Neocloud Lambda secures $1B in debt to buy more chips
Neocloud Lambda has raised $1B in private debt to buy Nvidia AI chips and lease them to Microsoft. It's the latest in a string of loans, underscorin…
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Data centers become "killer application" for new power transformer tech
Solid-state transformers could also benefit EV charging and someday households.
Nvidia senior manager linked to Supermicro scheme smuggling AI servers to China
Nvidia worker indicted after Jensen Huang scolded Supermicro for AI server smuggling.
Anthropic is hiring an AI chip design team
Anthropic is building a team for designing its own custom AI chips. The Claude-maker said it would co-design hardware and models to help its technol…
AI chip startup Etched defies skeptics, hits $10.3B valuation from big-name investors
Etched, founded by three Harvard dropouts, has created new chips and memory components that speed up inference on any AI model -- no GPUs required,…
SK Hynix raises $26.5B in the biggest foreign IPO in US history, is urged to build new US fabs
The AI chip boom just produced its biggest Wall Street moment yet. Now SK Hynix and Samsung are being asked to build US factories.
Meta’s new AI chips will begin production in September
The company is taking a modular approach to designing these chips, anticipating that their needs will change as AI evolves rapidly by the time the c…
Anthropic is discussing a new custom chip with Samsung
The news comes about a week after OpenAI announced its own custom AI chip in a partnership with Broadcom.
Nvidia competitor Etched hits $5B valuation, $1B in sales for AI chip
Nvidia AI chip competitor Etched says it has already booked $1 billion under contract for the inference systems powered by its chip.
Why everyone from OpenAI to SpaceX is building their own chips (and turning up the heat on Nvidia)
Nvidia has dominated the AI chip market for years, but the era of total dependence might be ending.   OpenAI just shared its plans to spic…
Amazon hopes to challenge Nvidia more directly by selling its AI chips
AWS is in talks to sell its chips to other data centers. CEO Andy Jassy has said this represents a $50 billion opportunity for the company.
After Nvidia’s $20B not-acqui-hire, AI chip startup Groq reportedly raising $650M
Chipmaker Groq is looking to raise $650 million in internal funding as it pivots from hardware to focus more on AI inference, the process of refinin…
In more good news for Amazon, Snowflake signs $6B deal with AWS for AI CPU chips
Snowflake has signed a new, enormous five-year deal with Amazon to secure chips for AI usage. Nvidia is once again being put on notice.
Nvidia bets $150B on Taiwan as Trump's plan to make US an AI hub backfires
Nvidia will invest $150 billion a year to make Taiwan an AI “epicenter.”
TSMC taps wind power as AI chip demand soars, Taiwan feels energy crunch
TSMC backs renewables during record demand for energy-hungry chip manufacturing.