This news comes roughly three months after FuriosaAI declined Meta’s $800 million acquisition offer, opting to remain ...

Elon Musk's artificial intelligence startup xAI is working with a financier to secure up to $12 billion more for its ...

XAI is tapping into the booming private-credit market to find the cash it needs to build massive data centers.

In August 2024, the startup unveiled its advanced AI chip, "RNGD." The chip is positioned to challenge industry leaders such as Nvidia with a 100% power efficiency advantage over Nvidia's H100 ...

Silicon Valley-based artificial intelligence chip startup d-Matrix has raised $110 million from investors that include Microsoft Corp at a time when many chip companies are struggling to raise cash.

For a slew of AI chip companies chomping to dethrone Nvidia, DeepSeek is the opening they’ve been waiting for. A day after Chinese upstart DeepSeek wiped more than a staggering $800 billion from ...

The rise of Nvidia has spurred renewed investor interest in AI chip startups. One of them, Blaize, founded by former Intel engineers, is set to go public on the Nasdaq in a SPAC deal on Tuesday ...

A British startup hoping to challenge Nvidia’s dominance in chips for AI applications with a radical new hardware design has just emerged from operating in stealth with $15 million in seed ...

Positron, a startup chip maker that aims to compete with Nvidia, said Tuesday it raised $23.5 million to scale production of its U.S.-made artificial intelligence chips. Valor Equity Partners ...

The company also offers an accelerator card that makes it possible to build AI servers equipped with up to 24 of its chips. The company lost $87.6 million during the 12 months ended Dec. 31, 2023 ...

Founded in 2018, the Toronto, Ontario-based startup had been selling AI inference chips for edge environments and data centers based on its “at-memory” architecture that it said ...