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Etched has a simple pitch. Nvidia builds chips that do everything. Etched builds chips that do one thing, inference, and claims to do it far better. On Thursday the bet got a lot more money behind it. The startup raised $300 million in a Series C round that values it at $10.3 billion. Sequoia led […]
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Nvidia rival Etched doubles its value to $10.3B in seven months Read More »
Memory chips are the oil of the AI boom, and right now they are hard to get. So when Elon Musk used Tesla’s quarterly call to publicly thank Micron, it was worth noticing. Suppliers rarely get shout-outs. Scarce ones do. Micron recently gave Tesla a “significant allocation” of memory on “reasonable terms,” Musk said, according […]
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Musk thanks Micron for chips, and builds a $55bn fab to replace it Read More »
The two companies announced a strategic collaboration to build the Fortinet Security Processor 6, the custom silicon inside its FortiGate firewalls. Intel will handle the chip design, advanced packaging, and manufacturing. The first name on the list That last part matters more than the chip itself. Intel told Tom’s Hardware it will build the SP6 […]
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Intel Foundry lands its first named outside customer: Fortinet Read More »
The AI boom has broken the memory market’s oldest rule. Prices that should be falling are soaring instead, and the AI memory crunch will not ease until 2028. The hangover, when it comes, could be brutal. Memory is meant to be boring. For decades DRAM and NAND flash have behaved like any commodity, sliding through […]
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The AI boom broke the memory market, and the bust could be brutal Read More »
Europe uses about a fifth of the world’s chips, but makes only a tenth of them. A three-year-old Munich startup thinks it can help close that gap, and Brussels has just backed the bet. QuantumDiamonds is a spin-out of the Technical University of Munich. It has raised €91M to scale a new way of finding […]
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A €91M bet on the diamond microscope that could be Europe’s next ASML Read More »
A Paris startup wants to loosen Nvidia’s grip on AI, not with a new chip, but with software. ZML has released a free tool that runs open-source models fast across Nvidia, AMD, Google, Apple and Intel silicon alike. Nvidia still rules AI hardware, but its walls keep thinning. ZML, a Paris startup backed by AI […]
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France’s ZML wants to break Nvidia lock-in with free cross-chip AI software Read More »
Apple is spending big to make chips at home. It has committed to a multi-year Broadcom deal worth more than $30 billion, Apple announced on Wednesday. That makes it Apple’s largest US manufacturing pledge to date. The scale is the story. The deal should yield more than 15 billion US-made chips and support hundreds of […]
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Apple puts a $30bn US-manufacturing flag on its Broadcom chip deal Read More »
The AI memory squeeze has been an industry story for months. Now it is heading for the till. Currys, Britain’s biggest consumer electricals retailer, has warned that phones, laptops and TVs will cost more later this year. Chief executive Alex Baldock delivered the warning to reporters after the company posted its annual results, as Reuters […]
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The AI memory squeeze is about to hit Europe’s shopping baskets Read More »
South Korea has placed its biggest bet yet on the AI era. The plan commits at least $880bn over a decade to chips, data centres and robots. It is the boldest South Korea AI investment to date, and the government says speed is now the only way to survive. President Lee Jae Myung unveiled the […]
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South Korea bets $880bn to win the AI era Read More »
Renting an AI chip is starting to feel like booking a hotel in a sold-out city. You pay to hold the room, and the rate keeps climbing. On AWS, it just climbed again. Amazon Web Services has raised prices for EC2 Capacity Blocks for ML by roughly 20%, starting in July. Business Insider first reported […]
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AWS raises GPU prices 20% as the memory crunch bites Read More »