ai chips - Tech News from Simmons Systems

Tech News from Simmons Systems

ai chips

A collection of 102 posts

Jensen Huang Says Nvidia Can Grow Revenue 70% Next Year

Nvidia CEO Jensen Huang says his company's record-breaking growth will continue through the end of next year, reiterating at the Goldman Sachs Communacopia + Technology conference that revenue could grow 70% year over year. Analysts expect Nvidia to close its current fiscal year at about $400 billion, so that

Nvidia Bets $3.5 Billion on MediaTek to Anchor Custom AI Chips in Its Ecosystem

Nvidia invests $3.5 billion in Taiwanese chipmaker MediaTek as part of a strategic deal that lets MediaTek design custom chips for AI companies and hyperscalers using Nvidia's technology. The partnership gives MediaTek access to Nvidia's NVLink Fusion ecosystem, allowing custom chips — even non-Nvidia ones — to

Nvidia Nears $13 Billion Deal to Acquire Open-Source AI Hub Hugging Face

Nvidia has agreed to buy Hugging Face for $12.9 billion, according to a report from The Information. Business Insider, which first reported the takeover interest over the weekend, notes that the talks value the company at more than $13 billion but have not yet produced a signed agreement, meaning

Anthropic Builds Custom AI Chip Design Team to Scale Claude

Anthropic is building a dedicated team to design its own custom AI chips, a move the company confirms will allow it to co-design hardware and models for faster, more efficient performance. The Claude maker has previously secured computing deals with major players including AWS, Google, Nvidia, and AMD, but apparently

Apple's Canceled Car Project Sparks Powerful AI Chip Legacy

Apple's ambitious self-driving car project never makes it to production, but its technological legacy lives on in the company's current chip lineup. During early development of the vehicle platform, Apple realizes that autonomous driving demands powerful on-device AI processing. Though the dedicated car processor remains unfinished,

SK Hynix Raises $26.5 Billion in Largest Foreign IPO in U.S. History

SK Hynix, the South Korean memory chip giant, raises $26.5 billion in its U.S. market debut, marking the largest-ever IPO by a foreign company on American soil. The offering surpasses Alibaba's record-setting $25 billion IPO from 2014. Shares open 14% above the IPO price amid massive

SambaNova Raises $1 Billion at $11 Billion Valuation in Series F

AI chip company SambaNova Systems secures $1 billion at an $11 billion valuation in the first close of its Series F round, led by General Atlantic. CEO and co-founder Rodrigo Liang says additional investors are expected to join in the coming weeks, with a second close likely finalizing soon. The

Meituan Trains 1.6T-Parameter AI Model Without Nvidia GPUs

Meituan releases LongCat-2.0, a 1.6-trillion-parameter foundation model built on a Mixture-of-Experts architecture with approximately 48 billion activated parameters per token. Before its official debut, the model reportedly appears on OpenRouter under the anonymous name Owl Alpha, where it climbs into the top three by total usage and ranks

Anthropic Explores Custom AI Chip Partnership with Samsung

Anthropic is in discussions with Samsung to explore a potential collaboration on a custom AI chip, according to a report from The Information. The talks signal that Anthropic is getting more serious about producing its own chips, an idea first reported by Reuters in April as a response to ongoing

Huawei Launches Ascend AI Chips to Challenge Global Chipmakers

Huawei commercially releases its Ascend 910 and Ascend 310 artificial intelligence chips, along with the MindSpore computing framework, to compete in the rapidly growing AI hardware market.

AWS Unveils Amazon Q Assistant and Custom AI Chips at re:Invent

Amazon Web Services expands its AI portfolio with the launch of Amazon Q, a generative AI assistant for cloud operations, alongside new custom Trainium chips. The announcements highlight AWS's push to support the entire AI lifecycle from infrastructure to applications.

Nvidia and TSMC Produce First US-Made Blackwell Wafer in Arizona

Nvidia and TSMC successfully manufacture the first Blackwell wafer entirely on U.S. soil at TSMC's Arizona facility. This milestone represents a major early step toward reshoring advanced AI chip production to America.

NVIDIA and TSMC Unveil First Blackwell AI Wafer Made in America

NVIDIA and TSMC celebrate the first Blackwell wafer produced at TSMC's Arizona facility, marking a major step in onshoring advanced AI chip manufacturing. This milestone signals the start of volume production for the highly anticipated architecture.