Neocloud Lambda secures $1B in debt to buy more chips
Lambda, an AI cloud company that buys computing chips and rents them out to businesses, has raised $1…
Asian Chip Stocks Sink For A Second Straight Day—Could US Firms Follow?
Topline South Korean stocks faced a second straight day of losses Wednesday, led by SK Hynix, as the…
Bank of Korea picks a fight with US Fed’s AI inflation call
TOKYO — Bank of Korea Governor Shin Hyun-song ended a three-and-a-half-year rate freeze on Thursday, lifting the policy…
Nvidia competitor Etched hits $5B valuation, $1B in sales for AI chip
Nvidia AI chip competitor Etched issued a progress report on Tuesday, after TSMC successfully manufactured its chip earlier…
Amazon hopes to challenge Nvidia more directly by selling its AI chips
If Amazon Web Services has its way, the cloud giant is going to push even deeper into Nvidia’s…
As ByteDance spends billions on AI, which Chinese chip start-ups stand to gain?
As Chinese technology giant ByteDance accelerates its shift towards domestic chips for artificial intelligence workloads, a few smaller…
Why Wall Street wasn’t won over by Nvidia’s big conference
When Nvidia CEO Jensen Huang took the stage for his annual GTC keynote on Monday, the $4-trillion-dollar company’s…
Nvidia CEO Jensen Huang seemingly ‘realises’ that Google, Microsoft and Meta are set to eat the company’s lunch |
Nvidia’s dominance in AI hardware is facing a significant challenge as customers seek cheaper, purpose-built inference chips. Major…
Nvidia challenger AI chip startup MatX raised $500M
MatX, a chip startup founded by two former Google hardware engineers, has raised a $500 million Series B…
Smaller, faster, smarter: Chinese transistor ready for future AI chips
A team of Chinese scientists has unveiled the world’s smallest and most energy-efficient transistor in a breakthrough poised…
Meta strikes up to $100B AMD chip deal as it chases ‘personal superintelligence’
Meta plans to purchase potentially up to $100 billion worth of AMD chips, enough to drive roughly six…
How Ricursive Intelligence raised $335M at a $4B valuation in 4 months
The co-founders of startup Ricursive Intelligence seemed destined to be co-founders. Anna Goldie, CEO, and Azalia Mirhoseini, CTO,…