Brief
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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TransportationAutonomous driving startup Wayve secures $1.2B from Nvidia, Uber and major automakers.
Wayve has raised $1.2 billion from Nvidia, Uber and three global automakers to accelerate development of its AI-powered self-driving technology platform.
AIExclusive: Positron Raises $230M Series B to Take On Nvidia’s AI Chips
Semiconductor startup Positron has raised $230M in a Series B funding round to scale its AI inference chips and reduce reliance on Nvidia hardware.
BriefIntel Will Start Making GPUs, a Market Dominated by Nvidia
Intel plans to begin producing GPUs, entering a market dominated by Nvidia as it expands beyond CPUs and targets AI and data centre demand.
AINvidia CEO pushes back against report that his company’s $100B OpenAI investment has stalled
NVIDIA CEO Jensen Huang rejected reports that the company is backing away from its planned $100 billion investment in OpenAI, calling the claims of friction “nonsense.”
AIThe AI infrastructure boom shows little sign of easing
Spending on AI infrastructure continues to surge as chipmakers and data centre suppliers report record orders, signalling sustained demand driven by artificial intelligence.
AIYouTubers Sue Snap Over Alleged Copyright Infringement in AI Training
A group of YouTube creators has filed a class action accusing Snap of using their videos without permission to train AI models powering features such as the Imagine Lens.
AINvidia Invests $2B in CoreWeave to Add 5GW of AI Computing Capacity
NVIDIA is investing $2 billion in CoreWeave to accelerate the expansion of AI data centres and help the company build more than 5 gigawatts of AI compute capacity by 2030 in a deepening…
AIAnthropic’s CEO stuns Davos with Nvidia criticism
Anthropic CEO drew attention at Davos after openly criticising Nvidia’s growing influence in the AI ecosystem, sparking debate among global tech and policy leaders.
AIThe US imposes 25% tariff on Nvidia’s H200 AI chips headed to China
The United States has announced a 25% tariff on Nvidia’s H200 advanced AI chips exported to China, targeting foreign-made semiconductors routed through the US.
BriefRobotics software maker Skild AI hits $14B valuation
Skild AI has raised a $1.4 billion Series C round, pushing its valuation above $14 billion, as the robotics software startup continues to develop general-purpose foundation models that…
AINvidia Asks Chinese Customers to Pay Upfront for H200 AI Chips
Nvidia is reportedly requiring Chinese customers to pay in full upfront for its H200 AI chips amid regulatory uncertainty.