G42

G42 and Liquid AI partner to deliver private, local and efficient AI solutions to enterprises at scale

News Release – 17 Jun 2025 G42, the Abu Dhabi-based global technology group, and Liquid AI, a leading efficient foundation models company headquartered in Cambridge, Massachusetts, today announced that they have entered into a multifaceted commercial partnership to facilitate the creation, training and commercialization of generative AI solutions powered by Liquid Foundation Models. The goal of the partnership is to jointly develop and deploy private … Continue reading G42 and Liquid AI partner to deliver private, local and efficient AI solutions to enterprises at scale

Why Big Tech is Racing to Build the Perfect AI Device

Why Big Tech is Racing to Build the Perfect AI Device

Virtually all the largest tech companies (Google, Apple, Microsoft, Meta, Amazon, and OpenAI) are fiercely competing to bring an AI-centric device into consumers’ hands as soon as possible. This race is not just about producing flashy hardware. Instead, it’s a strategic effort to define the next computing era. Traditionally, PCs and smartphones have dominated our digital lives. But amid the emergence and dominance of AI, … Continue reading Why Big Tech is Racing to Build the Perfect AI Device

Empowering the UK Workforce: Training 7.5 Million in AI by 2030

Empowering the UK Workforce: Training 7.5 Million in AI by 2030

In a major push to prepare the workforce for the rapidly evolving artificial intelligence (AI) economy, the UK government announced this week a £187 million investment in a national skills programme designed to equip young people and workers with essential AI and digital skills. At the center of the initiative is the “TechFirst” programme, which aims to introduce AI learning into classrooms and communities across … Continue reading Empowering the UK Workforce: Training 7.5 Million in AI by 2030

G42 Establishes G42 Europe & UK

G42 Establishes G42 Europe & UK

News Release – G42, the leading UAE-based artificial intelligence and advanced technology group, today announced the launch of G42 Europe & UK, a subsidiary headquartered in London. The entity will focus on delivering tailored AI solutions to Europe and UK’s private sector and partnering with governments and industry to support the build-out of critical AI infrastructure across the UK and continental Europe. G42 Europe & … Continue reading G42 Establishes G42 Europe & UK

Qualcomm to Acquire Alphawave Semi

Qualcomm to Acquire Alphawave Semi

Highlights: Press Release – Jun 9, 2025 – LONDON – Qualcomm Incorporated (NASDAQ: QCOM) today announced that it has reached an agreement with Alphawave IP Group plc (AWE.L) (“Alphawave Semi”) regarding the terms and conditions of a recommended acquisition by Aqua Acquisition Sub LLC, an indirect wholly-owned subsidiary of Qualcomm Incorporated, for the entire issued and to be issued ordinary share capital of Alphawave Semi at … Continue reading Qualcomm to Acquire Alphawave Semi

Nebius

Nebius Group announces private placement of $1 billion in aggregate principal amount of convertible notes

Amsterdam, June 2, 2025 — Nebius Group N.V. (“Nebius Group” or the “Company”; NASDAQ: NBIS), a leading AI infrastructure company, today announced that it has entered into definitive agreements for a private placement of senior unsecured convertible notes in an aggregate principal amount of $1 billion, in two tranches:  $500,000,000 aggregate principal amount of 2.00% convertible notes due 2029 (the “2029 Notes”), and $500,000,000 aggregate principal … Continue reading Nebius Group announces private placement of $1 billion in aggregate principal amount of convertible notes

GlobalFoundries Announces $16B U.S. Investment to Reshore Essential Chip Manufacturing and Accelerate AI Growth

GlobalFoundries Announces $16B U.S. Investment to Reshore Essential Chip Manufacturing and Accelerate AI Growth

Backed by leading tech giants, the investment reinforces domestic semiconductor production and U.S.-based innovation in AI-enabling and power efficient technologies MALTA, N.Y., June 4, 2025 – GlobalFoundries (Nasdaq: GFS) (GF), working with the Trump Administration and with support from leading technology companies aiming to onshore critical components of their supply chain, today announced plans to invest $16 billion to expand its semiconductor manufacturing and advanced packaging … Continue reading GlobalFoundries Announces $16B U.S. Investment to Reshore Essential Chip Manufacturing and Accelerate AI Growth

Nscale and Lightning AI Partner to Launch Enterprise-grade AI Studio

Nscale and Lightning AI Partner to Launch Enterprise-grade AI Studio

Makes AI Easier to Build and Faster to Scale for Developers and Enterprise Teams Paris, France – June 11, 2025 – Nscale and Lightning AI today announced a strategic partnership bringing together intuitive AI development tools and scalable cloud infrastructure to launch a new enterprise-grade AI Studio designed to streamline the entire generative AI lifecycle from idea to production.‍ The Nscale Lightning AI Studio will be a unified platform that covers the … Continue reading Nscale and Lightning AI Partner to Launch Enterprise-grade AI Studio

G42 and WWT Launch Forge42 to Accelerate “Made in the Emirates” AI Innovation

G42 and WWT Launch Forge42 to Accelerate “Made in the Emirates” AI Innovation

News – Middle East – In a major milestone for local innovation, G42, the Abu Dhabi based global technology group, and WWT (World Wide Technology), a leading U.S.-based systems integrator and technology solutions provider, today announced the launch of Forge42, a world-class artificial intelligence (AI) acceleration company. The new initiative was officially unveiled at “Make it in the Emirates”, the UAE’s premier manufacturing event, in … Continue reading G42 and WWT Launch Forge42 to Accelerate “Made in the Emirates” AI Innovation