Stories tagged “Ai Chips.”
10 stories
AI chip startup Etched is reportedly receiving investment offers valuing the company at $40 billion or more, just months after its last $700 million round at a $21 billion valuation.
AI cloud company Neocloud Lambda secures $1B in debt to buy Nvidia chips for Microsoft. This is part of a string of loans to fund GPU infrastructure.
OpenAI's Jalapeño chip outperforms Nvidia's superchips in AI inference benchmarks, delivering 1.5 to 1.9 times more AI work per watt and 1.7 to 3.6 times lower end-to-end latency.
Samsung Electronics announced a massive shareholder return package of up to 110 trillion won ($80 billion) for 2026, following a similar move by rival SK Hynix, amidst strong AI-driven chip demand.
Chinese AI chipmaker Biren Technology projects a 2,107% revenue surge in the first half of 2026, driven by strong market demand for general-purpose GPUs. The company's net loss is expected to narrow to between 320 million and 400 million yuan.
Etched, an 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. The round was led by Sequoia, with Andreessen Horowitz, SK Hynix, Jane Street, and Diffusion Capital also participating.
SK Hynix, a South Korean memory chip giant, has raised $26.5 billion in its U.S. market debut, the largest-ever U.S. debut by a non-American company. The company will use the funds to build a new fab in South Korea, a new packaging facility, and EUV scanners.
Anthropic is reportedly in discussions with Samsung to develop a custom AI chip, a move that follows earlier reports of the company exploring in-house chip production to address shortages and gain independence from Nvidia.
Amazon Web Services (AWS) is exploring selling its proprietary AI chips, like Trainium, to third-party companies, aiming to directly challenge Nvidia's dominance in the AI chip market. This strategic move could establish a standalone $50 billion annual business for Amazon.
ByteDance considering domestic chipmakers for its cloud infrastructure as it shifts towards AI workloads. Iluvatar CoreX in pole position.