British AI chip startup Fractile raises a $720 million Series C
The UK government puts the valuation above £5 billion, and the CEO says first chips and systems ship next year.
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Stories tagged #ai-chips
Nvidia CEO admits affair amid claims partner is a Chinese spy
Huang canceled speaking events, Nvidia’s board opened an investigation, and shares fell more than 5%.
Google unveils TPU 8tx and TPU 8i Max for AI workloads
TPU 8tx, designed with AMD, targets confidential training and inference; TPU 8i Max doubles memory in one package.
U.S. probed alleged Chinese spy effort targeting Nvidia CEO
Anonymous sources told the Times that a Megaspeed executive close to Jensen Huang may have sought Nvidia plans and China export policy.
Nvidia to invest $3 billion in Meta equity offering
Meta plans to raise up to $95 billion for AI infrastructure and run more agents on Nvidia Vera Rubin systems.
AWS releases TorchNeuron so PyTorch apps can run on Trainium
Amazon says one configuration line moves PyTorch apps to Trainium and it will upstream changes to loosen Nvidia ties in PyTorch.
Tenstorrent raises $1.5 billion at a $6.2 billion valuation
The inference-chip startup will scale hardware for open-weight models after showing Galaxy servers running DeepSeek.
Ricursive Intelligence is betting on AI-designed chips to help solve the compute crisis
Ricursive Intelligence says recursive AI chip design can ease a projected 10,000x compute-demand surge.
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Cerebras CEO pushes back on AI doomsday warnings
Cerebras CEO Andrew Feldman says AI leaders overemphasize doom and should stress benefits while regulating risks.
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Microsoft plans to scale its own Maia AI chips to gigawatt levels by 2027
Microsoft plans multi-gigawatt Azure Maia deployments from 2027 as its main inference platform.
Microsoft’s new AI chip makes it less reliant on Nvidia’s GPUs
Microsoft unveiled Maia 300, an in-house chip planned as Azure's primary AI inference system in 2027.
Californian accused of shipping $300M worth of Nvidia chips to China without Uncle Sam’s approval
Greg Lui was charged with allegedly smuggling roughly $300 million in Nvidia AI GPUs to China.
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U.S. Arrests Company Owner Accused of Shipping $300 Million in Restricted GPU Servers to China
U.S. prosecutors arrested Earthmade owner Greg Lui for allegedly exporting over $300 million in restricted GPU servers to China.
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AMD buys AI world model startup World Labs for $8.2 billion
AMD acquires Fei-Fei Li's world-model startup World Labs for $8.2 billion in stock, hiring Li as Chief Scientist to challenge Nvidia.
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Nvidia-backed Nscale keeps its biggest customer, Bytedance, out of its IPO filing
Nvidia-backed Nscale omitted its largest customer, ByteDance, from its IPO filing despite the Chinese company accounting for 73% of its 2025 revenue.
Huawei plans Q1 2027 launch of new AI chip as it takes on Nvidia
Huawei will launch its Ascend 960DT AI chip in Q1 2027, months ahead of schedule, as it challenges Nvidia amid US export restrictions.
Jensen Huang explains why Nvidia will grow an astounding 70% next year
Nvidia CEO Jensen Huang reiterated at a Goldman Sachs conference that revenue could grow 70% year-over-year next year, reaching roughly $680 billion.
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d-Matrix Adopts NVIDIA NVLink Fusion for Rack-Scale XPU Deployment
d-Matrix will integrate its Raptor inference XPUs with NVIDIA NVLink Fusion, MGX racks and Spectrum-X networking for rack-scale AI factory deployment.