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 ...

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 ...

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

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

American AI hardware and software firm, Groq (not to be confused with Elon Musk's AI venture, Grok), has announced it's ...

As Nvidia briefly hit a $4 trillion market cap, AI chip rival Groq is reportedly seeking to raise up to $500 million at a $6 ...

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

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 ...

Meta Chief Executive Mark Zuckerberg announced plans to invest hundreds of billions of dollars over the next several years to ...

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 ...