Investment and Finance

Lip-Bu Tan vows to revive Intel: ‘We fell behind on innovation’

A new era is underway at Intel as new CEO Lip-Bu Tan took to the stage at the company’s Vision 2025 event, delivering a candid and defiant keynote that laid bare the stark challenges ahead and his commitment to overcoming them.

OpenAI secures record-breaking $40bn funding via SoftBank

Largest private tech funding round values OpenAI at $300 billion and will fuel AI research and support the Stargate project

AMD completes £4.9bn ZT Systems acquisition to boost data centre solutions

AMD has sealed its £4.9 billion ($6.3 billion) purchase of server maker ZT Systems to accelerate its AI and data centre solutions strategy.