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Dutch Chipmaker AxeleraAI Receives $66 Million EU Grant for AI Chip Development

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AxeleraAI, a prominent Dutch chipmaker focused on artificial intelligence (AI), has secured a grant of up to 61.6 million euros ($66 million) to develop a new chip designed for data centres, in line with European Union efforts to strengthen its AI capabilities.

The EU’s initiative aims to close the AI competitiveness gap between Europe, the United States, and China, by funding domestic chipmakers and establishing publicly funded AI factories—data centres that will be accessible to European scientists, companies, and startups.

Fabrizio Del Maffeo, AxeleraAI’s CEO, expressed his pride in the grant and the opportunity to expand the company’s business. AxeleraAI, based in Eindhoven, Netherlands, won the funding from EuroHPC, the agency responsible for the EU’s supercomputer and AI factory network. The company plans to use the funds to develop a chip tailored for “inference” AI computing, a process crucial for running AI models once they have been trained.

While AxeleraAI is not aiming to challenge Nvidia’s dominance in the data centre space, particularly in training large AI models, Del Maffeo emphasized that their chip will provide high-performance solutions for inference computing once networks are ready for deployment.

In addition, the rise of cost-effective AI models, like China’s DeepSeek, may drive increased demand for inference computing, offering AxeleraAI a valuable market opportunity. The company’s upcoming Titania chip will be built on the open-source RISC-V standard, an alternative to systems like Intel and Arm, gaining traction in industries like automotive and China.

AxeleraAI’s current chip, Metis, is used in “edge AI” applications, such as analyzing CCTV footage in factories to identify safety issues. Founded in 2021, AxeleraAI has previously raised $200 million in investments, including from Samsung.

Samsung Galaxy A06 5G Expected to Feature One UI 7’s New Now Bar, Specifications Leaked

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Samsung’s upcoming Galaxy A06 5G is generating excitement as rumors circulate about its features ahead of its release. Set to join the 4G version of the Galaxy A06 in the market, the new 5G variant is expected to run One UI 7, Samsung’s custom skin based on Android 15. This version of the operating system is said to bring the new Now Bar feature, which was first introduced with the flagship Galaxy S25 series. This addition would position the A06 5G as one of the first budget-friendly models to support the feature, making it a notable offering in the mid-range segment.

The Now Bar, a feature exclusive to One UI 7, adds an innovative twist to the user interface. According to leaks, it appears as a rectangular bar at the bottom of the screen and presents a deck of cards that users can scroll vertically. These cards display useful insights, including information provided by another new feature called Now Brief, which offers a quick overview on the lock screen. The Now Bar leverages artificial intelligence (AI) to present information in a dynamic, easily accessible format, enhancing user convenience by allowing them to interact with notifications and updates without unlocking their phone.

In addition to the software enhancements, the Samsung Galaxy A06 5G is rumored to come with impressive hardware specifications. The phone is expected to feature a 6.7-inch HD+ LCD display with a 90Hz refresh rate, making it suitable for smooth scrolling and an enjoyable viewing experience. For photography, the device is likely to offer a dual rear camera setup, with a 50-megapixel primary sensor and a 2-megapixel depth sensor. On the front, an 8-megapixel camera is expected to take care of selfies and video calls, catering to users who prioritize good-quality photos.

While official details about the Galaxy A06 5G are yet to be confirmed, these leaked specifications and features suggest that Samsung is gearing up to provide a compelling budget 5G option. With the introduction of One UI 7 and its new AI-driven features, the Galaxy A06 5G could attract users who want a premium experience without the flagship price tag. As more information emerges, we can expect to learn more about the device’s pricing and availability in the coming months.

Samsung Galaxy Z Flip FE Appears in Firmware Listing with Model Number

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Samsung is rumored to be expanding its foldable phone lineup by introducing a budget-friendly model, the Galaxy Z Flip FE. This device is expected to launch alongside the Galaxy Z Fold 7 and Galaxy Z Flip 7 later this year. While Samsung has not officially confirmed the existence of this phone, recent leaks suggest that it is in development. A model number associated with the device was recently spotted on a Samsung server, lending credibility to these speculations. If the reports are accurate, the Galaxy Z Flip FE will likely feature a Samsung Exynos processor and share the same display as the Galaxy Z Flip 6.

Adding weight to these rumors, tipster Erencan Yılmaz recently claimed on X that the Galaxy Z Flip FE appeared on Samsung’s OTA servers under the model number SM-F761. The presence of the letter “F” in the model number suggests it belongs to the foldable category, while the digit “7” indicates its association with the Flip series. Furthermore, the screenshot shared by the tipster shows the suffix “B,” hinting that this particular variant might be designated for European markets.

This isn’t the first time the Galaxy Z Flip FE has surfaced in online databases. Earlier, the same model number, SM-F761B, was found in the GSMA database, strengthening claims of its upcoming release. For reference, the Galaxy Z Flip 6 carries the model number SM-F741, while its predecessor, the Flip 5, is identified as SM-F731. Following this sequence, the anticipated Galaxy Z Flip 7 is expected to be assigned the model number SM-F751.

If Samsung does launch the Galaxy Z Flip FE, it could be a strategic move to make foldable technology more accessible to a broader audience. Premium foldable phones remain relatively expensive, and a budget-friendly option could attract new users who have been hesitant due to high prices. More details about this rumored device are likely to emerge in the coming months, and Samsung’s official confirmation will be crucial in setting expectations for the phone’s features, pricing, and availability.