Imagination shifts AI strategy and abandons NPUs — company secures $100M in financing
Imagination Technologies, the company nowadays most known for its GPUs used by Apple’s iPhones and iPads, has just made a giant leap […]
Tag: Tech Industry
Winner of CHIPS Act grant sold home to start the company 21 years ago — Rogue Valley Microdevices awarded $6.7M to expand operations
Jessica Gomez, chief executive of Rogue Valley Microdevices, co-founded the company 21 years ago with her husband by using $180,000 from the […]
China’s new export controls on key chipmaking materials could lead to chip pricing hikes
China has announced new export controls on antimony, a metal used in semiconductor manufacturing, starting September 15, 2024. From now on, exports […]
AMD aims to catch up to Nvidia in AI battle with $4.9B acquisition — chipmaker strengthens AI ecosystem with ZT Systems’ expertise in server design
AMD has agreed to pay $4.9 billion to acquire ZT Systems, which designs and manufactures equipment for artificial intelligence (AI) and cloud […]
Magdeburg politicians raise concerns about possible Intel fab cancellation — plans drawn up for anchor investor withdrawal
Uncertainty regarding Intel’s fab building commitment in Germany has started to ratchet up over recent days. The PC chipmaker has been preparing […]
Ola Electric announces India’s first AI chip — Bodhi 1, Ojas, and Sarv 1 slated for 2026 and Bodhi 2 for 2028
Ola Electric, one of India’s biggest electric two-wheeled vehicle manufacturers, just announced the launch of its AI chips. Three chips are expected […]
New regulations require foreign entities to seek approval when investing in Japanese semiconductor manufacturing
The Japanese Ministry of Finance (MOF) today announced that foreign investors must now “file a prior notification for screening” when making an […]
Cryptominers made $100,000 from mining at an Airbnb for three weeks — the guests ran up a $1,500 electricity bill
A popular Airbnb host has been forced to implement a bizarre new rule when renting her house to guests: no crypto-mining. The […]
Geekbench AI gets renamed, hits version 1.0
Geekbench is moving its artificial intelligence benchmark to prime time. Developer Primate Labs is pushing the newly renamed Geekbench AI (previously called […]
Huawei already has a new chip to rival Nvidia’s AI GPUs — Ascend 910C aims to replace Nvidia’s Blackwell in China
Huawei is prepping its Ascend 910C, another AI chip aimed at the Chinese market and designed to compete against Nvidia’s offerings, such […]