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AMD to invest up to $5 billion in Anthropic; AI startup to buy up to 2 GW of chipsAMD has been seeking to expand its foothold in the fast-growing AI chip market as developers look to diversify beyond Nvidia, while Anthrop...
White House accuses China's Moonshot of stealing Anthropic AIA top White House official on Wednesday accused Chinese AI startup Moonshot AI of covertly copying Anthropic's most advanced model to build...
AMD to invest up to $5 billion in Anthropic; AI startup to buy up to 2 GW of chipsAMD plans to invest up to $5 billion in Anthropic, alongside a major AI chip supply deal starting 2027. The move strengthens AMD’s position...
Global Market: Chinese tech firms raise over $27 billion in Hong Kong to fuel AI, chip expansionChinese technology firms are actively raising substantial funds in Hong Kong. These companies are financing growth in artificial intelligen...
Microsoft to fund Mistral's European AI expansion in multibillion-dollar dealAs part of the agreement, Microsoft Azure customers will be able to develop software using Mistral's data centers in France, giving Microso...
Moonshot is creating new winners and losers in the AI tradeThe Chinese startup unveiled Kimi K3 on Friday, a model that it says delivers performance that rivals top-tier offerings from OpenAI and An...
UK government, Jeff Bezos back CuspAI's $450 million round as startup seeks to discover new materialsBritish startup CuspAI secured four hundred fifty million dollars from investors. This funding will advance its mission to discover new mat...
China's DeepSeek to raise fresh capital at $74 billion valuation ahead of onshore IPOThe plan comes just weeks after the Hangzhou-based company, which drew global attention with its low-cost AI models in 2025, raised about $...
Wall Street's chip index enters bear market! Is the AI bubble finally going bust?Wall Street's semiconductor index slipped into bear market territory after tumbling more than 20% from its June peak, raising fresh questio...
Chipmakers and other high-flying stocks slide as AI trade wobblesAs July commenced, global tech stocks faced a notable decline, predominantly driven by chip shares. This drop indicates investor profit-tak...
Apple chasing AI chip company deals, The Information reportsApple is reportedly exploring acquisitions of chip companies to enhance its AI server processors. The tech giant faces performance challeng...
China's DeepSeek to raise fresh capital at $74 billion valuation ahead of onshore IPOThe plan comes just weeks after the Hangzhou-based company, which drew global attention with its low-cost AI models in 2025, raised about $...
US official says Nvidia has begun shipping powerful H200 AI chips to ChinaIn May, Reuters reported the Commerce Department had cleared around 10 Chinese firms to buy the H200, but no deliveries had been made at ...
AI startup Reflection signs over $1 billion computing deal with NebiusThe move builds on Reflection's June agreement with SpaceX for computing capacity, a deal that media reports said would see the startup p...
China's DeepSeek considers new fundraising after first roundChinese AI startup DeepSeek is considering another funding round. This comes just one month after closing its initial financing. The compan...
US chip startup SambaNova scores billion-dollar funding roundAmerican AI chip startup SambaNova secured $1 billion in new funding. This investment values the company at an impressive eleven billion do...
AI chip startup Rebellions targets IPO in Korea next year, followed by potential US listing: CEOSouth Korean AI chip startup Rebellions plans its initial public offering next year, said the company's chief executive Park Sunghyun. The...