B Series E tranche, bringing total capital raised to $2.3B for reusable rocket developmentInitial closing of larger round aimed at orbital operations and next-generation launch vehicle scaling.
More: Ars Technica, TechCrunch
- Bluecore Energy raises $50M seed round for floating nuclear power plants targeting US seaports
Southern California startup seeks to deploy maritime nuclear systems at busiest port complex; $10M pre-seed raised months prior.
More: TechCrunch
Intel to raise CPU prices 10% in October ahead of major product launch scheduled for March 2027; AMD expected to followThird price increase this year for Intel; Digitimes reports shift toward profitability as competition intensifies.
More: The Verge
Pixxel raises $100M Series C to expand US hyperspectral satellite production and develop next-generation platformsFunding will support manufacturing scale-up and larger, more capable satellite designs for Earth observation missions.
Greece activates acquisition of two FREMM frigates from Italy, with deliveries scheduled for 2028 and 2029Greece receives Bergamini-class vessels from Italian Navy inventory, strengthening Eastern Mediterranean naval capability.
Poland and Canada finalize defense cooperation pact including drone procurement dealPoland's defense minister signals shift from equipment buyer to producer, expanding indigenous drone capability.
Belgian authorities arrest researcher for allegedly transferring BelGaN GaN semiconductor trade secrets to Chinese competitor before company collapseProsecutors suspect insiders moved proprietary gallium nitride chip IP to China as BelGaN faced bankruptcy.
China targets fourfold increase in AI computing capacity by 2030, plans 100,000-card accelerator clustersBeijing escalates infrastructure investment in AI hardware as part of broader five-year tech expansion strategy.
Spanish Navy selects MBDA's SIMBAD RC VSHORAD system for F80 frigates and Juan Carlos I LHDProcurement aims to close short-range air defense capability gap; expansion planned across broader surface fleet.
Houthi drone and missile attacks on Saudi Arabia ignite fires at oil facilities, wound 70+ personnelMajor escalation in Iranian-backed insurgent campaign targets critical energy infrastructure in kingdom's south.
Intel surpasses 1M High-NA EUV wafers processed, leading industry adoption of ASML's advanced lithography for AI chip productionTSMC plans High-NA deployment by 2030; industry moving to larger 6×12-inch photomasks to reduce costs and boost throughput.
More: Tom's Hardware, Nikkei Asia, Bloomberg — Technology, Tom's Hardware
- SoftBank to gauge investor demand for jumbo dollar bond sale to fund AI investment push
Masayoshi Son's firm is ramping up borrowing to finance its massive artificial intelligence bets.
- Temasek-backed Indian satellite startup plans to quadruple production capacity
Expansion targets indigenous space infrastructure amid growing regional demand for comms and Earth observation.
- Renault begins European production of Dacia Spring EV at €17,900 to qualify for local-content incentives
Overhauled model shifts assembly from China to Europe, positioning for EU subsidy eligibility amid tariff pressures.
China showcases PLA Air Force aircraft at Egypt air show for first time to demonstrate export capabilitiesMilitary hardware exhibition follows joint drill, signals Beijing's push to expand defense equipment sales globally.
- US Export-Import Bank backs Ivory Coast's first state-owned data center, opening next year
Project aims to modernize public services, strengthen cybersecurity, and assert digital sovereignty in West Africa.
Hong Kong receives bids from AI, chip, and quantum firms for flagship cross-border tech hub developmentGovernment seeking operator for Northern Metropolis project at mainland border, signaling strategic focus on advanced semiconductor and AI capability.
MTR Corporation wins Sydney metro station and property development contract as part of consortium bidHong Kong rail operator expands infrastructure footprint into Australia's second CBD with mixed-use project.
- Eric Wu's NavigateAI raises $25M for AI-powered construction worker guidance via smartphones and AR glasses
Ex-Opendoor CEO targets construction labor shortages with real-time hands-free copilot technology.
- South Korean battery makers, led by EcoPro, pivot to humanoid robotics as next growth market beyond EVs
EcoPro and peers see demand for lighter, higher-density batteries as humanoid robots scale into commercial deployment.