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...
Ember agrees to buy subsea technology supplier Ashtead for approximately £505 million
Ember Infrastructure Management has agreed to acquire Ashtead Technology in a proposed cash transaction valuing the subsea technology supplier at approximately £505 million. Shareholders would receive 615 pence per share, and Asht...

