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Huawei Technologies aims to launch the world's most powerful AI computing clusters within two years, despite U.S. chip restrictions. The company plans to release Atlas 950 and 960 "SuperPoDs," interconnected computers using numerous domestic chips, to compete with global AI leaders.
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Roche is set to acquire 89bio for up to $3.5 billion, gaining access to the promising liver disease drug pegozafermin. This move complements Roche's recent forays into the weight-loss market, reflecting a broader strategy to address metabolic diseases. The acquisition underscores Roche's commitment to therapies for cardiovascular, renal, and metabolic conditions.
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Nestlé, the global food giant, is undergoing significant changes. New CEO Philipp Navratil is tasked with reviving the company's performance. This follows leadership turmoil and a scandal involving the former CEO. Chairman Paul Bulcke has also retired earlier than planned. The company grapples with falling share prices and strategic missteps.
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