XAI is tapping into the booming private-credit market to find the cash it needs to build massive data centers.

Elon Musk's artificial intelligence startup xAI is working with a financier to secure up to $12 billion more for its ...

This news comes roughly three months after FuriosaAI declined Meta’s $800 million acquisition offer, opting to remain ...

Riding the wave of rising artificial intelligence (AI) adoption, a Silicon Valley startup that develops AI chips is reportedly eyeing a new funding round that would give it a valuation of $6 billion.

Groq, a startup developing chips to run generative AI models faster than conventional processors, said on Monday that it has raised $640 million in a new funding round led by Blackrock. The ...

Founded in 2018, the Toronto, Ontario-based startup had been selling AI inference chips for edge environments and data centers based on its “at-memory” architecture that it said ...

AMD partners with AI startups to enhance chip and software design Cohere benefits from AMD's improved software, reducing adaptation time OpenAI influenced AMD's MI450 chip design SAN JOSE, June 13 ...

Israeli startup Hailo said HP Inc. is using its Hailo-10H chip as the basis for the PC and print giant’s new HP AI Accelerator M.2 Card for low-power devices such as point-of-sale systems and ...

Cathay Venture, the venture capital arm of Taiwan billionaire Tsai Hong-tu’s banking giant Cathay Financial Holdings, has participated in French AI chip startup SiPearl’s €130 million ($152 ...