Oracle’s massive $10 billion data center project in Michigan has hit a financing snag. Key backer Blue Owl Capital has pulled out, citing concerns over Oracle’s debt and AI spending. Blackstone is now in talks to potentially pick up the tab.
NHanced Semiconductors is expanding its advanced packaging capabilities with a new hybrid bonding system from Besi. The company claims it’s the only US-based foundry uniquely supporting mixed-material bonding with either copper or nickel. This move aims to boost throughput for 2.5D and 3D chip assem
Volkswagen has closed a plant in Germany for the first time in its 88-year history. The Dresden facility will reopen in mid-2026 as a research center for AI, robotics, and chip design. This comes as the automaker faces billions in losses from tariffs and intense competition.
A major blackout hit Spain and Portugal in April 2025, exposing grid instability as renewables grow. The solution might be Virtual Synchronous Machines, a tech that makes inverters act like traditional power plants to keep the grid stable.
ABB is acquiring UK-based electrical monitoring specialist IPEC. The deal aims to bring predictive maintenance tech for power infrastructure into ABB’s service portfolio for data centers.
Niron Magnetics claims it can make powerful magnets without China-controlled rare earths. Its first test? Speakers in 2026. The stakes for tech and defense are huge.
Teradyne Robotics is building a major new U.S. operations center in Michigan. The $32 million facility will manufacture Universal Robots cobots and is a direct play to be closer to American manufacturing customers.
Global RAM prices are surging, driven by data center demand, and it’s hitting Nintendo’s next console hard. The Switch 2’s 12 GB RAM saw a 41% price jump in just Q4, with NAND flash up another 8%. This could force Nintendo to sell the hardware at or near a loss in some markets.
As the HVAC industry phases out old refrigerants for climate-friendly but flammable alternatives like R-32, safety is paramount. Carlo Gavazzi’s new DPA01, DPA51, and DPA52 relays offer a certified, spark-free monitoring solution to meet strict new standards.
Lucid Group’s interim CEO, Marc Winterhoff, told Bloomberg that demand for electric vehicles is definitely slowing in the US and Europe. The company’s second model, the Gravity SUV, will start European deliveries in the first quarter of 2026.
