Apple has filed a lawsuit against OpenAI, alleging systematic trade secret theft and breach of contract orchestrated by senior leadership to bolster its upcoming AI hardware product. The complaint accuses former Apple ex...
South Korean memory chipmaker SK Hynix has raised a historic $26.5 billion in its US IPO to expand manufacturing capacity for High-Bandwidth Memory (HBM). Driven by intense demand for AI-related hardware, the funds will...
Meta is set to begin manufacturing its latest custom-designed AI chips in September to decrease dependence on external suppliers like Nvidia and lower overall costs. The modular chips, developed under the Meta Training a...
Major technology companies, including OpenAI and SpaceX, are increasingly developing custom in-house microchips to reduce their dependence on Nvidia's dominant hardware. By partnering with manufacturers like Broadcom, th...
OpenAI has announced plans to develop its own custom AI inference chip, named Jalapeño, in collaboration with Broadcom to reduce its reliance on Nvidia's dominant hardware. This strategic shift places OpenAI alongside ot...
AI chipmaker Groq has secured a new $650 million funding round to expand its AI inference cloud business and hire new executive leadership. This raise follows a massive $20 billion "not-acqui-hire" deal with Nvidia, whic...
Cerebras Systems, an AI chip startup competing with Nvidia, has filed for an initial public offering after securing major deals with OpenAI (reportedly worth over $10 billion) and Amazon Web Services. The company reporte...
Nvidia CEO Jensen Huang announced at GTC Conference that the company expects $1 trillion in orders for its Blackwell and Vera Rubin chips through 2027, doubling from the $500 billion projected last year through 2026. The...
Apple has acquired Q.AI, an Israeli AI startup specializing in imaging and machine learning for audio processing, in a deal valued at nearly $2 billion. The acquisition aims to enhance Apple's AI capabilities in products...
Neurophos, a Duke University spinout, has raised $110 million led by Gates Frontier to develop optical processing units using metamaterial-based metasurface modulators for AI inferencing. The startup claims its photonic...
