A group of academics in the US has launched an open source language for chip design based around Python and optimised for machine learning techniques. The group at the University of California (UCLA) in the US is launching PyGears as a new hardware description language. This is based on the…

A university spinout report shows which UK universities top the rankings for turning innovation into commercial success. The study by Intellectual property service and R&D tax credit specialists GovGrant analysed data for companies founded between 1998 and 2018. The most successful electronics startup on the list is fuel cell developer Ceres Power, a spinout…

SiFive has raised $175 million, valuing the leading RISC-V company as a ‘double unicorn’ of over $2.5 billion. The Series F round was led by Coatue Management, a global technology investment firm that invests in companies at all stages – from venture to growth through public markets.

Intel has confirmed it is to build two leading edge fabs in Madgeburg, Germany as part of an €80bn ($88bn) investment in the region alongside packaging plants and design centres in Italy, Poland, France and Spain. It is also investing €12bn to expand its fab in Ireland to support the…