AIHardware

Meta and Arm Forge Multi-Year Alliance to Advance AI Infrastructure Efficiency

Meta and Arm have entered a strategic partnership to enhance AI infrastructure using Arm’s Neoverse CPUs. The collaboration focuses on improving energy efficiency and scaling AI-driven services for billions of users.

Strategic Partnership for AI Scaling

Meta has reportedly entered into a multi-year agreement with Arm to leverage the chip designer’s Neoverse platform for scaling its artificial intelligence systems. According to reports, this collaboration will enable Meta to enhance its AI-based search ranking and recommendation mechanisms while optimizing its existing software stack infrastructure.

BusinessInfrastructure

Growthpoint Properties Invests in Cape Winelands Airport Development Project

Growthpoint Properties has become the investment, development and managing partner for the Cape Winelands Airport project. The R8-billion development is scheduled to begin construction early next year pending environmental approvals, with full commissioning targeted for 2028.

Major Property Investment in Aviation Infrastructure

Growthpoint Properties has made a significant initial investment in the Cape Winelands Airport development project, according to reports from both companies. The JSE-listed property group will serve as investment, development and managing partner for the ambitious aviation precinct development located northeast of Cape Town.

BusinessStartups

EA Union Workers Protest $55 Billion Saudi-Backed Acquisition Over Job Security Concerns

Electronic Arts union members have issued a strongly-worded statement against the proposed $55 billion acquisition by Saudi-backed investors. Workers claim they were excluded from negotiations despite driving the company’s success and fear job losses to “pad investors’ pockets.”

Unionized EA Workers Voice Strong Opposition to Acquisition Deal

Employees at Electronic Arts who are part of the Communications Workers of America union have issued a strongly-worded statement opposing the proposed $55 billion acquisition of the company by Saudi-backed investors, according to reports. The primary complaint centers around workers not being represented in negotiations for the massive deal, sources indicate.