Startups
FuriosaAI raises $620m at a $2.9bn valuation for its Nvidia rival chips
Seoul-based FuriosaAI has raised $620 million in a Series D round, reaching a $2.9 billion valuation.
Topic
#Ai Chips
Stories tagged by our AI curator.
Policy
U.S. investigated Chinese spy plot aimed at Nvidia CEO
U.S. investigators are looking into a potential Chinese spy plot involving a Singaporean AI cloud executive.
Policy
Intel Community Reportedly Tied Trump’s Favorite AI Boss to a Chinese Spy
Nvidia CEO Jensen Huang has been lobbying the US government to ease restrictions on selling high-end AI chips to China.
Startups
Marvell in advanced talks to buy Lumentum: Bloomberg News
Marvell is reportedly in advanced discussions to acquire Lumentum.
Startups
Energy-efficient inference chip developer FuriosaAI raises $620M to solve the data center power bottleneck
South Korean chip startup FuriosaAI has raised $620 million to produce energy-efficient AI processors.
Enterprise
Samsung confirms record-breaking operating profit on soaring AI memory chip demand
Samsung achieved a record-breaking quarterly operating profit driven by high demand for AI memory chips.
AI
China’s CXMT will make AI memory despite yields as low as 20%, Reuters says
China's CXMT will manufacture HBM3E advanced memory for AI chips despite low production yields of 20–30%, according to Reuters.
Enterprise
Malaysia seizes $12.1M of AI chips at Kuala Lumpur airport
Malaysian authorities seized 30 servers containing advanced AI chips worth $12.1 million at Kuala Lumpur airport for moving through the country without proper permits.
AI
OpenAI reportedly plans to buy Google’s TPU chips alongside Nvidia
OpenAI is reportedly planning to purchase Google's TPU chips alongside Nvidia processors, according to The Information, though financial details remain undisclosed.
Also covered by 1 other outlet
AI
AI chips worth $12.1 million seized at Malaysia airport, customs authority says
Malaysian customs seized $12.1 million worth of advanced AI chips at the airport, highlighting enforcement against unauthorized shipments of high-value semiconductor equipment.
Also covered by 1 other outlet
AI
China's CXMT to start advanced AI memory production despite poor yields
China's CXMT plans to begin production of advanced AI memory chips despite yield challenges, driven by domestic demand amid US export restrictions.
AI
OpenAI Plans to Purchase Google TPUs: Report
OpenAI plans to purchase Google TPUs directly, reducing reliance on NVIDIA for AI model training and inference workloads.
AI
AI chip giant SK hynix says quarterly operating profit soars 630%
SK Hynix reports operating profit surge of 632% in Q3, driven by record demand for AI-optimized memory chips.
AI
ASM lifts its 2027 sales forecast by a quarter as AI chipmakers spend
Semiconductor equipment maker ASM International raised its 2027 revenue forecast to €5.7B, driven by increased spending from memory and AI chipmakers.
Enterprise
Oracle will offer Cerebras AI computers in its cloud from 2027
Oracle will offer cloud services powered by Cerebras AI computers starting in 2027, as Cerebras seeks to compete in an Nvidia-dominated market.
Startups
General Compute raises $100 million Series A, countering the neocloud disaster narrative
General Compute raised $100 million in Series A funding to develop inference chips outside the Nvidia ecosystem.
Startups
SpaceX locks in $40B GPU financing deal with Apollo
SpaceX has secured a $40 billion committed financing deal to acquire AI chips and data center equipment, marking what the company calls the largest GPU financing arrangement ever.
AI
Marvell’s early chipmaking gamble pays off amid AI demand
Marvell Technology's early investment in advanced chipmaking process nodes has paid off as AI demand drives semiconductor growth.