Posted inEmerging Tech & Futurism
Neocloud Lambda secures $1B in debt to buy more chips
Lambda, an AI cloud company that buys computing chips and rents them out to businesses, has raised $1…
Posted inEmerging Tech & Futurism
AI chip startup Etched defies skeptics, hits $10.3B valuation from big-name investors
Etched, the AI chip startup founded by three Harvard dropouts in 2022, has closed a $300 million Series…
Posted inEmerging Tech & Futurism
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, a South Korean memory…
Posted inEmerging Tech & Futurism
Meta’s new AI chips will begin production in September
In a bid to lower its GPU costs amid an unprecedented component shortage, Meta is on track to…
Posted inEmerging Tech & Futurism
Anthropic is discussing a new custom chip with Samsung
Back in April, Reuters reported that Anthropic was toying with the idea of producing its own AI chips…
Posted inEmerging Tech & Futurism
Another deep tech chip startup becomes a unicorn: Frore hits $1.64B
Eight-year-old semiconductor startup Frore Systems has raised a $143 million Series D, led by MVP Ventures, at $1.64…
Posted inEmerging Tech & Futurism
How Ricursive Intelligence raised $335M at a $4B valuation in 4 months
The co-founders of startup Ricursive Intelligence seemed destined to be co-founders. Anna Goldie, CEO, and Azalia Mirhoseini, CTO,…
Posted inEmerging Tech & Futurism
Exclusive: Positron raises $230M Series B to take on Nvidia’s AI chips
Semiconductor startup Positron has secured $230 million in Series B funding, TechCrunch has exclusively learned. The outfit plans…
Posted inEmerging Tech & Futurism
Microsoft won’t stop buying AI chips from Nvidia, AMD, even after launching its own, Nadella says
Microsoft this week deployed its first crop of its homegrown AI chips in one of its data centers,…
Posted inEmerging Tech & Futurism
The US imposes 25% tariff on Nvidia’s H200 AI chips headed to China
After months of rumors that the Trump administration was going to impose tariffs on semiconductors, a tariff has…