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OLIX, a UK-based semiconductor and AI chip startup founded in 2024, has secured $312m in a Series B funding round, at a valuation of $3.3bn.

Quantum computing firm IonQ has completed the previously announced acquisition of US-based semiconductor foundry SkyWater Technology.

Nscale has agreed to acquire Anyscale, a US-based company, as part of efforts to bolster its full stack AI cloud platform.

The EC has announced plans to support the development of up to seven AI gigafactories across the EU, backed by public funding of 10bn.

Permiso detects and mitigates threats targeting human, non-human, and agentic identities across a range of multi-cloud environments.

Eliyan, a US-based semiconductor startup, has closed a $145m Series C funding round, bringing its valuation to $1bn.

GlobalFoundries has signed a LOI with the US DOC for an expected award of $300m aimed at accelerating R&D in silicon photonics.

Meta Platforms reported a net income of $15.85bn for the second quarter ended 30 June 2026 (Q2 2026), down 14% from $18.34bn a year earlier.

Flow Traders has appointed CoreWeave as its primary cloud platform provider to support AI model training for quantitative trading.

AT&T has completed its previously announced acquisition of certain wireless spectrum licences from EchoStar for approximately $23bn.