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


Musk's Terafab: Tesla, SpaceX and xAI partner with Intel to produce AI chips in Texas

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 13.5 percent jump in global IT spending driven by AI infrastructure

Spanish startup Multiverse Computing signs AI compression deal with Japan's Marubeni