Morgan Stanley: UK companies reported that AI led to 8% net job losses over the past year, above Japan's 7% and Germany's 4%; AI led to a 2% US net job gain
The UK is losing more jobs than it's creating because of artificial intelligence — and at a faster rate than its international peers.
Intel cancelled planned fab projects in Germany and Poland, and will consolidate its testing and assembly operations in Vietnam and Malaysia
Intel reported second-quarter results on Thursday that beat Wall Street expectations on revenue, as the company's new CEO Lip-Bu Tan announced significant cuts in chip factory construction.
Analysis: European AI startups raised ~$8B in 2024, with 70% going to seed, Series A, and Series B rounds, led by UK startups, followed by France and Germany
In just a few days, France will host the Artificial Intelligence Action Summit, with heads of state flocking to Paris to meet global tech leaders.
As chipmakers move into or expand in the region around Germany's Dresden, skeptics say more government subsidies, skilled workers, and end customers are needed
Cheng Ting-Fang / Nikkei Asia :
As chipmakers move into or expand in the region around Germany's Dresden, skeptics say more government subsidies, skilled workers, and end customers are needed
Skeptics say more government subsidies, skilled workers and end customers are needed — DRESDEN, Germany/TAIPEI … LinkedIn: Jonas Sundqvist LinkedIn: Jonas Sundqvist : Here is a nice story of Nikkei ...
Germany plans to spend billions to subsidize its chip industry and secure the “oil of the 21st century”, as some believe the move does not make economic sense
Guy Chazan / Financial Times :
Bosch opens a €1B chip plant in Germany to start making chips for power tools in July and automotive chips in Sep., as the auto industry battles a chip shortage
Douglas Busvine / Reuters :
Report: global sales of robots reached 422K units worth $16.5B in 2018; 74% of global robotics installations were in China, Japan, South Korea, US, and Germany
The International Federation of Robotics (IFR) today released its annual World Robotics Report, which showed an annual global sales value of $16.5 billion in 2018.
Top500: China has 219 of the world's fastest supercomputers, with the US still lagging behind at 116; Lenovo edged out IBM and Cray as the top vendor
To kick off the festivities at the International Supercomputing Conference (ISC) in Frankfurt, Germany this morning, the Top500 …
Sources: Tencent to launch its most successful mobile game, Honour of Kings, in US, France, Italy, Spain, and Germany
Lulu Yilun Chen / Bloomberg :