Applied Materials to cut 4% of global workforce as it struggles with revenue loss from China export restrictions
Company began notifying impacted workers on October 23
Company began notifying impacted workers on October 23
Companies could receive $10m in funding in exchange for government becoming a shareholder
Has added former Siemens, Synopsys, and Cadence execs to its advisory board
IBM customers can now access GroqCloud via IBM watsonx Orchestrate
Round led by Playground Global
Production represents Blackwell reaching volume production, chip giant said
Companies also working to optimize Meta’s AI infrastructure software stack
Power and cost-optimized for air-cooled enterprise servers
Chips could launch in the second half of 2026
Has sold 16.5 million shares to an entity managed by Heights Capital Management
First factory slated for completion in mid-2027
Follows reports that delays were frustrating members of the government and Nvidia executives
Will be the first Intel 18A-based server processor
Used to power IBM z17, LinuxONE 5 systems, and Power11 servers
The TX-GAIN system will be housed at the university’s Supercomputing Center
Ranked 40 on Green500 list
Follows acquisitions of Edge Impulse and Foundries.io
Will use funds to further commercialize its technology
Company announced $60bn investment in the US earlier this year
Deal to expand GSME’s global presence, company claims
Developer is HW Technology Park Development LLC, a division of Hillwood Development Company
Deal will also allow OpenAI to take a ten percent stake in the chipmaker
Startup spun-out of Caltech in 2023
Five months after the agreement was signed, no investments have been finalized or export licenses signed