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Chip startup SambaNova raised $1 billion at an $11 billion valuation, underscoring investors’ conviction in rising demand for infrastructure tied to AI. SambaNova CEO Rodrigo Liang...
Bloomberg’s Ed Ludlow breaks down Samsung’s quarterly profit that surged on memory demand, and why it still wasn’t enough for investors. Plus, Amazon is back in...
Ondas, which develops drones and secures wireless communications, has agreed to buy autonomous aircraft maker DZYNE Technologies in a cash-and-stock deal worth over $875 million, which...
Bloomberg’s Ed Ludlow breaks down Apple’s big bet on Broadcom for the future, extending its custom chip partnership through 2031. Plus, Microsoft eyes a massive reorganization...
Runway is going global, with the AI video company opening new hubs in London, Tokyo, and Paris, and plans to invest nearly $300 million over the...
Broadcom will provide new custom chips to Apple in an expanded partnership that now runs through 2031. The companies will partner on ASIC silicon, which will...
Bloomberg’s Ed Ludlow breaks down reports that OpenAI is holding early-stage discussions about giving the US government a 5% equity stake. Plus, Tesla’s delivery numbers rose...
Valar Atomics, a California-based nuclear startup, generated power from an advanced reactor to run an Nvidia AI chip. While just a trickle of electricity was produced,...
Microsoft is mobilizing 6,000 employees in a new unit aimed at helping enterprise clients better utilize AI. Judson Althoff, CEO of Microsoft’s commercial business, discusses what...
Bloomberg’s Ed Ludlow breaks down Meta’s plans to develop its own cloud infrastructure business aimed at selling access to AI computing power and models. Plus, the...
