ConnX pushes MaestroIQ onto Intel edge chips as industrial AI moves closer to machines
ConnX is pairing MaestroIQ with Intel Core Ultra Series 3 processors to process operational data closer to vehicles, factories and infrastructure, with joint proof-of-value demonstrations expected within 90 days.
Can Tencent rent 100,000 AI chips abroad while US controls block China sales?
Tencent has reportedly secured five years of access to about 100,000 advanced AI chips through Oracle data centres in Southeast Asia for roughly $7 billion, shifting the US-China semiconductor contest from physical chip shipments toward the more complicated question of who can remotely use advanced computing installed outside China.
Intesa raises MPS offer as October 29 vote becomes a €34bn banking showdown
Intesa Sanpaolo has added about €800 million of cash to its Monte dei Paschi offer while warning that MPS’s rival Banco BPM and Banca Generali strategy could kill the deal, turning an October 29 shareholder vote into a decision over two radically different visions for Italian banking.
XtalPi’s industrial AI reaches Fangda Carbon factory floor as graphite costs stay volatile
XtalPi and Fangda Carbon have moved a predictive raw-material model into live graphite electrode production, giving the Hong Kong-listed AI company a tangible industrial test of whether its AI for Science platform can reduce physical trial work and improve manufacturing economics.
Southwire commits $256m to Starkville cable plant as 380,000sft buildout moves ahead
Southwire has broken ground on a major expansion of its Starkville, Mississippi operations, adding roughly 380,000 square feet as part of a companywide manufacturing modernization program exceeding $2 billion.
TXO acquires Wesbell Communications to deepen North American telecom infrastructure reach
TXO has acquired Canada-based Wesbell Communications for an undisclosed sum, adding engineering, managed services, asset recovery and processing capacity as the TowerBrook-backed group accelerates consolidation across telecom infrastructure lifecycle services.
Japan protests after US Marine arrested in Okinawa on suspicion of robbery and murder
Japan has lodged a strong protest after Okinawa police arrested a US Marine on suspicion of robbing and killing a 39-year-old woman in Naha.
FedEx completes $1.4bn Supply Chain sale as CMA CGM triples CEVA US footprint
FedEx has completed another major portfolio simplification only four months after separating FedEx Freight, while retaining commercial links with CMA CGM across ocean and air cargo.
Friedrich Merz arrives in Kyiv with €1bn military aid and German-Ukraine drone deal
Friedrich Merz has arrived in Kyiv as Germany prepares €1 billion in military support, €350 million for energy repairs and deeper joint drone production.
onsemi rewrites Synaptics deal to $5.7bn cash bid after rival proposal
The amended agreement removes stock consideration, gives Synaptics investors $123 per share and adds committed debt financing while preserving a mid-2027 closing target.