AI
General Compute Raises $100 Million in Series A Funding
General Compute secures $100 million in Series A funding, betting on inference chips outside the Nvidia ecosystem.
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AI
SpaceX Secures $40B GPU Financing Deal with Apollo for AI Infrastructure
SpaceX has locked in a massive $40 billion financing commitment to purchase AI chips and data center equipment.
AI
Tenstorrent hits $6.2B valuation to scale open-weight AI chips
After drawing acquisition interest earlier this year, the Nvidia challenger raised $1.5 billion to remain independent.
AI
Recursive Intelligence is betting on AI-designed chips to help solve the compute crisis
The startup is developing AI that can design chips, learn from each iteration, and improve subsequent designs to accelerate the process.
AI
AI chip startup Etched seeing funding offers at $40B+ valuation, sources say
Just months after its last major raise, AI chip startup Etched is reportedly fielding investment offers that would double its valuation or more.
AI
Huawei plans Q1 2027 launch of new AI chip as it takes on Nvidia
Huawei is accelerating the launch of its next-generation Ascend 960DT AI chip as it pushes to compete with Nvidia and close China's AI computing gap with the U.S.
AI
Nvidia's $3.5B MediaTek investment reveals strategy against Big Tech chip buildout
Nvidia is investing $3.5 billion into Taiwanese chipmaker MediaTek. The move highlights Nvidia's plan to remain essential to AI infrastructure as major tech companies start building their own custom AI chips.
AI
OpenAI says its Jalapeño chip can power faster AI responses than the competition
OpenAI has revealed its new Jalapeño AI chip, designed to deliver lower latency and higher throughput.