Tag: Chips

Akhetonics gets fresh funding for a contrarian bet on all-optical chips

Photonics — a field that underpins light-based systems for manipulating data — has a bright future, as the rise of AI demands better...

AI chip startup MatX, founded by Google alums, raises Series A at $300M+ valuation, sources say

MatX, a startup designing chips that support large language models, has raised a Series A of approximately $80 million, three sources say, less...

Nvidia’s CEO defends his moat as AI labs change how they improve their AI models

Nvidia raked in more than $19 billion in net income during the last quarter, the company reported on Wednesday, but that did little...

Ephos wants to shatter the market for AI and quantum chips with a new design based on glass

A theoretical physicist believes he has made a breakthrough in photonics research that will enable us to have faster and better processors —...

Intel moves to spin out foundry business, inks AI chip deal with AWS

Intel has announced a key customer win and changes to its foundry business as the beleaguered chipmaker looks to execute a turnaround. Intel is...

AI chip startup Groq lands $640M to challenge Nvidia

Groq, a startup developing chips to run generative AI models faster than conventional processors, said on Monday that it’s raised $640 million in...