Mark Bergen

Intel Corp. Chief Executive Officer Lip-Bu Tan said he is working to “refocus” the beleaguered chip company on engineering after its struggles with complacency and mismanagement.

Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today, Mark Bergen previews the Bloomberg Tech summit in London, which focuses on the future of European tech sovereignty.

GetYourGuide said it’s become profitable for the first time and is nearing €1 billion ($1.2 billion) in revenue after the 16-year-old online travel operator’s business recovered from a drastic slowdown during the pandemic period.

Nscale, a data center developer focused on artificial intelligence, has agreed to build a site for Microsoft Corp. in Texas, the fourth such deal between the companies in the last two months.

Graphcore, the British chip designer owned by SoftBank Group Corp., will invest £1 billion ($1.3 billion) to build out infrastructure in India over the next decade, including a new research hub.

Google’s top executive in Europe said the continent should simplify complex and conflicting rules on artificial intelligence and technology as Silicon Valley’s biggest companies gripe about their impact on their ability to do business in the EU.

Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today, Mark Bergen sends a dispatch from Europe’s latest military tech gathering as the political mood gets darker.

Matt Miller left Sequoia Capital last December and, like many longtime venture capitalists, chose to start his own fund. He didn’t, however, take the standard VC model with him.

Matt Miller left Sequoia Capital last December and, like many longtime venture capitalists, chose to start his own fund. He didn’t, however, take the standard VC model with him.

Nscale, a developer of artificial intelligence data centers, has raised $1.1 billion in financing a week after announcing its partnership with Nvidia Corp. and OpenAI in the UK.