Business Reporter

News

13 Jun 2025

Global EV sales rise in May as China hits 2025 peak -Rho Motion

Global sales of electric and plug-in hybrid vehicles rose 24% in May compared with the same period a year ago, as strength in China offset slower growth in North America, according to market research firm Rho Motion.

US says China's Huawei can't make more than 200,000 AI chips in 2025

13 Jun 2025

China’s Huawei Technologies is capable of producing no more than 200,000 advanced artificial intelligence chips in 2025, a top U.S. exports controls official told lawmakers on Thursday, warning that though the number is below the company’s demand, China is quickly catching up to U.S. capabilities.

CoreWeave to offer compute capacity in Google's new cloud deal with OpenAI, sources say

12 Jun 2025

CoreWeave has emerged as a winner in Google’s newly signed partnership with OpenAI, sources familiar with the matter told Reuters, in the latest example of the voracious appetite for computing resources in the artificial-intelligence industry and the formation of new alliances to meet them.

Oracle soars after raising annual forecast on robust cloud services demand

12 Jun 2025

Oracle raised its annual revenue growth forecast on Wednesday, betting on robust demand for its cloud offerings from companies deploying artificial intelligence, sending its shares up more than 7% after the bell.

Qualcomm launches AI R&D centre in Vietnam

11 Jun 2025

U.S. chipmaker Qualcomm has launched an artificial intelligence research and development centre in Vietnam, the company said on Tuesday.

11 Jun 2025

Capita to roll out AI-powered recruitment this summer

Capita, a British outsourcer that works with government, armed forces and companies, said it was using AI to cut recruitment from weeks to just hours, and it would roll out the service, developed with Salesforce Inc, this summer.

IonQ to buy Oxford Ionics for $1.08 billion to expand quantum computing research

10 Jun 2025

IonQ will acquire its British peer Oxford Ionics for $1.08 billion, the companies said on Monday, helping the U.S.-based quantum computing firm deepen its research expertise in the complex technology that is seeing booming investor interest.

Apple opens its AI to developers but keeps its broader ambitions modest

10 Jun 2025

Apple announced on Monday a slew of artificial intelligence features including opening up Apple Intelligence’s underlying technology in a modest update of its software and services as it lays the groundwork for future advances.

GlobalFoundries boosts investment plans to $16 billion, with research focus

05 Jun 2025

Chip manufacturer GlobalFoundries said on Wednesday it planned to increase its investment plans to $16 billion, allocating an additional $1 billion to capital spending and $3 billion to research in several emerging chip technologies.

Exclusive-SES $3.1 billion Intelsat deal to gain unconditional EU antitrust nod, sources say

05 Jun 2025

European satellite company SES is set to win unconditional EU antitrust approval for its $3.1-billion bid for rival Intelsat, people familiar with the matter said, creating a major European player to rival Elon Musk’s Space X-owned Starlink.

Dutch car sharing firm adds Renault EVs capable of powering local grid

04 Jun 2025

News

Global EV sales rise in May as China hits 2025 peak -Rho Motion

US says China's Huawei can't make more than 200,000 AI chips in 2025

CoreWeave to offer compute capacity in Google's new cloud deal with OpenAI, sources say

Oracle soars after raising annual forecast on robust cloud services demand

Qualcomm launches AI R&D centre in Vietnam

Capita to roll out AI-powered recruitment this summer

IonQ to buy Oxford Ionics for $1.08 billion to expand quantum computing research

Apple opens its AI to developers but keeps its broader ambitions modest

GlobalFoundries boosts investment plans to $16 billion, with research focus

Exclusive-SES $3.1 billion Intelsat deal to gain unconditional EU antitrust nod, sources say

Dutch car sharing firm adds Renault EVs capable of powering local grid

Beta Technologies, in a first, lands passenger-carrying electric aircraft at NY airport

China robotaxis, Indian pharma among hedge fund top picks at Sohn Hong Kong

British digital bank Monzo's annual profit surges, revenue tops $1.35 billion

Dell raises annual profit forecast on strong AI server demand

Most Viewed

Shipping giant CMA CGM and French AI startup target customer service in tie-up

Lucid to acquire select Arizona-based Nikola facilities and assets

Lithuania fines Revolut 3.5 million euros for money-laundering prevention failures

Global Payments agrees $24.25 billion Worldpay deal as industry heavyweights shift focus

Scale AI seeking valuation as high as $25 billion in potential tender offer, Business Insider reports

Microsoft plans to invest $80 billion on AI-enabled data centers in fiscal 2025

AI chip firm Cerebras partners with France's Mistral, claims speed record

ABB to spin off world's second biggest robotics business

Exclusive-Arm expects its share of data center CPU market sales to rocket to 50% this year

Meta in talks to raise $35 billion for data center financing led by Apollo, Bloomberg News reports

Winston House, 3rd Floor, Units 306-309, 2-4 Dollis Park, London, N3 1HF

23-29 Hendon Lane, London, N3 1RT

020 8349 4363

info@business-reporter.co.uk