Tag: startup

Cloud Provider Nebius Acquires AI Startup Eigen to Enhance Chip Performance

Nebius has purchased AI startup Eigen for $643 million to boost chip efficiency for AI workloads in its cloud infrastructure.

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Meta Acquires Startup Focused on AI Models for Robotics

Meta has acquired Assured Robot Intelligence, a startup developing AI models aimed at advancing robotic capabilities.

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Intel-Backed Startup Develops HB3DM Memory to Surpass HBM Bandwidth for AI Accelerators

Intel and partners introduce HB3DM memory technology promising higher bandwidth than HBM for AI accelerator memory stacks.

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OpenAI Faces Challenges Meeting Revenue and User Growth Targets

OpenAI encounters slower-than-expected revenue growth and user acquisition amid heavy investment in AI infrastructure.

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Lepton Computing Sues Samsung Over Galaxy Z Fold and Flip, Alleges Patent Infringement

Lepton Computing has filed a lawsuit against Samsung, seeking to block Galaxy Z Fold and Flip sales over alleged folding technology patent violations.

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Google Commits $40 Billion and 5 GW of Cloud Computing Power to Anthropic Amid AI Race

Google pledges $40 billion investment and supplies 5 gigawatts of cloud computing capacity to AI startup Anthropic to advance its AI development.

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Chinese Startup X Square Robot Develops Humanoid Robots for Household Tasks

Chinese company X Square Robot unveiled humanoid robots designed to handle small domestic chores like trash collection and bouquet arrangement.

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Jeff Bezos’ AI Lab Aims to Secure $10 Billion in Funding Amid Intensifying Industry Rivalry

Jeff Bezos’ artificial intelligence initiative is preparing to raise $10 billion, highlighting increased competition in the AI sector alongside Elon Musk’s ventures.

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California Startup Develops Non-Invasive Mind-Reading Headset

A California startup has created a headset that reads brain activity without requiring invasive surgery, offering new possibilities for medical and tech use.

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Former Qualcomm, Apple, and Nuvia Experts Launch Nuvacore to Pioneer Next-Gen Processor Designs

Ex-Apple, Qualcomm, and Nuvia chip architects form Nuvacore, a startup aimed at innovating processor technology and redefining silicon standards.

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OpenAI Strikes Major Deal with AI Chipmaker Cerebras, Securing Significant Computing Power

OpenAI commits over $20 billion to Cerebras for AI server usage, doubling its initial agreement for advanced computing capacity.

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Allbirds Shifts Focus to AI with Launch of NewBird AI, Driving Stock Surge

Footwear maker Allbirds pivots to AI services as NewBird AI, sparking a stock jump over 600% despite store closures and asset sales.

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