MatX Raises $500 Million To Develop AI Chips Competing With Nvidia
Clinton / ventureburn - MatX Accelerates AI Chip Innovation AI chip startup MatX has raised over $500 million to develop hardware that can compete directly with Nvidia. The company was founded in 2022 byThe post MatX Raises $500 Million To Develop AI Chips Competing With Nvidia …
Back to Top / Tuesday, February 24, 2026, 7:21 pm / permalink 19700 / 6 stories in 10 days
Meta Signs Massive AI Chip Deal with AMD
Usman Qureshi / iphoneincanada - Meta is partnering with AMD to deploy 6 gigawatts of AI power. The deal includes custom MI450 chips and could give Meta a 10 percent stake in AMD by 2026.The post Meta Signs Massive AI Chip Deal with AMD first appeared on iPhone in Canada.
Back to Top / Tuesday, February 24, 2026, 1:21 pm / permalink 19673 / 10 stories in 10 days
Dutch AI inference chipmaker Axelera AI raises $250M
John Reynolds / tech - A Dutch chipmaker which designs and manufactures chips for AI inference use has raised more than $250m, with backing from new investor BlackRock.Innovation Industries, the European VC fund, is the lea...
Back to Top / Tuesday, February 24, 2026, 10:22 am / permalink 19649 / 5 stories in 10 days
Apple will start manufacturing the Mac mini in the US later this year
Reece Bithrey / theshortcut - With a brand new 220,000 square foot plant
Back to Top / Tuesday, February 24, 2026, 10:21 am / permalink 19647 / 8 stories in 10 days
ASML Pushes EUV Light Source to 1,000 Watts, Targets 50% More Chip Output by 2030
Maria Garcia / implicator - ASML boosted its EUV light source to 1,000 watts by doubling tin droplet rates, targeting 50% more chip output per machine by 2030.
Back to Top / Tuesday, February 24, 2026, 8:21 am / permalink 19637 / 5 stories in 10 days
AMD and Meta strike $100 billion AI deal that includes 10% stock deal — 6 gigawatt agreement includes up to 160 million AMD shares
tomshardware - AMD and Meta have announced an AI chips deal thought to be worth more than $100 billion.
- Analysts warn: circular financing and heavy dilution risks for AMD (3)
- Chips-for-equity: warrants could give Meta up to 10% (4)
- Meta diversifies from Nvidia; AMD emerges as key rival (2)
- Meta-AMD deal: 6GW MI450 deployment, shipments starting H2 2026 (7)
- All Other Stories
Analysts warn: circular financing and heavy dilution risks for AMD
Chips-for-equity: warrants could give Meta up to 10%
Meta diversifies from Nvidia; AMD emerges as key rival
Meta-AMD deal: 6GW MI450 deployment, shipments starting H2 2026
All Other Stories
Back to Top / Tuesday, February 24, 2026, 7:21 am / permalink 19631 / 21 stories in 10 days
SambaNova steps up its challenge to Nvidia with new chip, $350M funding and a powerful ally in Intel
Mike Wheatley / siliconangle - Chipmaker SambaNova Systems Inc. unveiled its most advanced artificial intelligence processor today as it closed on a bumper $350 million late-stage round of funding from Vista Equity Partners, Cambium Capital and others. Alongside the funding, SambaNova …
Back to Top / Tuesday, February 24, 2026, 6:21 am / permalink 19626 / 6 stories in 10 days