Alphabet, Google’s parent company, is designing a new server chip to help its internal Gemini models run more efficiently. The new chip, internally called “Frozen v2,” is scheduled to launch sometime in 2028, The Information reported, citing anonymous sources. According to the report, the chip could be six to 10 times more efficient than Google’s
Stop me if you’ve heard this before: An AI-linked company crushed earnings forecasts, but investors weren’t impressed and the stock sank anyway. It turns out that the market was more focused on the company’s extravagant spending plans. A tough shot, right? Well, it’s been happening with some regularity, including twice this month. Taiwanese chipmaker TSMC
South Korean computer chip maker SK Hynix has raised $26.5bn (£19.8bn) in its share offering in New York, marking the largest listing ever by a foreign company in the US. The company, a key supplier to artificial intelligence (AI) chip giant Nvidia, said on Thursday it had sold 177.9 million American depositary shares for $149
The race to produce more chips has begun, and Europe is in it. ASML, the Dutch company that has a near monopoly on manufacturing the machines used to make chips, will soon cease to be an isolated success story. Like its American counterpart, the European Chip Law aims to encourage the semiconductor industry, partly thanks
AI chip company SambaNova Systems has raised $1 billion at an $11 billion valuation led by General Atlantic, in a first close of its Series F round, with more investors expected to join soon. “In the coming weeks, a few more investors will arrive and the second lockdown is likely to end,” Rodrigo Liang, CEO
In April, Reuters reported that Anthropic was toying with the idea of producing its own AI chips as a way to respond to the chip shortage. Now it seems that the company is taking this idea seriously. On Thursday, The Information reported that Anthropic was in contact with Samsung to explore a collaboration around the