UK chip designer Arm valued at $50B ahead of today’s IPO

Sep14
by on September 14, 2023 at 9:39 am
Posted In: UK


And thus, after months of anticipation and speculation, the day of Arm’s IPO is upon us. The SoftBank-owned chip design company will begin trading in New York today, Thursday, with shares priced at $51 (€47.51) apiece. This gives Arm a valuation of $52.3bn (€48.7bn).  Japanese SoftBank intends to hold onto just above 90% of the company. Still, the heavily oversubscribed round is set to raise about $4.9bn for Arm’s owners. Big tech customers of Arm’s designs have shown a massive interest in buying shares, and the banks underwriting the listing closed orders on Tuesday, a day earlier than originally planned. …

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EU president: Europe is the ‘global pioneer’ of citizen’s digital rights

Sep13
by on September 13, 2023 at 2:12 pm
Posted In: Insider


Europeans have become “pioneers in online rights” and now want to lead a “global framework for AI,” the EU’s top official said today. Ursula von der Leyen, the European Commission’s president, revealed the bloc’s digital plans during her State of the Union address in Strasbourg. She used the speech to flaunt the achievements of her three-year reign. A particularly large spotlight was shone on her tech policies. “We have set the path for the digital transition and become global pioneers in online rights,” von der Leyen said. The former German defence minister praised the bloc’s work on semiconductor self-sufficiency, which centres on the Chips…

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Opinion: The iPhone’s pivot to USB-C is good for the planet, consumers — and me

Sep12
by on September 12, 2023 at 3:01 pm
Posted In: Uncategorized


New iPhones always arrive with upgrades, but this year’s crop will feature one improvement that Apple didn’t want to make. As a result of new EU rules, the US tech giant is set to ditch its Lightning charging cable for a USB-C wire. The entire range of iPhone 15s is expected to make the transition. Full details will be revealed at Apple’s Wonderlust event, which begins at 19:00 CEST today. The move will satisfy EU requirements to standardise mobile chargers. From 28 December 2024, every new phone sold in the bloc will have to use USB Type-C for wire charging. The…

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Cancer patient digital twins and AI tapped to turbocharge oncology

Sep11
by on September 11, 2023 at 1:59 pm
Posted In: Uncategorized


Dell and University of Limerick (UL) in Ireland have teamed up to advance cancer research using AI. Specifically, the tech giant will be working with UL’s Digital Cancer Research Centre to help doctors provide more efficient cancer care for patients suffering from B-cell lymphoma. This covers the entire spectrum of care, from speeding up diagnosis to improving treatment and long-term outcomes. To achieve this, Dell has developed an AI platform, powered by the company’s latest storage arrays and PowerEdge servers. The platform is now part of the Centre’s multicloud ecosystem, and is able to produce digital twins of patients. The…

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EU has ‘no chance’ of semiconductor independence — but neither does anyone else

Sep08
by on September 8, 2023 at 4:38 pm
Posted In: Uncategorized


Our world runs on semiconductors. The silicon slivers are the brains of our phones, computers, cars, data centres, and stock markets. They’re also the digital backbone of modern militaries.  Some of the first chips ever made were used in missile guidance systems. Today, they power countless military devices, from fighter jets and howitzers to radios and radar. In the Russia-Ukraine war, semiconductors enable HIMARS rocket launchers, Javelin anti-tank missiles, and the Starlink communications satellites. They’re also integral to the arms race underway in East Asia, where territorial disputes in the East and South China Seas risk spiralling into a major…

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