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A U.S. dollar sign amid statistical metrics indicating growth.

Public cloud service revenue jumps 19%, with Microsoft leading overall: IDC

Worldwide public cloud sales reached $315.5 billion in the first half of 2023, due partly to AI adoption, and is expected to surpass $1 trillion annually in only a few more years.

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Microsoft sets precedent, partnering with union to develop AI policy

In a first-of-its-kind move, Microsoft has partnered with the largest union group in the US to educate workers and ensure the inclusion of their viewpoint in the policy development.

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First CHIPS Act grant nets $35 million for BAE

The initial allocation from the 2022 CHIPS Act, aimed at boosting US semiconductor manufacturing, will modernize a New Hampshire facility that makes key chips for military aircraft.

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Why billions of CHIPS Act dollars have not been distributed

The Department of Commerce said it is still in complex negotiations with chip manufacturers to ensure the federal funding is wisely spent on providing a base for new fabs and research facilities.

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Windows 12 and the coming AI chip war

A Windows release planned for next year may be the catalyst for a new wave of desktop chips with AI processing capabilities.

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Taiwan’s ‘silicon shield’ is cracking as US-China chip war rages

Taiwan Semiconductor (TSMC) is known as Taiwan’s guardian angel. But this won't always be the case with China forced to catch up, given the US chip curbs.

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Concerns mount as US political standoff threatens chip manufacturing momentum

A provision that would have allowed projects funded by the 2022 CHIPS Act to skip federal environmental checks was removed from key defense legislation due to opposition from Republican lawmakers, according to a report.

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Dutch chip equipment maker ASM to invest $324M in new Arizona headquarters

ASM is expanding operations in the state with a 20-acre Scottsdale campus that will allow the company to collaborate more closely with top customers like Intel.

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Spanish media's $600M suit against Meta is based on GDPR noncompliance

An association representing 83 Spanish media outlets accuses the company of having a competitive advantage based on violations of EU data-protection regulations and could set a precedent for future cases.

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AI Alliance, led by IBM and Meta, to promote open standards and take on AWS, Microsoft, and Nvidia

Reminiscent of the recurring battle between open source and proprietary ecosystems, the AI Alliance includes about 50 members and is expected to help IBM, Meta and AMD challenge the largest players in generative AI.

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Japan partners with Nvidia to boost GPU stock pile

Nvidia’s CEO is promising more support for Japan as all the nations in the world want more GPUs – and the US wants to dictate whom they are sold to.

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Twilio sheds jobs in third round of layoffs

Cloud communications company Twilio is making cuts mainly in its data and contact center software sales team.

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OpenAI signed $51M deal to buy ‘brain’ chips from Sam Altman portfolio firm

OpenAI's deal with Rain Neuromorphics, which makes NPU chips that emulate the human brain, reflects a possible conflict of interest because of Altman's $1 million investment in the startup.

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Smartphone shipments are on the rise, buoyed by 5G, iOS devices: IDC

Fourth quarter smartphone shipments did better than expected, with the recovery forecast to continue in 2024, IDC says.

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Here's what AWS revealed about its generative AI strategy at re:Invent 2023

AWS CEO Adam Selipsky and other top executives at the company’s annual re:Invent conference revealed updates and new products aimed at challenging offerings from Microsoft, Oracle, Google, and IBM.

UK says Adobe's $20B deal for Figma would hurt graphic design market

The UK's Competition and Markets Authority (CMA) has objected to Adobe's acquisition of graphic design company Figma, adding to the EU and US concerns about the deal.

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EU Commission to Amazon: iRobot purchase could leave competitors in the dust

Regulators have expressed formal objections to the proposed $1.7-billion buyout of the robotic vacuum maker over concerns it will limit competition.

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Updated

Google US antitrust trial: A timeline

The biggest antitrust trial of the century has kicked off, targeting Google's search business, and a second trial against the tech giant, focusing on advertising, is scheduled for next year. Here's an updated, play-by-play account of...

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