Amazon Web Services (AWS) is offering $110 million in free computing power to researchers to promote its custom AI chips. The programme provides credits for the use of AWS’s Trainium chips, which are designed to compete with Nvidia’s widely-used hardware, as well as Advanced Micro Devices and Alphabet’s cloud technology. Researchers from Carnegie Mellon University and the University of California, Berkeley, are already participating, with AWS planning to make 40,000 Trainium chips available.
AWS, the world’s leading cloud provider by sales, is facing intensified competition from Microsoft, especially as the demand for cutting-edge AI hardware grows. The company is taking a novel approach to lure AI developers by offering detailed documentation for Trainium’s instruction set architecture. This will allow researchers to program the chip directly, unlike Nvidia‘s chips, which usually require the use of proprietary Cuda software.
Gadi Hutt, head of business development for AI chips at AWS, said this strategy is aimed at customers with large-scale operations. Even minor programming adjustments could yield significant performance and cost advantages when using tens of thousands of chips. Hutt emphasised that companies investing hundreds of millions in computing infrastructure would welcome opportunities to improve efficiency and reduce expenses.
The US Commerce Department has pledged up to $18.2 million in funding to California-based Akash Systems to build a 40,000-square-foot cleanroom facility dedicated to advanced semiconductor manufacturing in West Oakland, California. This funding, part of the $52.7 billion semiconductor subsidy program, will be combined with Akash’s own investments and venture capital to create a $121 million production site for Diamond Cooling substrates and systems designed to enhance thermal management in AI-driven data centres.
Akash CEO Felix Ejeckam highlighted this investment as a significant step in meeting the challenges of high-performance computing. Last year, the company also established a landmark labor neutrality agreement for West Oakland semiconductor production workers in partnership with the IUE-CWA union, covering both construction and production roles.
The announcement comes as the Commerce Department works to finalise semiconductor grants under the 2022 Chips and Science Act, aimed at bolstering US-based chip production to reduce reliance on Asia. Thus far, around 20 companies have been awarded 36 billion in preliminary agreements, including a finalised $123 million deal with Polar Semiconductor to modernise its facility in Minnesota. Additional awards for major chipmakers, including Taiwan Semiconductor Manufacturing Co. and GlobalFoundries, are expected before the administration transition in January.
Elon Musk’s Starlink has received government approval to provide satellite internet in Chad, aiming to bridge the country’s significant connectivity gap. With only 12% of the population online as of 2022, the move is expected to bring internet access to remote regions lacking fiber-optic coverage. Communications Minister Boukar Michel confirmed the agreement, noting that better connectivity could spur public service digitalisation and tech start-up growth.
The satellite internet provider, a division of SpaceX, operates in several African nations, including Nigeria and Madagascar, though it has encountered regulatory hurdles elsewhere. In Chad, Starlink’s deployment is seen as a solution to the nation’s limited infrastructure. Elon Musk celebrated the expansion with an announcement on social media, declaring, ‘Starlink now available in Chad!’.
Despite its growing presence, Starlink has faced resistance from state-run telecom monopolies in some regions. In Cameroon, its equipment was seised earlier this year due to licensing issues. Meanwhile, local telecom operators in countries like Kenya are urging regulators to require partnerships between satellite services and national mobile providers.
VVDN Technologies has partnered with SecureThings.ai to enhance cybersecurity across various industry sectors, primarily focusing on the connected vehicle ecosystem. Through this collaboration, SecureThings.ai’s advanced cybersecurity solutions will be integrated into VVDN’s automotive products and services, including vehicle connectivity, in-vehicle infotainment systems, instrument clusters, advanced driver assistance systems (ADAS), and software-defined vehicle (SDV) solutions.
As a result, this partnership ensures that VVDN meets global cybersecurity standards, such as ISO 21434, while providing robust security for connected vehicles and IoT ecosystems. Specifically, key initiatives include intrusion detection and protection systems, real-time threat intelligence services, the establishment of a security research lab, and the provision of a red team as a service for independent cybersecurity assessments.
These efforts will help VVDN fortify connected devices, comply with evolving regulations like R 155/156 and AIS 189/190 in India, and offer comprehensive protection against cyber threats. Moreover, this partnership strengthens both companies’ positions in the cybersecurity market, with VVDN emphasising its commitment to delivering secure, reliable solutions globally.
Furthermore, SecureThings.ai’s expertise in cutting-edge security research and technologies will empower OEMs and tier-1 suppliers to combat emerging threats and adhere to stringent regulatory standards. The collaboration also leverages VVDN’s product engineering capabilities, thus driving innovation and setting new standards for cybersecurity in the automotive and IoT industries.
German optical tech firm Carl Zeiss AG has inaugurated its first global capability centre (GCC) in Bengaluru, India, and plans to double its local workforce to 5,000 over the next three years. The new centre will focus on cloud computing, cybersecurity, and network operations, alongside software development for Carl Zeiss’s medical tech division. This move highlights India’s transformation from an outsourcing destination to a strategic base supporting global operations.
Beyond the GCC, Zeiss is expanding its presence in Bengaluru with a new manufacturing plant slated to open in 2025. This facility, the company’s largest investment outside Germany, will be its fifth in India, contributing to its workforce growth. The India unit, also involved in R&D and sales, is projected to reach a revenue of 22 billion rupees for the year ending September 2025—a 19% increase.
