Nvidia challenger AI chip startup MatX raised $500M |

In Brief Posted: 4:45 PM PST · February 24, 2026 MatX, a chip startup founded by two former Google hardware engineers, has raised a $500…

Meta strikes up to $100B AMD chip deal as it chases 'personal superintelligence' |

7:15 AM PST · February 24, 2026 Meta plans to purchase potentially up to $100 billion worth of AMD chips, enough to drive roughly six…

Anthropic accuses Chinese AI labs of mining Claude as US debates AI chip exports |

Anthropic is accusing three Chinese AI companies of setting up more than 24,000 fake accounts with its Claude AI model to improve their own models.…

Former Tesla product manager wants to make luxury goods impossible to fake, starting with a chip |

The fake goods crisis cuts two ways. Luxury brands lose more than $30 billion a year to counterfeits, while buyers in the booming $210 billion…

Uber puts another chip on the self-driving roulette table

Self-driving truck startupWaabi’s billion-dollar fundraiseisn’tjust about trucks. The deal, for $750 million up front plus another $250 million from Uber tied to deployment milestones, marks…

AI chip startup Ricursive hits $4B valuation 2 months after launch |

In Brief Posted: 4:13 PM pst · January 26, Ricursive Intelligence, a startup building an AI system to design and automatically improve AI chips, has…

Nvidia to license AI chip challenger Groq's tech and hire its CEO |

In Brief Posted: 2:03 PM PST · December 24, 2025 Nvidia has struck a non-exclusive licensing agreement with AI chip competitor Groq. As part of…

Intel Takes Major Step in Plan to Acquire Chip Startup SambaNova

Intel has signed a term sheet to acquire the AI chip startup SambaNova Systems, two sources with direct knowledge of the agreement tell WIRED. The…

Department of Commerce approves Nvidia H200 chip exports to China |

1:40 PM PST · December 8, 2025 Advanced Nvidia AI chips can head back to China after all. The Department of Commerce will allow Nvidia…

What does it mean when Uncle Sam is one of your biggest shareholders? Chip startup xLight is about to find out |

The Trump administration has agreed to inject up to $150 million into xLight, a semiconductor startup developing advanced chip-making technology, marking the third time the…