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Category: amd

TensorWave raises $100M to grow its AMD-powered cloud infrastructure

TensorWave, a data center provider building facilities primarily with AMD hardware, has raised $100 million as it seeks to further build out its data center infrastructure. The funding round was led by Magnetar and AMD Ventures, and brings the company’s total capital raised to $146.7 million, according to Crunchbase. Maverick Silicon, Nexus Venture Partners and…

AMD estimates $800M charge on US license requirement for AI chips

AMD says that the U.S. government’s license control requirement for exporting AI chips to China and certain other countries may impact its earnings materially. If AMD doesn’t successfully obtain a license, the company could be on the hook for roughly $800 million in inventory, purchase commitments, and related reserves charges, the company said in a…

Framework’s first desktop PC is optimized for gaming and local AI inference

Framework, the company that is better known for its modular, repairable laptops, just released its first desktop computer. It’s a small desktop PC that punches above its weight. The most interesting part is what’s inside the device. Framework is one of the first companies to use AMD’s recently announced Strix Halo architecture, also known as…

AMD pulls up the release of its next-gen data center GPUs

AMD says that it plans to launch its next major data center GPUs, the AMD Instinct MI350 series, sooner than originally announced. During the company’s Q4 2024 earnings call Tuesday, AMD CEO Lisa Su said AMD plans to sample the MI350 with “lead customers” this quarter, and “accelerate” production shipments to “mid-year.” “So, we had…

AMD unveils new chips for laptops, desktops, and gaming handhelds at CES 2025

At CES 2025 in Las Vegas, AMD unveiled a slew of new chips destined for devices ranging from desktops to gaming handhelds. AMD is riding high coming into this year’s CES. The company commanded a 28.7% share of the desktop CPU segment in Q3 2024, up 9.6 percentage points compared to the same quarter the…

How to watch CES 2025’s press conferences

CES 2025 kicks off January 7. The annual Las Vegas event sets the tone for the year’s consumer electronics and automotive industries. As always, TechCrunch will be there, sniffing stories from the most exciting startups and tech giants. If you really want a piece of the action without paying for the hotel and flight, many…

CES 2025: What to expect from the year’s first and biggest tech show

CES 2025 officially kicks off in Las Vegas on Tuesday morning, running through the end of the day on January 10. The “official” dates are specific to when the floor of the Las Vegas Convention Center is open to attendees, and ultimately belie the show’s true duration. A pair of press days kick off Sunday…

How to watch CES 2025’s press conferences

CES kicks off January 7. The annual Las Vegas event sets the tone of the year’s consumer electronics and automotive industries. As always, TechCrunch will be there, sniffing stories from the most exciting startups and tech giants. If you really want a piece of the action without paying for the hotel and flight, many of…

Liquid AI just raised $250M to develop a more efficient type of AI model

Liquid AI, an AI startup co-founded by robotics luminary Daniela Rus, has raised $250 million in a Series A led by AMD. Per Bloomberg, the round values Liquid AI at over $2 billion. Liquid AI aims to build general-purpose AI systems powered by a relatively new type of AI model called a liquid neural network. Liquid…