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 […]

One AI, one startup and one sustainability subjects make up this week’s stories 1-Ex-OpenAI co-founder Sutskever’s new startup, SSI, raised $1 billion Safe Superintelligence (SSI), recently co-founded by OpenAI’s former chief scientist Ilya Sutskever, raised $1 billion, according to Reuters.  Here’s what we know so […]

AI, data center and sustainability are this week’s stories 1-Apple, Nvidia and Microsoft plan to invest in ChatGPT maker’s OpenAI Apple, Nvidia and Microsoft are all in talks to join OpenAI’s funding round that would value the ChatGPT maker at more than $100 billion, according toThe […]

Refabric completed pre-seed round investment Refabric, an AI-powered software company in the fashion and textile industry, completed its pre-seed investment round.Having co-founded by Seda Domaniç, Begüm Doğru Öztekin, Safiye Dinçtürk Turgut, Hakan Baş, Mustafa Alpay and Alemşah Öztürk, The Delaware-based company raised $1.16 million at […]

 Turkish startup involved in Saudi Arabia’s futuristic project, Neom Evreka, a Turkish sustainability startup specializing in waste and material management technology, expands its presence in the Gulf countries by participating in significant projects in Saudi Arabia. Continuing its efforts to establish the smart waste management […]

Two stories come from Europe and one story from the US 1- Margrethe Vestager, Big Tech’s European nemesis, steps down Margrethe Vestager, the European Union’s commissioner for competition, won’t be nominated for a third term and will be stepping down this year. I saw this […]

Out of 600 entries, 16 books made the longlist Financial Times announced the longlist Business Book of the Year 2024. In collaboration with Schroders, an investment consultancy, the longlist covers 16 books, falling into four categories, namely; technology, economics, biography and organizations. Being held since […]

AI-capable PC sales, Norway’s wealth fund and sustainability in traffic are this week’s top stories 1-14% of PCs shipped are AI-capable Microsoft calls it Copilot + PC, while Intel says AI PC. Here is the thing:  14% of PCs shipped globally in Q2 2024 are […]