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Samsung Electronics has started construction on a new KRW20 trillion ($15bn) semiconductor research and development (R&D) complex in Giheung, Korea. The new facility will be built in an
Mubadala-backed Emirati AI and cloud computing technology company G42 launched a $10bn expansion fund to invest in late-stage technology companies. The fund, which will be managed by a
Database service provider MariaDB has snapped up Canada-based geospatial products and services company CubeWerx for an undisclosed sum. Through the acquisition of the Canadian company, MariaDB gains scalable,
US-based intelligent creative platform VidMob has raised $110m in a Series D funding round to expedite platform development and expand its global presence. The funding round, led by
US-based investment firm Francisco Partners has inked a definitive agreement with SAP America, a wholly owned subsidiary of SAP, to acquire SAP Litmos for an undisclosed sum. Founded
Canada-based Sebastiani Ventures has forged a letter of intent (LOI) with the MedTech AI-powered company EvokAI Creative Labs (EvokAI) to acquire all of the latter’s voting securities. Under
NASA has awarded a $50m contract to Arizona-based semiconductor manufacturer Microchip Technology for developing a High-Performance Spaceflight Computing (HPSC) processor for its Jet Propulsion Laboratory. The computational capacity
Pliops, a provider of data processors for cloud and enterprise data centres, has raised a $100m in Series D funding round to address the broad market opportunity for
Software investment firm Thoma Bravo has closed the previously announced $6.9bn acquisition of US-based enterprise identity security provider SailPoint Technologies in an all-cash transaction. Following the closing of
Hyundai Motor Group, along with Boston Dynamics, has announced to launch of the Boston Dynamics AI Institute to focus on fundamental advances in artificial intelligence (AI), robotics and
