Google is investing at least €13 billion ($15.1 billion) in Finnish AI infrastructure over two years, its largest European commitment…
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VW Slashes 50,000 More Jobs in Its Largest-Ever Restructuring Plan
Volkswagen approved “Future Plan 2030” on Thursday, its largest restructuring ever, eliminating roughly 50,000 additional jobs worldwide. The automaker did…
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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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Bungie Rents Out 211,000 Square Feet of Bellevue HQ Through 2035
Bungie is subleasing nearly 211,000 square feet of its Bellevue, Washington headquarters through September 30, 2035. The studio confirmed the…
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Samsung Biologics launches $2.18 billion share sale to swallow PolyPeptide
Samsung Biologics will issue 2.27 million shares to raise 3 trillion won ($2.18 billion), funding its acquisition of Swiss firm…
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Samsung Hunts Mega Acquisitions After 85% Profit Plunge
Samsung endured a punishing 2023, with profits plunging 85% year over year as demand for smartphones and memory chips collapsed.…
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22,500 Developers Flood San Francisco Hub as AWS Adds Hyderabad, Berlin, São Paulo
AWS is expanding its Builder Loft community spaces with permanent hubs in Berlin, Hyderabad, and São Paulo after its San…
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Oracle Slashes Payroll Again While Sinking $55.7 Billion Into AI Data Centers
Oracle is betting more than $55 billion on AI infrastructure while simultaneously cutting thousands of jobs from its payroll. The…
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Former Yandex Offshoot Nebius Hunts Staff in Estonia, Stoking Data Center Mystery
A former Yandex subsidiary is quietly recruiting AI infrastructure talent across Estonia while keeping the purpose of a new data…
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Volkswagen Plans to Axe 100,000 Jobs and Shut Four German Plants as Unions Vow to Fight Back
Volkswagen is planning to cut around 100,000 jobs — roughly 15% of its global workforce — and close four German…
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