Latest / Deep Tech Germany – AI, Robotics & Frontier Innovation by Startuprad.io™
September 2024: Intel Halts €30B Chip Plant & Magic AI's $320M
Intel’s paused €30B Magdeburg chip plant, Magic AI’s $320M raise led by Eric Schmidt, and Flink’s $150M quick-commerce round headline September 2024 in DACH.
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Why this matters for deep tech: Semiconductors, frontier AI, and logistics capital are exactly where DACH deep tech’s biggest bets — and biggest risks — are playing out.
In this episode, we cover:
Intel halts its €30B Magdeburg chip factory
Vienna’s Magic AI raises $320M (Eric Schmidt), $1.5B valuation
Berlin’s Flink secures $150M for quick commerce…
The skinny
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