Possible Intel, GlobalFoundaries Merger Would Tie Together Two Quantum-Curious Companies

Recent reports suggest that Intel Corp. is planning to acquire GlobalFoundaries for $30 billion. The move would not just tie together two world leaders in classical computing, but combine two organizations that are increasingly looking to stake claims in the quantum world. Several outlets are reporting on the potential deal. The Wall Street Journal reported last week that Intel is in initial talks to buy GlobalFoundries Inc. The WSJ indicates that the deal is preliminary and that officials from GlobalFoundries, which is owned by Mubadala Investment Co., an investment arm […]Read More

GEMS Secures 50M Investment Commitment From GEM

PRESS RELEASE — HONG KONG, May 23, 2022 /PRNewswire/ — GEMS is honoured to announce its new $50 million Investment Commitment from GEM Digital Limited (‘GEM Group’), a digital