SiMa.ai, a Silicon Valley-based startup producing embedded ML system-on-chip (SoC) platforms, today announced that it has raised a $ 70 million extension funding round as it plans to bring its second-generation chipset, specifically built for multimodal generative AI processing, to market. According to Gartner, the market for AI-supporting chips globally is forecast to more than […]
White House proposes up to $8.5B to fund Intel’s domestic chip manufacturing
Well before President Joe Biden signed the CHIPS and Science Act into law back in August 2022, Intel has been a cornerstone of U.S. efforts to increase domestic chip manufacturing. This morning, the White House announced an agreement with the Department of Commerce that would deliver the silicon giant up to $ 8.5 billion to […]
SoftBank’s Masayoshi Son is reportedly seeking $100B to build a new AI chip venture
SoftBank Group’s Masayoshi Son has made no secret of his intent to double down on red-hot artificial intelligence industry. Now, he’s fundraising for his next move in that strategy. According to a report in Bloomberg, the SoftBank founder is seeking $ 100 billion to build a new venture that would compete with the likes of […]
Semron wants to replace chip transistors with ‘memcapacitors’
A new Germany-based startup, Semron, is developing what it describes as “3D-scaled” chips to run AI models locally on smartphones, earbuds, VR headsets and other mobile devices Co-created by Kai-Uwe Demasius and Aron Kirschen, engineering graduates from the Dresden University of Technology, Semron’s chips use electrical fields to perform calculations instead of electrical currents — […]
Rebellions lands $124M to develop its new AI Rebel chip with Samsung
Rebellions, a South Korean fabless AI chip startup, said today it has closed $ 124 million (165 billion KRW) in a Series B round of funding to develop its third AI chip, called Rebel. The startup will also use the new capital, oversubscribed with an initial target of $ 90 million, to ramp up production […]