Nvidia declined to comment, while xAI did not immediately respond to a request for comment | Photo Credit: REUTERS Elon…
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Nvidia to finance Elon Musk’s xAI chips as part of $20 billion deal
Elon Musk’s artificial innotifyigence startup xAI is raising more financing than initially planned, tapping backers including Nvidia Corp. to lift…
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Musk’s xAI nears $20 billion capital raise tied to Nvidia chips, Bloomberg News reports
(Reuters) –Elon Musk‘s AI startup xAI is raising more financing than initially planned, including an equity investment from Nvidia, to…
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OpenAI could acquire 10% of AMD trough multi-year partnership on AI chips
AMD and OpenAI announced a multi-year partnership for the supply of AI chips on Monday, which opens up the possibility…
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EU member states concludeorse Semicon Declaration ahead of EU Chips Act review
Ireland has officially concludeorsed the Semicon Declaration which was formally presented to the European Commission this morning. Ireland, along with…
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EU states rally around Dutch chips coalition in bid for Chips Act 2.0
(Reuters) -All of the European Union’s member states have entered a Dutch-led chips coalition that is pushing for revisions to…
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How Coke bottles and Lay’s chips assisted Paytm grow into a ₹75,000 crore company
Long before Paytm became the ₹75,000 crore company it is today, its growth was fuelled not just by large bets…
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How Coke bottles and Lay’s chips supported Paytm grow into a ₹75,000 crore company
Long before Paytm became the ₹75,000 crore company it is today, its growth was fuelled not just by huge bets…
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Intel to cut jobs, exit auto chips as cost pressures mount and global projects face delays
Intel has begun executing a new round of layoffs announced two months ago by CEO Lip-Bu Tan as the chipbuildr…
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Samsung-Backed Axelera AI Seeks €150M to Strengthen European AI Chips
Axelera AI, a startup chipbuildr backed by Samsung Electronics Co. and the European Union, is in talks to raise more…
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