AMD says it has a major advantage in the AI chip race against Nvidia: being more open. AMD has long promoted this strategy through its open-source ROCm software, used to program AI chips. Since ROCm is available as open source, it’s free for anyone to use, download, or modify. On the company’s earnings call on
Europe’s most valuable company faces a new threat after China reportedly took a step to match its unique technology that is crucial to the global chip market. Shares of ASML, the only company on the planet capable of mass producing the extreme ultraviolet lithography machines used to build next-generation chips, fell more than 5% in
AI infrastructure company Infinity on Monday announced a $15 million raise at a $100 million valuation from investors including Touring Capital, Principal VC, and researchers at companies like OpenAI and Anthropic. The startup is creating software to make it easier for AI chips to run AI models. A big reason why Nvidia became the top
