Elon Musk's artificial intelligence (AI) startup, xAI, is reportedly seeking to raise up to US$20 billion in a new funding round that includes an equity investment from Nvidia, according...
US-based startup Moonlake AI has secured US$28 million in a seed funding round led by Nvidia's NVentures, with participation from angel investors including YouTube co-founder Steve...
AI startup Anthropic is rapidly expanding its international presence in response to strong global demand for its Claude model, aiming to double its overseas workforce and increase...
US AI chip startup Cerebras Systems has completed a US$1.1 billion Series G funding round, elevating its valuation to US$8.1 billion. The funding round saw participation from the...
Canadian artificial intelligence startup Cohere has secured an additional US$100 million in funding, elevating its valuation to US$7 billion. The company also announced an expanded...
South Korean AI semiconductor startup Rebellions has raised US$250 million in a Series C round, backed by Arm Holdings Plc, Samsung Ventures, and Pegatron's VC arm, accelerating its...
Intel, once the uncontested leader in PC and server chips, faces a turning point. Delays in advanced process technology and rising competition from AMD and Arm-based architectures...
Samsung Electronics has secured another US$250 million subsidy from the Texas state government, bringing its total state aid to US$520 million. The latest funding comes as Samsung's...
Chinese chip equipment maker Piotech said on September 12 its unit Piotech Jianke (Haining) Semiconductor Equipment has kicked off a new funding round at a CNY2.5 billion (approx...
Nvidia CEO Jensen Huang is making a big U-turn on quantum computing. After years of downplaying the technology's timeline, the tech titan is now pouring money into quantum startups...
TSMC has donated several sets of used 12-inch chipmaking equipment to the government, which has had the Industrial Technology Research Institute (ITRI) under the Ministry of Economic...
Abico Asia and Ability Enterprise, subsidiaries of Abico Group, previously co-invested NT$300 million (approx. US$9.9 million) in Agility Robotics. Agility Robotics recently announced...
Yangtze Memory Technologies (YMTC) officially registered its Phase III unit, Changcun Phase III (Wuhan) Integrated Circuit, on September 5. The company has not disclosed details on...
Switzerland has unveiled Apertus, an open-source large language model created through collaboration between the Swiss Federal Institute of Technology in Lausanne (EPFL), the Swiss...