The race to produce more chips is on, and Europe is in. ASML, the Dutch company that has a near-monopoly on manufacturing the machines used…
Tag: chip
AI chip maker SambaNova raises $1B at $11B valuation, 5 months after last mega round |
AI chip company SambaNova Systems has raised $1 billion at an $11 billion valuation led by General Atlantic, in a first close of its Series…
Nvidia competitor Etched hits $5B valuation, $1B in sales for AI chip |
Nvidia AI chip competitor Etched issued a progress report on Tuesday, after TSMC successfully manufactured its chip earlier this year. The startup says it has…
Qualcomm Buys Buzzy Chip Startup Modular for Nearly $4 Billion
Qualcomm will acquire the Silicon Valley chip startup Modular for nearly $4 billion. The companies announced the acquisition on Wednesday; Qualcomm said it expects to…
OpenAI and Broadcom Debut LLM-Optimized Inference Chip
Jun 24, 2026 By Stephanie Simone OpenAI and Broadcom are debuting “Jalapeño,” OpenAI’s first Intelligence Processor: an accelerator architected around OpenAI’s vision for the future…
Xanadu sets new industry benchmark in photonic chip packaging
/PRNewswire/ – Xanadu Quantum Technologies Limited (“Xanadu”) (Nasdaq: XNDU) (TSX: XNDU) today announced a new accomplishment in ultra-low loss photonic chip packaging, achieving ultra-low edge-coupling…
After Nvidia’s $20B not-acqui-hire, AI chip startup Groq reportedly raising $650M |
In Brief Posted: 10:27 AM PDT · May 29, 2026 Groq is looking to raise $650 million in new funding from existing investors, sources tell…
This chip startup just raised $135M on a bet that AI’s biggest bottleneck isn’t compute — it’s memory |
Every time you ask ChatGPT a question, your request triggers a data relay race. Information leaves memory, passes through a CPU for preprocessing, travels to…
$60B AI chip darling Cerebras almost died early on, burning $8M a month |
Today, Cerebras Systems is a public company that sells AI chips for inference to giants like OpenAI and AWS. It held a blockbuster IPO on…
As Tim Cook steps down, Apple hit record sales — but a chip shortage looms |
4:59 PM PDT · April 30, 2026 Apple reported a record quarter on Thursday. Yet outgoing CEO Tim Cook warned of some gathering storm clouds…