
AI chip startup MatX secures $500M to take on Nvidia
AI chip startup MatX has raised $500 million to develop high-performance processors aimed at challenging Nvidia in the fast-growing artificial intelligence hardware market.
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AI chip startup MatX has raised $500 million to develop high-performance processors aimed at challenging Nvidia in the fast-growing artificial intelligence hardware market.

Meta reportedly strikes a deal worth up to $100 billion with AMD to secure advanced AI chips, accelerating its push toward personal superintelligence and large-scale AI infrastructure.

Sam Altman says concerns about AI energy use should be weighed against the massive energy consumption of human labour and modern economies.

UAE-based G42 partners with Cerebras to deploy 8 exaflops of AI compute capacity in India, strengthening the country’s high-performance computing and AI infrastructure.

Rising electricity demand from AI data centres is driving growth for Redwood Materials’ energy storage division, as utilities seek battery solutions to stabilise the grid.

SoftBank plans to invest $33 billion to build a massive natural gas power plant in the United States, aiming to secure a stable energy supply amid rising demand for AI and data centres.

Reliance Industries announces a $110 billion AI investment plan to build large-scale data centres, AI infrastructure, and digital services, reinforcing India’s push to become a global…

OpenAI partners with Tata to secure 100MW of AI data centre capacity in India, with plans to scale up to 1GW as demand for AI infrastructure surges.

DG Matrix has raised $60 million to modernise data centre power infrastructure, aiming to improve energy efficiency, reduce losses, and support the growth of AI-driven computing.

Former SpaceX executives secure $50M in Series A funding to build advanced data centre connectivity solutions to support AI infrastructure growth.

Running AI models increasingly depends on high-bandwidth memory, GPU capacity, and advanced chip design as developers race to overcome bottlenecks in large-scale AI workloads.

India is targeting more than $200 billion in AI infrastructure investment by 2028, with a focus on data centres, semiconductor capacity, cloud expansion, and high-performance computing.