Starcloud has raised $250mn to put AI compute in orbit, and a large part of the money is earmarked for rockets it cannot yet book. The Series A extension values the company at $2.3bn post-money, the company said. Its total raised now stands at $450mn. …
Micron is putting $10bn into a research lab built on the premise that AI has permanently changed what memory is worth. The company announced Micron Research Labs on Thursday, headquartered in Boise, Idaho, with a planned $10bn over the next decade. It …
Nvidia is in early talks with the Korean AI chip designer Rebellions about a technical partnership, an investment or possibly an acquisition, Bloomberg reported on Friday. Jensen Huang met Rebellions co-founder and chief executive Sunghyun Park at Nvid…
Nvidia has agreed to pay Poolside $6bn to license the software the startup used to build AI models, and to offer jobs to 109 of its staff. It is also investing $1bn in what remains, at a $12bn pre-money valuation. The terms come from a letter Poolside …
DeepSeek released an experimental multimodal model on Friday and said its agent performance is close to Anthropic’s Opus-4.8. On DeepSeek’s own published table, it beats that model on three benchmarks out of eleven. DeepSeek-V4-Flash-Vision-Exp is live…
Castelion has raised $1bn at a $13bn valuation. Three SpaceX executives founded the company in 2022 to build missiles. Its first product is Blackbeard, a hypersonic strike weapon designed for quantity rather than craft. The structure repays a close rea…
Waymo has published what is in the boot of its robotaxis. A blog post on Thursday set out the architecture of its onboard computer, introduced a custom 5-nanometer chip of its own design, and named the seven suppliers it builds the system with. The com…
Relativity Networks has raised $22mn and landed a $40mn order from a large cloud provider. The company is pitching a faster kind of fibre for AI data centres. The Orlando-based company announced the funding and the commercial deal on Tuesday, in a pres…
Fractile, a British startup building chips for artificial intelligence, is in advanced talks to raise money at a valuation more than six times what it fetched three months ago, Bloomberg reported. The jump follows a deal to supply chips to Anthropic. T…
Samsung has raised prices for some of its advanced contract chipmaking by as much as 15 percent for new orders, according to a Reuters report. Two people familiar with the matter said the increases follow a surge in demand for AI chips. That demand is …