Big names in AI funding. Apple, Nvidia reportedly in talks to join a funding round in ChatGPT maker OpenAI
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Government Shelves £1.3 Billion UK Tech, AI Plan
Labour government shelves £1.3bn of funding promised by the Conservatives for tech and artificial intelligence projects
Elon Musk To Discuss $5 Billion xAI Investment With Tesla Board
Conflict of interest? Elon Musk to talk with Tesla board about making $5 billion Tesla investment in his other venture, xAI
Alphabet To Invest $5 Billion In Waymo Self-Driving Unit
Senior management at Alphabet confirm substantial additional investment in the Waymo self-driving division
Saudi Fund Invests In China’s Biggest AI Start-Up
Saudi Arabian investment fund Prosperity7 reportedly contributes to funding round for China's Zhipu AI as US tries to keep allies away
Elon Musk’s xAI In $6bn Funding Round Valuing It At $24bn
Elon Musk artificial intelligence start-up xAI concludes $6bn funding round valuing it at $24bn in coming weeks amidst heavy competition
Amazon Pumps Another $2.75 Billion Into Anthropic
Amazon completes its $4bn investment into AI firm Anthropic, after providing an additional $2.75bn in funding
Intel To Spend $100bn In US, After Biden’s $20bn Award
Big investment planned for US, after Intel wins nearly $20 billion in loans and funding from Biden Administration
UK Joins EU’s Chip Research Program
UK joins European Union's chip funding research scheme, pledging £35 million for EU's 'Chips Joint Undertaking'
Elon Musk Will Not Fund Candidates After Meeting Donald Trump
SpaceX CEO Elon Musk says he will not fund Joe Biden or Donald Trump in US Presidential election, after Trump meeting
Microsoft Investment In Mistral AI Prompts EU Scrutiny Calls
European lawmakers call for investigation after Microsoft this week made small investment in French startup Mistral AI
OpenAI’s Sam Altman Seeks Trillions To Overhaul Chip Industry – Report
Sam Altman reportedly seeking between $5 and $7 trillion to overhaul semiconductor industry to remove AI chip limitations
Disney To Take $1.5 Billion Equity Stake In Epic Games
Disney to collaborate with Epic Games on new content, and will sink a $1.5bn investment into the gaming giant
UK Government To Fund Two Semiconductor Research Hubs
Government to fund semiconductor research hubs in Bristol and Southampton, to help bring new chip tech to market
Biden Admin To Award $162m To Microchip Tech For US Chip Production
US Commerce Dept to provide $162 million to Microchip Technology to increase chip production in Colorado and Oregon
US Awards $35m To BAE Systems In First Chips Act Grant
BAE Systems US subsidiary to receive $35m in first Chips and Science Act award as Raimondo predicts multi-billion-dollar projects next year
Chinese AI Start-Up Achieves $1bn Valuation In Eight Months
Beijing-based AI start-up 01.AI, founded by computer scientist Kai-Fu Lee, valued at more than $1bn less than eight months after founding
China To Launch $40 Billion State Chip Fund – Report
Sanctions response. New state-backed investment fund is to be launched that seeks to raise $40 billion for China's semiconductor sector
UK Launches £1 Billion FinTech Fund
FinTech Growth Fund, backed by Mastercard, Barclays and the London Stock Exchange, aims to fund financial technology companies before listing
Nvidia In Talks To Be Anchor Investor In ARM – Report
GPU powerhouse reportedly in talks with British chip designer ARM, ahead of its September floatation in New York
Government Sets Aside £150 Million For Full 5G Connectivity By 2030
Government investment to expand 5G coverage in UK, as Digital Poverty Alliance says connectivity is a necessity for everyone
Virgin Orbit Nears Deal For Emergency Funding, After UK Launch Failure
Days after Virgin Orbit halted operations and furloughed staff, comes a report it is close to securing emergency funding
Budget 2023: Chancellor Pledges £2.5 Billion For Quantum Computing
With UK predicted to avoid recession, spring budget by Chancellor Jeremy Hunt announces funding injections into tech sector
Intel Seeks $5 Billion More In Subsidies For German Chip Plant – Report
Chip giant Intel is reportedly seeking an additional 5 billion euros in subsidies from the German government
Intel Now Seeks $10 Billion State Aid For German Factory – Report
Chip giant Intel reportedly increases the funding requirement from German government for planned Magdeburg chip factory
EU Countries Agree 45bn Euro Chip Production Plan
European chip production subsidies. Agreement from EU countries to a 45-billion-euro ($46.6 billion) fund to encourage local chip production
Britishvolt Secures Funding For Five Weeks
Staff at battery start-up Britishvolt in Northumberland take a pay cut, after it secures five-week funding lifeline
Meta Raises $10 Billion In Bond Offering
First ever bond offering sees Facebook parent Meta Platforms raise $10 billion, as it seeks to bolster finances, amid heavy Metaverse spending
Most Cyber Attacks Are Preventable, Says Tanium
Majority of board of directors will only approve new cybersecurity funding after a cyber attack has taken place, Tanium research discovers
Musk Secures $46.5 Billion Funding For Twitter Takeover
World's wealthiest man Elon Musk puts up $33.5 billion of his own money, as he readies for boardroom battle over his Twitter bid