Nvidia CEO Jensen Huang appears to have struck a deal with the Trump administration to avoid export restrictions on the company’s H20 AI chips. The H20, the most advanced Nvidia-produced AI chip that can still be exported from the U.S. to China, was reportedly spared thanks to a promise from Huang to invest in new…
Category: AI chips
AI, AI chips, Artificial Intelligence, Enterprise, Global Security News, Intel, semiconductor
Lip-Bu Tan says Intel will spin off non-core units
Intel’s new CEO Lip-Bu Tan wasted no time laying out his plans for the semiconductor giant. Speaking at the Intel Vision conference this week, Tan told attendees that the company will spin off assets that aren’t core to its mission, Bloomberg reported. Tan didn’t specify what was classified as core and non-core to the company’s…
AI, AI chips, Cerebras, Global Security News, IPO, Startups
Cerebras Systems’ IPO is further delayed
AI chipmaking company Cerebras Systems’ IPO is delayed again as the public listing’s national security review drags on. Cerebras, which originally filed its intent to IPO in September 2024, thought the incoming Trump administration would help it breeze through its national security review, according to Reuters. That hasn’t been the case. The White House has…
AI, AI chips, FuriosaAI, Global Security News, Meta, semiconductor, South Korea, Startups
AI chip startup FuriosaAI reportedly turns down $800M acquisition offer from Meta
FuriosaAI, a South Korean startup that makes chips for AI applications, has rejected an $810 million acquisition offer from Meta.
AI, AI chips, Enterprise, Global IT News, Global Security News, Intel, Pat Gelsinger, semiconductors
As Intel welcomes a new CEO, a look at where the company stands
Semiconductor giant Intel hired semiconductor veteran Lip-Bu Tan to be its new CEO. This news comes three months after Pat Gelsinger retired and stepped down from the company’s board, with Intel CFO David Zinsner and executive vice president of client relations Michelle Johnston Holthaus stepping in as co-CEOs. Tan, who was most recently the CEO…
AI, AI chips, Analog, analog chips, EnCharge, EnCharge AI, Enterprise, Fundraising, Global Security News, Processors, semiconductors
EnCharge raises $100M+ to accelerate AI using analog chips
EnCharge AI, a semiconductor startup developing analog memory chips for AI applications, has raised more than $100 million in a Series B round led by Tiger Global to spur its next stage of growth. The funding is significant partly because interest in AI is at an all-time high, but the high price of building and…
AI, AI chips, data center, Enterprise, falcon shores, Global IT News, Global Security News, Intel
Intel won’t bring its Falcon Shores AI chip to market
Intel is effectively killing Falcon Shores, its next-generation GPU for high-performance computing and AI workloads. The move comes as Intel tries to correct course after a number of disappointing product launches and historic losses, while competitors like AMD and Nvidia gain ground. Intel co-CEO Michelle Johnston Holthaus said during the company’s fourth-quarter earnings call Thursday,…
AI, ai accelerator chips, ai accelerators, AI chips, alibaba, Apple, data centers, Enterprise, Global IT News, Global Security News, Synopsys, ualink, Ultra Accelerator Link Consortium
Apple joins consortium to help develop next-gen AI data center tech
Apple has joined a consortium creating next-gen technology to link together chips in AI data centers. The consortium, the Ultra Accelerator Link Consortium, is developing a standard called UALink, which connects the AI accelerator chips found within a growing number of server farms. As of Tuesday, Apple is a member of the consortium’s board, along…
AI, AI chips, Blaize, Global IT News, Global Security News, IPO 2025, Startups
The first AI chip startup to go public in 2025 will be Blaize
Blaize, an AI chip manufacturer founded by former Intel engineers, is set to IPO on the NASDAQ on January 14. © 2024 TechCrunch. All rights reserved. For personal use only.
AI, AI chips, Artificial Intelligence, bytedance, Doubao, Global IT News, Global Security News, Hardware, nvidia, semiconductors, TikTok
ByteDance appears to be skirting US restrictions to buy Nvidia chips: report
TikTok parent company ByteDance has big plans to buy Nvidia chips in 2025 — despite U.S. restrictions. ByteDance plans to spend $7 billion on the chips in 2025, according to reporting from The Information, citing inside sources. If ByteDance follows through, it will become one of the world’s top owners of Nvidia chips, despite U.S. efforts…