After incubating a startup — Axelera AI — to commercialize their chip technology within the blockchain company Bitfury Group, Del Maffeo and team secured capital from VCs including Imec’s ...

Chief Financial Officer Wendell Huang told Bloomberg Television. Calling currency volatility a “big uncertainty” to margins, he said the company will also actively review hedging strategies to manage ...

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 ...

Groq opens a new AI data centre in Helsinki, Finland, as it expands globally to compete with Nvidia in the inference chip ...

Investments from a range of companies will include new data centres and power generation expansion. Read more at straitstimes ...

Groq, valued at $2.8 billion and backed by investors such as Samsung and Cisco, is positioning itself as a challenger to ...

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 ...

The president will detail plans for new data centres, power generation expansion and grid infrastructure upgrades, along with ...

An AI startup founder should be able to say what is different about the company’s approach to solving a certain problem, says Jason Chen with Mach37. Courtesy photo. Still, the “AI boom is here to ...

Oracle announced on Tuesday it will invest $3 billion over 5 years in AI and cloud infrastructure across Germany and the ...