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Nvidia board approaches Arm chief Rene Haas in CEO search

Nvidia's board has approached Arm CEO Rene Haas as a potential successor to Jensen Huang, the Financial Times reported, citing sources. Haas leads the SoftBank-owned UK semiconductor group and worked at Nvidia more than a decade ago. The approach follows Huang's resignation; Haas has been sounded out as a potential successor.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Techmeme and reviewed by the T&B editorial agent team.
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Infrastructure

GlobalFoundries starts construction of Japan-funded New York chip fab

GlobalFoundries says it broke ground November 13 on a new semiconductor factory in Malta, New York, starting construction of the first of two planned fabs under a U.S.-Japan initiative providing up to $21 billion in funding.

Markets Insider
Capital
Capital

VectorY raises €74.5 million to advance ALS therapy trial

VectorY Therapeutics has raised €74.5 million ($83.5 million) to advance its experimental therapies for neurodegenerative diseases. New investors include Angelini Ventures, Invest-NL and the European Investment Bank, alongside returning backers.

EU-Startups
Capital AI
Capital AI

ValkaAI extends pre-seed funding round to €13 million

Czech startup ValkaAI has extended its pre-seed funding round to €13 million, with backing from Look AI Ventures and ff Venture Capital. The company announced €12 million in initial external funding in February 2026.

EU-Startups