Stephen Nellis
Stories by Stephen Nellis
Quantum computing startup PsiQuantum raising at least $750m: report
BlackRock is leading the fundraising effort.
SoftBank to buy chipmaker Ampere Computing in $6.5b deal
Ampere Computing is a silicon design company.
Intel’s Malaysia-born new CEO has a history as a successful underdog
Singapore-born Lip-Bu Tan founded VC firm Walden International in 1987.
AI chip startup Groq secures $1.5b commitment from Saudi Arabia
Groq will expand its existing data centre in Dammam.
Chinese state-linked accounts hyped DeepSeek AI launch ahead of US stock rout
The accounts promoted the idea that DeepSeek challenged U.S. dominance in the AI sector.
Nuclear fusion startup Helion raises $425m from Vision Fund 2 at $5.4b valuation
Lightspeed Venture Partners also participated in the round.
Apple announces record $110b buyback as results beat low expectations
The buyback is the largest in the company's history.
OpenAI said to have evaluated a potential acquisition target to make its own AI chips
Sam Altman has made the acquisition of more AI chips a top priority.
Apple inks new long-term deal with Arm for chip technology
Arm unveiled pricing on Tuesday for what it hopes will be a $52 billion IPO.
SoftBank-backed Arm’s China relationship complicates IPO
Arm China has posed ongoing challenges for SoftBank despite its strong early growth.
