Tag: AI chips

Kestra Holdings Expands India Presence with New Bengaluru Capability Centre

US-based wealth management company Kestra Holdings has inaugurated its Global Capability Centre (GCC) in Bengaluru, expanding its presence in India. The new centre will focus on technology, data, analytics and artificial intelligence, supporting the company's global operations. The Bengaluru facility will work alongside teams from Kestra Holdings, Kestra Financial and Bluespring Wealth based in Austin and Phoenix in the US. The centre is expected to...

JSW Outlines ₹50,000 Crore Investment Plans in West Bengal

JSW Group is planning investments of nearly ₹50,000 crore in West Bengal across power, ports, cement, steel and other industrial businesses. Chairman Sajjan Jindal shared the plans after meeting Chief Minister Suvendu Adhikari at Nabanna in Kolkata on Wednesday evening. The proposed investment includes around ₹40,000 crore for the power sector and another ₹10,000 crore across other businesses. The meeting was Jindal's first with Adhikari...
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Meta Secures 1.6 Gigawatts of AI Computing Capacity in Strategic Crusoe Deal

Meta Platforms has intensified its pursuit of artificial intelligence infrastructure by finalising new agreements with data centre developer Crusoe to secure approximately 1.6 gigawatts...

Mythic’s $125M Funding for Efficient AI Inference Chips

Mythic, a Palo Alto-based AI chip startup, has raised $125 million to develop analog processing units that deliver up to 100 times greater energy...

Semiconductor Engineering Outsourcing to Hit $16B by 2030

The global semiconductor industry is entering one of the most aggressive expansion cycles in its history, and engineering outsourcing is emerging as a critical...

Tsavorite Secures $100 Million in Pre-Orders for Omni Processing AI Chips

AI hardware startup Tsavorite Scalable Intelligence has secured over $100 million in pre-orders from enterprises and cloud providers across the U.S., Asia, and Europe...

Anthropic Expands Google Deal for One Million AI Chips

AI research firm Anthropic has announced an expanded partnership with Google, securing access to one million Tensor Processing Units (TPUs) in a deal valued...

Intel Unveils Crescent Island AI Chip for 2026

Intel has announced its return to the artificial intelligence chip race with the launch of Crescent Island, a new GPU designed for AI data...

OpenAI Partners with Broadcom to Build Custom AI Chips

OpenAI has entered into a landmark partnership with Broadcom to design and produce its first in-house AI processors, marking a major strategic shift in...

Cerebras Expands to UAE for Global AI Data Center Push

California-based Cerebras Systems is expanding its AI infrastructure to the United Arab Emirates, a move that will strengthen the region’s position as a global...

Cerebras Raises $1.1B at $8.1B Valuation

Cerebras Systems, the AI chip company known for building some of the world’s largest processors, has raised $1.1 billion in an oversubscribed Series G...

Corintis Raises $24M for AI Chip Cooling

Swiss semiconductor startup Corintis has raised $24 million in Series A funding to scale its microfluidic cooling systems — a breakthrough solution for the...

Microsoft Debuts AI Chip Cooling That’s 3x More Efficient

As AI models become more powerful, the chips that run them are generating unprecedented heat — and that’s emerging as a critical bottleneck in...

Nvidia to Pump $100B into OpenAI for Chip Partnership

Nvidia is set to invest up to $100 billion in OpenAI as part of a sweeping deal that deepens the strategic interdependence between two...