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. SK Hynix,…
AI chip startup Etched defies skeptics, hits $10.3B valuation from big-name investors
"We had no idea how hard it was going to be," Wachen says. "I…
Anthropic is hiring an AI chip design team
Anthropic is building a team to design its own custom chips for AI usage,…
Neocloud Lambda secures $1B in debt to buy more chips
Lambda, an AI cloud company that buys computing chips and rents them out to…
Nvidia’s $3.5B MediaTek bet reveals its plan for tackling Big Tech’s AI chip buildout
Nvidia is investing $3.5 billion into Taiwanese chipmaker MediaTek. As part of the deal,…
In more good news for Amazon, Snowflake signs $6B deal with AWS for AI CPU chips
Cloud data storage giant Snowflake has signed a new $6 billion five-year agreement with…
After Nvidia’s $20B not-acqui-hire, AI chip startup Groq reportedly raising $650M
Groq is looking to raise $650 million in new funding from existing investors, sources…
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…
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…
Anthropic is discussing a new custom chip with Samsung
Back in April, Reuters reported that Anthropic was toying with the idea of producing…
Meta’s new AI chips will begin production in September
In a bid to lower its GPU costs amid an unprecedented component shortage, Meta…
