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German chipmaker Infineon announced a €1.1bn investment in its Villach, Austria site to produce gallium nitride chips on 300mm wafers by the end of 2027. The European Commission approved €319m in aid under the EU Chips Act, while the Austrian economy ministry must still give formal approval.
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Electric Plant Raises $11.2M for Plant AI

Albert Invent, which launched an AI model trained on chemical patents and data about 15M molecules, raised a $55M Series B, a source says at a $340M valuation (Rashi Shrivastava/Forbes)
Amazon Invests 16 Billion Euro in Germany