NVIDIA is a semiconductor company best known for its GPUs, which are the primary compute hardware for training and running AI models. Its H100 and A100 chips power the majority of AI data centers worldwide.
Micron Technology's HBM4 memory chip is ramping production at twice the speed of its predecessor HBM3E, with full allocation for 2026. The company's fiscal Q3 2026 results crushed Wall Street estimate…
Investors are pouring billions into world models, a new AI category focused on spatial intelligence, as Stanford professor Fei-Fei Li's World Labs raised $230 million in 2024 and a larger 2026 round f…
Cerebras Systems shares fell below their $185 IPO price to around $182 on June 24 after the AI chip designer issued disappointing earnings guidance, including a forecast for Q2 core gross margins of 3…
Micron Technology CEO Sanjay Mehrotra announced that the company expects meaningful product shipments from its newly acquired Taiwan fabrication site by mid-2027, ahead of previous projections. The $1…
Qualcomm stock surged over 13% after the chipmaker raised its fiscal 2029 non-handset revenue target to $40 billion, doubling its previous goal, with over $15 billion expected from its new AI data cen…
New data from venture firm SignalFire shows engineering jobs are the most resilient in tech, with engineers comprising 55% of all new hires at major tech companies in 2025, up from 46% in 2019. Despit…
Agility Robotics, a maker of humanoid robots for warehouses, announced a $2.5 billion merger with Churchill Capital Group to go public. The company's Digit robot is already deployed in warehouses, bac…
Humanoid robot startup Agility Robotics plans to go public via a SPAC merger at a $2.5 billion valuation, making it the first humanoid-focused company to list in the US. The deal, led by former Citigr…
Micron Technology reported fiscal third-quarter revenue of nearly $42bn, quadrupling year-over-year, driven by surging demand for high-bandwidth memory used in AI accelerators. Gross margins exceeded …
OpenAI unveiled its first-generation AI chip, Jalapeño, developed with Broadcom, designed to improve LLM inference efficiency and reduce reliance on Nvidia. The chip is part of OpenAI's broader strate…
Micron Technology reported fiscal Q3 2026 revenue of $41.46 billion and adjusted EPS of $25.11, crushing Wall Street estimates by 16% and 22% respectively, driven by insatiable demand for high-bandwid…
Mirendil, an AI startup founded by former Anthropic researchers, is in advanced discussions for a $175 million funding round co-led by Andreessen Horowitz and Kleiner Perkins at a $1 billion valuation…
US investment-grade bond issuance hit a June record of $175 billion, driven by Nvidia and SpaceX's $25 billion bond sales each, as technology companies borrow heavily to fund AI infrastructure. The su…
OpenAI and Broadcom unveiled Jalapeno, OpenAI's first custom AI chip, designed for inference tasks in ChatGPT and other services. The ASIC chip, developed in nine months, aims to reduce costs and impr…
Qualcomm announced Meta as the first named customer for its Dragonfly C1000 data centre chip, set for 2028, and confirmed a $3.9 billion acquisition of AI software startup Modular. The moves signal Qu…
Nvidia CEO Jensen Huang told shareholders that national security takes precedence over commercial opportunities and that data centers built with smuggled Nvidia chips will fail without company support…
Qualcomm is expected to announce a new AI initiative, including new customers for its AI chips, as it seeks to challenge Nvidia's dominance in the market. The move comes amid pressure in the smartphon…
OpenAI has taped out its first custom inference chip, named Jalapeño, built with Broadcom. The ASIC is designed to reduce inference costs for serving LLMs, following the vertical-integration strategy …
OpenAI unveiled Jalapeño, its first in-house AI chip developed with Broadcom, to reduce reliance on Nvidia and lower costs. The application-specific integrated circuit (ASIC) aims to accelerate OpenAI…
Runpod, a cloud startup renting AI computing power, raised $100 million in a funding round led by Summit Partners, reaching a $1 billion valuation—a tenfold increase in under two years. The company do…