Sycamine says Japan committed $21 billion to two GlobalFoundries fabs
Japan has committed $21 billion to two GlobalFoundries chip plants in Malta, New York, under an agreement lasting at least 20 years, investment firm Sycamine Capital Management said in a press release. A vehicle co-owned by the US...
Tech Mahindra buys Finastra cash management products and intellectual property
Tech Mahindra has acquired three Finastra cash management products and their intellectual property, expanding its banking software portfolio. The acquisition covers Fusion Cash Management, Fusion Virtual Accounts and Fusion Liquid...
Lumina simulation combines galaxy formation and radiation across larger cosmic volume
Researchers at MIT, Harvard and other institutions have presented Lumina, a simulation that tracks galaxy formation and radiation across 2 billion years of early cosmic evolution. MIT says it captures both hydrogen and helium re-i...
ALTO recipe narrows four-bit model training gap in simulated tests
Researchers report in a preprint that ALTO, an open-source training recipe for the 20-billion-parameter GPT-OSS-20B model, reduced the extra training steps needed with four-bit arithmetic. On the MLPerf Small MoE Training benchmar...
Fintel buys Mortgage Brain for £38.4m, expanding mortgage software business
Fintel has acquired Mortgage Brain Holdings for £38.4m, expanding from the 5.8% stake it bought in March 2024, Introducer Today reported. The financial services provider said the acquisition strengthens its Software & Data divisio...
Dream Labs announces $90M seed funding and public robot-control API
Dream Labs announced $90M in seed funding and opened a public API for Dream-1, a model for controlling robots with two arms and parallel grippers. The company says the model can perform tasks on previously unseen robots without de...

