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Last week, rumors have been circulating that Intel has been working with investment bankers on options to navigate the company through potholes. Latest update: options may include selling off its FPGA unit Altera and putting a halt to its USD 32 billion investment project in Germany, according to th...
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The Wall Street Journal reported that OpenAI is in talks for a new round of funding, with tech giants Apple and NVIDIA both interested in investing in the AI research company OpenAI. It’s reported that this investment will be part of OpenAI's new round of financing, which will bring its estimat...
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As per Chongqing News Broadcast, the San'an-ST project, with a total investment of approximately CNY 30 billion, is close to completion. The substrate factory is expected to start production this month, two months ahead of schedule. The project, jointly developed by Chongqing San'an and ST, inclu...
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In a report by Bloomberg on August 29 citing sources, it’s rumored that Intel Corp. is working with investment bankers to navigate what is described as the most challenging period in its 56-year history. Reportedly, Intel is said to be exploring various options, including spinning off its produ...
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As per a report from Bloomberg citing sources, Finnish telecommunications company Nokia is said to be having discussions on potential options for selling its mobile network business, of which is estimated to be valued at around USD 10 billion. The sources cited in the report indicated that Noki...