Synopsys, valued near $88.7 billion, signed a deal with the European Chips Joint Undertaking to give startups and SMEs access…
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$1 Trillion AI Market Wipeout Accelerates as Asian Chip Giants Plunge
A selloff erased $1 trillion from leading AI and semiconductor stocks this week. The iShares Semiconductor ETF extended losses to…
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A Productless Startup Pursues $2.5 Billion Valuation for AI Data Center Chips
Nuvacore, a six-month-old startup with no product yet, is in talks to raise over $200 million at a valuation near…
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European chip design push nets €40 million to outpace Nvidia’s inefficiencies
Dutch and German innovation agencies NADI and SPRIND are pooling €40 million over 20 months to fund teams using AI…
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iOS 27 Unveils Built-In Defense Against Bank and Government Impersonation Scams
Apple has introduced Impersonation Risk Detection in iOS 27 to counter scams where criminals pose as banks, government agencies, or…
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UK chip startup Fractile claims path to Britain’s first trillion-dollar company
Carmen Alfonso Rico, vice president of business operations at UK AI chip startup Fractile, said the company could become Britain’s…
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€390 Million Push Builds Europe’s Largest Quantum Chip Foundry by 2027
Copenhagen is set to host Europe’s largest quantum chip fabrication plant by 2027. Quantum Foundry Copenhagen, owned by the Novo…
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Dropout’s AI chip startup triples valuation to $3 billion in six months
James Dacombe, 25, has become Europe’s youngest self-made billionaire after his AI chip startup Olix tripled its valuation to $3…
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European startups pulled in €8.6B during July as exits surge
European venture funding hit €8.6 billion in July, a figure usually reserved for entire quarters. A wave of exits is…
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Two-Year-Old Startup Lands €270 Million to Reengineer AI Chip Factories With Light
A Dutch startup that didn’t exist in 2023 just secured a massive funding round to fundamentally redesign how AI chips…
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