24 april 2026 · 17:45

Musk's Terafab Intel Deal, GPT-5.5, SK Hynix AI Chips & Anthropic Europe Expansion

The State of Tech — The European Edition of Friday 24 April 2026: Elon Musk partners with Intel on the Terafab project to produce AI chips in Texas, while OpenAI launches GPT-5.5 with improved reasoning and token efficiency. SK Hynix posts record profits on soaring AI memory demand, Anthropic aggressively expands European data centre operations, Gartner forecasts a thirteen-point-five percent jump in global IT spending driven by AI infrastructure, and Spanish quantum-inspired compression startup Multiverse Computing signs a deal with Japanese conglomerate Marubeni.