SambaNova completed a $1 billion funding round at an $11 billion valuation led by General Atlantic, and signed JPMorganChase as a customer for its AI inference systems. The company plans to use the fu…
Syntiant Corp., an Irvine-based chipmaker specializing in low-power AI processors for earbuds and hearing aids, filed for an IPO on July 6 amid a Wall Street selloff of AI chip stocks. The company, ba…
Oxmiq, founded by Raja Koduri, raised $35 million to develop OxCore, a licensable GPU IP built on RISC-V that enables CUDA and PyTorch code to run on non-NVIDIA hardware without modification. The comp…
AI surveillance systems in U.S. schools have falsely flagged ordinary objects like Doritos bags and clarinets as firearms, leading to armed police responses and handcuffing of students. The incidents …