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Volvo Cars to cut 3,000 jobs globally in major restructuring Swedish carmaker Volvo Cars will reduce its global workforce by approximately 3,000 positions, including consultants, as part of a sweeping cost-cutting programme aimed at securing long-term profitability amid growing pressures on the automotive sector Top 5
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News
Google to invest €13 billion in Finnish AI infrastructure
4+ day, 10+ hour ago (258+ words) Evertiq The investment covers data centres and supporting infrastructure across four locations â Hamina, Kajaani, Muhos and Vaala â alongside clean energy initiatives, grid resilience projects and local community programmes.Google has been present in Finland since 2009, when it acquired…...
Universal Robots owner sues Chinese cobot maker JAKA for patent inf...
6+ day, 6+ hour ago (267+ words) Universal Robots owner sues Chinese cobot maker JAKA for patent infringement in Europe Evertiq The lawsuit was filed on August 27 and concerns patents held by Teradyne Robotics relating to Universal Robots' collaborative robot technology The alleged infringement involves a range…...
PCB Technologies wins $65 million tender from existing customer
6+ day, 8+ hour ago (130+ words) Evertiq PCB Technologies has announced that it has been awarded a tender for the supply of electronic packaging products in 2027-2028 to a global company in the medical industry The global company is an existing customer of PCB Technologies, according to…...
DRAM industry revenue surges 59.5% in Q2 as supply lags demand
6+ day, 11+ hour ago (232+ words) Growing demand for AI servers – fuelled by LLM training, AI inference and the expansion of agentic AI applications – drove higher shipments of HBM3e, LPDDR5X and high-capacity RDIMMs. On the supply side, additional capacity has been primarily allocated for server use, meaning DRAM…...
CesiumAstro acquires mission software specialist 1Aardvark
6+ day, 14+ hour ago (255+ words) Evertiq CesiumAstro, a company headquartered in Austin, Texas, has announced the acquisition of 1Aardvark, a Virginia-based business specializing in mission software, algorithms and systems engineering for national defense programs.By combining 1Aardvarkâs mission software expertise with CesiumAstroâs satellites, communications systems,…...
AMD Instinct AI infrastructure goes live in Saudi Arabia through HU...
1+ week, 4+ day ago (190+ words) AMD Instinct AI infrastructure goes live in Saudi Arabia through HUMAIN joint venture Evertiq The production deployment combines AMD Instinct MI355X GPUs and EPYC CPUs with Cisco's Silicon One-based AI networking, including the Cisco N9000 Series platform built on Cisco 800G optics. The…...
Nvidia and MediaTek deepen partnership across AI infrastructure, PC...
1+ week, 5+ day ago (250+ words) Nvidia and MediaTek deepen partnership across AI infrastructure, PCs and automotive Evertiq The centrepiece of the expanded partnership is MediaTek's adoption of Nvidia's NVLink Fusion platform, which provides hyperscalers, cloud service providers and frontier model developers with a prevalidated path…...
No AI without security
1+ week, 5+ day ago (427+ words) Author: Manne Kreuzer, Technical Writer at TQ-Group AI models are only as good as the data they are trained and operated on. This creates a fundamental challenge in medical technology: High-quality data is required for powerful applications such as automated…...
IBM completes acquisition of HRL to advance quantum ecosystem
1+ week, 6+ day ago (226+ words) Evertiq IBM has announced it has completed its acquisition of HRL Laboratories, LLC (HRL), a California-based research and development institution whose expertise spans quantum computing, quantum sensing, advanced communications, electronics, manufacturing and materials science.HRLâs expertise in silicon-spin qubits…...
Kitron raises full-year 2026 outlook on strong demand
2+ week, 5+ day ago (134+ words) Evertiq Kitron raises full-year 2026 outlook on strong demand Norwegian EMS provider Kitron has revised its full-year 2026 revenue outlook upward to EUR 1,050–1,150 million, from a previous range of EUR 900–1,050 million. Operating profit guidance is revised to EUR 97–112 million, from EUR 84–108 million....