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Pentagon offers Wolfspeed a $1.5bn loan for a stake of up to 7.5%
The US Department of War has offered chipmaker Wolfspeed a conditional loan of up to $1.5bn over 30 years. In return, Wolfspeed would give the department warrants to buy up to 7.5% of the company. Wolfspeed filed for bankruptcy protection in June 2025. The department’s Office of
Nvidia-backed Upscale AI launches platform to link chips from rival makers
Upscale AI, a Santa Clara networking startup backed by Nvidia, launched a platform on Thursday that lets data centres link AI chips made by different suppliers, Reuters reported. The product, called Token Fabric, was revealed in a company announcement today. Upscale said it is built on open standards and works
NHS South East rolls out skin cancer AI that can discharge patients alone
NHS England’s South East region is rolling out an AI that can discharge patients with harmless skin lesions without a dermatologist seeing them. DERM, made by London-based Skin Analytics, goes live in all 18 NHS trusts there from this autumn. It will cover another 9 million people. Skin Analytics
DARPA moves Atom Computing, IBM, IonQ and Diraq to final quantum test stage
DARPA has moved Atom Computing, Diraq, IBM and IonQ into the final stage of its Quantum Benchmarking Initiative. The US defence research agency runs the programme to test whether anyone can build a useful quantum computer by 2033. DARPA announced the four teams on Wednesday. Each one uses a different