India’s GCC sector is booming, with Karnataka’s government aiming to double GCCs in the state by 2029. Industry reports expect the Indian GCC market to reach up to $105 billion by 2030, reflecting the country’s increasing role in global business support.
Vietnam’s semiconductor industry is gaining momentum as foreign companies invest in chip testing and packaging facilities, shifting some production away from China. Amid trade tensions between the US and China, several global players, including South Korea’s Hana Micron and US-based Amkor Technology, are expanding operations in Vietnam to diversify their production bases. Hana Micron has committed over $930 million to boost its packaging capacity, while Amkor is investing $1.6 billion to establish its largest packaging plant, transferring some machinery from its Chinese facilities.
The rise in investment is set to increase Vietnam’s global share in chip assembling, testing, and packaging, with estimates suggesting a rise from 1% in 2022 to around 8-9% by 2032. Domestic companies are also stepping up. Vietnamese tech firm FPT plans to start a testing facility near Hanoi next year, investing up to $30 million, while Sovico Group is seeking partnerships for a chip plant in Danang.
Vietnam’s strategic push into the semiconductor sector has been encouraged by the US, viewing the country as a potential alternative to China for supply chains. The Biden administration’s support, especially as trade tensions grow, has bolstered Vietnam’s role in this industry. With domestic and foreign investments combined, Vietnam is poised to strengthen its position as a key player in the global semiconductor back-end market.
Looking forward, Vietnam is ambitiously aiming to develop its front-end chipmaking capabilities, planning to have its first foundry operational by 2030. Viettel, a state-owned firm, is set to lead this initiative, indicating Vietnam’s broader goal of advancing its semiconductor industry and reducing reliance on foreign production bases.
EU has committed €133 million ($142 million) to support pilot production facilities for photonic semiconductors in the Netherlands, according to the Dutch economy ministry. This initiative forms part of a larger €380 million fund under the EU’s Chips Joint Undertaking, a public-private partnership designed to bolster Europe’s semiconductor industry. Photonic semiconductors, which use light instead of electrons for calculations, promise enhanced speed and energy efficiency and are increasingly essential in fields like data centres and automotive technology.
Dutch economy minister Dirk Beljaarts emphasised photonics as a “technology of strategic importance” for Europe’s economic competitiveness. By building strong domestic capabilities in research, innovation, and supply chains, the EU aims to reduce dependence on global tech rivals. The move follows calls from European industry leaders for significant EU investment to keep pace with advancements in Asia and the US.
The Dutch pilot facilities, slated to begin construction in 2025, will involve Eindhoven and Twente universities alongside the TNO research institute, with co-investment from companies utilising the new infrastructure.
Taiwan Semiconductor Manufacturing Co. (TSMC) confirmed that its investment plans in the United States will continue unchanged, following the election of Donald Trump as the next US president. TSMC, a leading global chipmaker and supplier to tech giants like Apple and Nvidia, is investing $65 billion in new semiconductor factories in Arizona.
Despite Trump’s previous comments accusing Taiwan of harming the US semiconductor industry, TSMC has recently secured a $6.6 billion subsidy from the US Commerce Department to support advanced chip production in Phoenix. TSMC’s US unit, along with other firms like GlobalFoundries, is expected to receive additional support under the Biden administration’s Chips and Science Act.
TSMC shares have remained resilient, bolstered by strong demand for AI technology, with its American Depositary Receipts rising 4.1% on Thursday as Nvidia’s stock surged, helping drive investor confidence.
Cloud monitoring firm Datadog raised its annual revenue and profit forecasts on Thursday, driven by increasing demand for its AI-backed cybersecurity products. The New York-based company now expects full-year revenue of about $2.66 billion, up from its previous projection of $2.62 to $2.63 billion, with analysts having anticipated $2.63 billion. Datadog also raised its adjusted profit forecast to between $1.75 and $1.77 per share, surpassing earlier estimates of $1.62 to $1.66.
The company’s performance has been bolstered by the growing adoption of AI applications by its customers, who are increasingly deploying these tools in live production environments. As AI apps run in the cloud, Datadog stands to benefit from the ongoing migration to cloud services, which drives demand for its monitoring software. For the quarter ending September 30, Datadog reported revenue of $690 million, beating the expected $664.3 million, and posted an adjusted profit of 46 cents per share, exceeding analysts’ predictions of 40 cents.
Despite the strong results and optimistic growth outlook, Datadog’s stock saw some volatility, rising 4.1% before later paring its gains as investors reacted to high expectations for the company’s performance.
French AI startup LightOn launched an initial public offering (IPO) on the Euronext Growth market in Paris, with its debut trading expected later this month. The company, known for its large language model (LLM) software used by businesses and the French government, will be Europe’s first publicly listed generative AI startup, a significant milestone as France aims to position itself as a leader in AI within Europe.
LightOn’s co-CEOs Igor Carron and Laurent Daudet emphasised that the IPO provides a ‘unique opportunity’ for investors to support a growing French tech company with a track record of success both in France and internationally. Shares are priced at 10.35 euros, valuing the company at around 50 million euros, and LightOn aims to raise roughly 10.4 million euros through the capital increase. The subscription period will run until November 20, with shares expected to trade beginning 26 November.
This move aligns with France’s broader push to close the innovation gap with the US and the UK, with ambitions for 100 tech ‘unicorns’ by 2030. LightOn’s listing could signal an opening for more European AI firms to seek public funding, offering investors access to an evolving tech market in the region.
