AI chip startup Etched raised $700 million at a $21 billion valuation led by Jane Street, doubling its valuation in a single month after a $10.3 billion round in July. The company sells "frontier inference clusters" buil...
AI chip startup Etched closed a $300 million Series C led by Sequoia at a $10.3 billion valuation, doubling its valuation in roughly seven months. The company has manufactured its custom inference chips via TSMC, booked...
AI hardware startup SambaNova Systems has raised $1 billion in its Series F round, valuing the company at $11 billion. The funding will secure its supply chain to meet heavy demand for its SN40L and SN50 chips, which spe...
Anthropic is in early-stage talks with Samsung to explore the design and production of its own custom AI chips, aiming to diversify its hardware stack. This move reflects a broader industry trend where major AI developer...
AI chip startup Etched has reached a five-billion-dollar valuation and secured one billion dollars in contract orders for its specialized inference hardware. The company's 'frontier inference clusters' aim to run frontie...
The Trump administration has reportedly drafted new regulations requiring U.S. government approval for all AI chip exports from companies like Nvidia and AMD to any destination outside the United States. The rules would...
MatX, a chip startup founded by former Google TPU engineers, raised $500 million in Series B funding led by Jane Street and Leopold Aschenbrenner's Situational Awareness fund. The company aims to develop processors that...
OpenAI has signed a multi-year agreement worth over $10 billion with AI chipmaker Cerebras to deliver 750 megawatts of compute capacity from 2026 through 2028. The deal aims to provide faster, low-latency inference capab...
Nvidia is reportedly acquiring AI chip startup Groq for $20 billion, marking Nvidia's largest acquisition ever. Groq has developed LPU (language processing unit) chips that claim to run LLMs 10 times faster and using one...
Amazon is reportedly in early discussions to invest up to $10 billion in OpenAI, potentially valuing the AI lab at over $500 billion. The deal would involve OpenAI using Amazon's AI chips and cloud infrastructure, markin...
