This week’s stories are about tech, AI and sustainability, coming from the EU, Korea and the USA Pope Leo warns AI could become a new form of economic colonialism Pope Leo XIV warned that artificial intelligence (AI) could deepen technological dependence between wealthy and poorer […]
This week’s stories are about tech, AI and startups, coming from Korea and the USA AI chip sales shift toward long-term deals as data center demand surges The rapid expansion of artificial intelligence (AI) data centers is reshaping not only production strategies but also sales […]
This week’s stories are about tech, sustainability and AI, coming from Japan, Taiwan, the Netherlands and South Africa Sony, TSMC to form $5 billion image sensor JV Sony’s semiconductor unit and Taiwan Semiconductor Manufacturing Co. have signed a binding agreement to establish a $4.7 billion […]
Raising $75 million makes HubX Turkey’s latest unicorn HubX, Turkish mobile apps and web products startup, secured up to $75 million from Point72 Private Investments at a $1.2 billion pre-money valuation, becoming Turkey’s latest unicorn. As a bootstrapped startup, this has been the first external […]
The new board aims to expand to international markets Fuat Tosyalı has been appointed as the new chairman of Turkey’s EV manufacturer, Togg. Tosyalı, who also leads the Turkish conglomerate Tosyalı Holding. Tosyalı takes over from Rifat Hisarcıklıoğlu, who had held the position since 2018, […]
Domestic quantum computing shouldn’t be overlooked in the days protectionism Developing domestic quantum computing technology is crucial for Türkiye and should not be overlooked, especially as protectionist barriers rise globally, said Abdurrahman Keklik, head of Istanbul-based tech company ComPro. During Teknofest, Türkiye’s leading tech event […]
EU exported €5 billion of high-tech to Turkey, led with aerospace category The EU’s high-tech imports reached €478 billion ($527.1 billion), marking a slight 1% decrease from 2022, according to data released by Eurostat. China and the US together made up more than half of […]
This week’s stories come from Europe and the USA, two on startups one on AI 1–Atomico raised the largest fund for European startups Atomico, one of Europe’s leading VC firms, raised $1.24 billion to back startups in Europe This has been the largest its largest […]
This week’s stories come from Europe, two of them on sustainability and one on startups 1-Europe owns global 30 VC cities among 104 ones PitchBook, a financial data company, announced top global venture capital (VC) cities. The list covers 104 cities, with 30 of them […]
Importance of grid capacity and battery storage to sustain the industry’s growth The solar industry is poised to expand by nearly a third in 2024, exceeding predictions by adding 593 gigawatts of new capacity, with China leading the way, according to a report by Ember, […]
The program offers three-year work permit and various incentives Turkey introduced a new visa scheme designed to ease the process of obtaining work permits for foreign professionals and entrepreneurs with specialized skills, aiming to draw in high-value tech startups. Being launched last week, The Türkiye […]
Riverwood Capital leads investment in Picus, reaching a total investment of $80m Picus Security, the security validation company, announced it raised a $45 million growth investment round led by Riverwood Capital with the participation of existing investor Early Bird Digital East Fund . The new […]
This week’s three stories come from Europe and Saudi Arabia 1-Amazon’s $10B UK investment to build cloud and AI infrastructure Amazon Web Services (AWS), Amazon’s cloud business, announced to invest £8 billion ($10.45 billion) over the next five years to establish and operate data centers […]
This week’s stories cover two semiconductor and one sustainability issues 1-Qualcomm in search of acquiring Intel’s chip-design arm Qualcomm looks to acquire portions of Intel’s design arm to boost the company’s product portfolio, according to two sources familiar with the matter. I saw this scoop […]
