Connected newsletter: Nvidia hits $3tn valuation as Intel sells stake in Irish facility

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Connected Newsletter Connected newsletter: Nvidia hits $3tn valuation as Intel sells stake in Irish facility

Intel has agreed to sell a 49 per cent stake in its Fab 34 plant to Apollo Global Management for $11 billion. Want to understand why it has done this? Here’s my analysis. TikTok has been referred to Comisiún Na Meán after it approved targeted disinformation ads relating to the EU elections in Ireland which were planted by an international campaign group.

Alex Theuma, the co-founder and chief executive of SaaStock, which holds an annual tech event in Dublin, has announced the first close of a new $10 million fund for his new VC firm, Backfuture Ventures. The VC has already backed one Irish start-up and is aiming to invest in many more.

 

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