A British startup hoping to challenge Nvidia’s dominance in chips for AI applications with a radical new hardware design has just emerged from operating in stealth with $15 million in seed ...

TSMC beats Q2 estimates with strong revenue growth and margin expansion, fueled by soaring AI chip demand. Click for my ...

Rain AI, a San Francisco-based chip startup backed by OpenAI CEO Sam Altman, is exploring a sale after its ambitious $150 million Series B funding round failed to secure investors. Despite early ...

Groq opens a new AI data centre in Helsinki, Finland, as it expands globally to compete with Nvidia in the inference chip ...

Groq, valued at $2.8 billion and backed by investors such as Samsung and Cisco, is positioning itself as a challenger to ...

In August 2024, the startup unveiled its advanced AI chip, "RNGD." The chip is positioned to challenge industry leaders such as Nvidia with a 100% power efficiency advantage over Nvidia's H100 ...

President Donald Trump will announce $70 billion in artificial intelligence and energy investments in Pennsylvania on Tuesday ...

An AI startup founder should be able to say what is different about the company’s approach to solving a certain problem, says Jason Chen with Mach37. Courtesy photo. Still, the “AI boom is here to ...

Oracle announced on Tuesday it will invest $3 billion over 5 years in AI and cloud infrastructure across Germany and the ...

Meta Chief Executive Mark Zuckerberg announced plans to invest hundreds of billions of dollars over the next several years to ...

Investments from a range of companies will include new data centres and power generation expansion. Read more at straitstimes ...