Wednesday, November 6, 2024

Tessolve to buy German chip designer for Rs 400 crore

This acquisition aims to position Tessolve as a leading design firm capable of delivering advanced turnkey solutions, particularly in System on Chip (SoC) designs for AI, automotive, and data center markets. The move will also strengthen Tessolve’s European presence with new facilities in Germany and the Netherlands.

from Tech-Economic Times https://ift.tt/X2mG4Zc

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Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows

The dollar-denominated notes are split into 3-1/2-year, 5-1/2-year and 7-1/2-year tenors, while the euro-denominated bonds are split into 4-...