Global investment in the infrastructure needed to support artificial intelligence could reach US$31.6 trillion between 2026 and 2050, according to new analysis from PwC. Its Global Data Centre Outlook forecasts that annual capital spending on data centres will rise from around $800 billion in 2026 to $1.8 trillion by 2050. Growing demand for chips and communications technology Much of this investment will be directed towards the technology inside data centres. PwC expects chips and other...

UK businesses can apply for a share of up to £12 million to support collaborative research into advanced materials and help move new technologies towards commercial use. The funding is available through the first collaborative research and development competition under Innovate UK’s National Materials Innovation Programme. Four advanced materials research themes Projects must focus on at least one of four themes: Future healthcare solutions, including biomaterials, medical devices,...

Pragmatic Semiconductor has appointed Dr Paul James as Executive Vice President of Manufacturing and Operations. Dr James brings 25 years of semiconductor industry experience, covering fabrication operations, technology transfers, industrialisation and business transformation. He most recently served as Managing Director of Vishay Newport Limited, formerly Nexperia, where he led its transition from an integrated device manufacturer to an independent foundry. In his new role, Dr James will...