Browsing: AI chip
AI chip startup Etched defies skeptics, hits $10.3 billion valuation from big-name investors
Engraved, the AI chip startup founded by three Harvard dropouts in 2022 has closed a $300 million Series C funding round at a $10.3 billion valuation,…
AI chip maker SambaNova raises $1 billion at $11 billion valuation, 5 months after last mega round
AI chip company SambaNova Systems raised $1 billion in an $11 billion valuation led by General Atlantic in the first close of its Series F round,…
In an effort to lower GPU costs amid an unprecedented component shortage, Meta is on track to start making the latest AI-specific versions of the chip…
SK Hynix raises $26.5 billion in largest foreign public IPO in US history, set to build new fabs in US
The AI chip boom just created its biggest moment on Wall Street. SK Hynix, a South Korean memory chip giant, he said on Friday has grossed…
Back in April, Reuters stated that Anthropic has been toying with the idea of producing its own AI chips as a means of dealing with the…
Rival Nvidia AI chip Engraved issued a progress report on Tuesday after TSMC successfully manufactured its chip earlier this year. THE says the startup has already…
When Nvidia CEO Jensen Huang took the stage for the annual GTC keynote on Monday, the $4 trillion company’s stock began to tumble. Wall Street investors,…
The co-founders of startup Recursive Intelligence seemed destined to be co-founders. Anna Goldie, CEO, and Azalia Mirhoseini, CTO, are so well-known in the AI community that…
Semiconductor startup Positron has secured $230 million in Series B funding, according to TechCrunch exclusively. The outfit plans to use the capital to accelerate development of…
Microsoft won’t stop buying AI chips from Nvidia, AMD even after its own is released, says Nadella
Microsoft this week rolled out its first production run of its homegrown AI chips in one of its data centers, with plans to roll out more…