Company has seen its valuation halve in recent years, report claims

EIB will offer advisory support under terms of agreement

Data center business flat, Foundry still seeks big customer

Company began notifying impacted workers on October 23

Companies could receive $10m in funding in exchange for government becoming a shareholder

Has added former Siemens, Synopsys, and Cadence execs to its advisory board

Round led by Playground Global

€10m system will support the newly launched Q-Alliance

Company also shipped its first advanced packaging product during the quarter

System will be housed at the Irish Centre for High-End Computing

Looking to engage with supercomputer manufacturers and hardware providers

Has sold 16.5 million shares to an entity managed by Heights Capital Management

First factory slated for completion in mid-2027

Claims it was forced to act due to “serious governance shortcomings” at the company

Chip designer said it also plans to double UK headcount

Follows reports that delays were frustrating members of the government and Nvidia executives

Follows acquisitions of Edge Impulse and Foundries.io

Will use funds to further commercialize its technology

Company announced $60bn investment in the US earlier this year

Deal to expand GSME’s global presence, company claims

Developer is HW Technology Park Development LLC, a division of Hillwood Development Company

Deal will also allow OpenAI to take a ten percent stake in the chipmaker

Startup spun-out of Caltech in 2023

Five months after the agreement was signed, no investments have been finalized or export licenses signed