Intel posts $1.6bn net loss for Q2 2024; plans more than 15,000 layoffs
Company saw its stock price sink after results were published
Company saw its stock price sink after results were published
Decision comes after Chancellor asked government departments to find billions in savings
Company bid for government funding to support $4bn Californian research center
Newly-formed firm takes over data center previously operated by Netrepid
Scheme provides companies with access to technical and commercial help to secure private investment
Investment firm to hold 85 percent of $250 million project
Company says investment in AI is continuing to grow
While Mark Zuckerberg says Llama 4 will need 10× more compute than predecessor
74 percent sequential growth due to hyperscale demand
Investigation to determine if it counts as a defacto merger
Telefónica has confirmed talks are ongoing
Microsoft is placing its bets on AI
But NuScale says it is unaware of any investigation
John Colgrove joins board
Bidding for company continues
Reportedly seeking a $10bn valuation
Data Journey also acquires Westland Bunker in Houston
Site purchased for AU$23 million
The CCPC wants to establish whether the acquisition harms competition
Plans to extend reach to EMEA and North America
The merger is being scrutinized by the CMA currently
Asking price is $6m
SPS looking for a new landlord
Will serve hyperscalers