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TM
techmeme

Ayar Labs, which is developing a way to link AI chips directly with optical connections, raised $150M, an extension of its $500M Series E in March 2026 (Stephen Nellis/Reuters)

industry
2 days ago▲ 24
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TM
techmeme

Tencent-backed AI chipmaker Enflame's shares surged 188% in their Shanghai debut, giving Enflame a market cap of $26.3B, after raising ~$910M in an IPO (Ann Cao/South China Morning Post)

industry
3 days ago▲ 24
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TM
techmeme

Sources: Microsoft plans to expand its data center capacity from 12 GW today to 38+ GW by 2032, with about a third of the 38 GW centered on AI-specific chips (Bloomberg)

industry
3 days ago▲ 24
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TM
techmeme

Positron, which is designing an AI processor called Asimov with a "memory-first architecture" and up to 2.3TB of memory, raised $875M at a $5B valuation (Robbie Whelan/Wall Street Journal)

industry
3 days ago▲ 24
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TM
techmeme

Sources: Chinese AI chipmakers Huawei, Cambricon, MetaX, and Iluvatar CoreX have raised prices for current and next-gen chips by 20%-50% due to rising HBM costs (Reuters)

industry
4 days ago▲ 24
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TM
techmeme

Celero, which is developing a chip to enable long-distance connections between AI data centers, raised $275M at a $3B+ valuation (Dina Bass/Bloomberg)

industry
5 days ago▲ 24
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TM
techmeme

How Inspur, a blacklisted China-owned company, is bypassing US export restrictions on advanced AI chips via a network of new subsidiaries and partners (New York Times)

industry
7 days ago▲ 24
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TM
techmeme

Q&A with Kai-Fu Lee on China's open-model advantage, AI's impact on jobs, US export restrictions on chips, Chinese AI's role in developing countries, and more (Mishal Husain/Bloomberg)

industry
9 days ago▲ 24
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TM
techmeme

Sources: US negotiators used the promise of access to Nvidia's chips for an Armenian data center to broker a preliminary Armenia-Azerbaijan peace deal last year (Robbie Whelan/Wall Street Journal)

industry
9 days ago▲ 24
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TM
techmeme

Sources: Abu Dhabi-based AI company G42 is exploring selling a majority stake to American companies to maintain access to advanced AI chips beyond April 2027 (Bloomberg)

industry
9 days ago▲ 24
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TM
techmeme

Microsoft unveils Project Zenith, a "distraction-free Windows experience" for developers to run 30B+ parameter models locally on devices with 64GB+ of memory (Tom Warren/The Verge)

industry
9 days ago▲ 24
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TM
techmeme

Gimlet Labs, which helps customers divide AI tasks across multiple chip types, raised $300M led by a16z at a $3B valuation, six months after an $80M Series A (Dina Bass/Bloomberg)

industry
10 days ago▲ 24
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TM
techmeme

Sources: neocloud Fluidstack closed a $1.5B round led by Jane Street at an $18B+ valuation; in July, the company announced a $750M round at a $7.5B valuation (Iain Martin/Forbes)

industry
10 days ago▲ 24
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TM
techmeme

Anker unveils the Eufy MindBase, a local AI hub for its cameras that runs an on-device, Anker-developed LLM, with a dedicated AI chip and up to 48TB of storage (Jennifer Pattison Tuohy/The Verge)

industry
10 days ago▲ 24
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TM
techmeme

A look at Kioxia's expansion in Japan's Kitakami, which helped stall the city's demographic decline and is a test of Japan's $640B AI and chips investment plan (Bloomberg)

industry
11 days ago▲ 24
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TM
techmeme

Wafer, which makes AI agents that optimize open-source models for a business's workload, raised a $40M Series A, a source says at a $200M+ valuation (Stephanie Palazzolo/The Information)

industry
12 days ago▲ 24
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rss

Nvidia’s $3.5B MediaTek bet reveals its plan for tackling Big Tech’s AI chip buildout

techcrunchindustryAI
13 days ago▲ 44
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TM
techmeme

Nvidia plans to invest $3.5B into MediaTek through convertible bonds; MediaTek forecasts AI chip revenue of about $2B this year (Bloomberg)

industry
13 days ago▲ 24
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