Chip startup Olix raises $312m at $3.3bn valuation, backed by UK gov’t Sovereign AI venture fund
Company is developing suite of specialized inference chips which will be linked by a photonic interconnect
Company is developing suite of specialized inference chips which will be linked by a photonic interconnect
The Union says its ‘AI gigafactory’ project will unlock at least €20 billion in private investment
Tender has an estimated value of €11.6m
Company’s CEO says strength of sales has led ASML to look into increasing EUV capacity over next two years
Upgrades at the site will include installation of “leading-edge manufacturing equipment”
System set to be delivered in 2027
Claimed that the incident was caused by failure of the facility’s cooling infrastructure
System was installed in retrofitted university buildings
Company announced plans to go public in February
System will be housed in the Midlothian area
Round was led by Yotta Capital with participation from SE Ventures, Navitas Semiconductor, and Cycle Group
Will support the university’s ambitions of deploying a Top500-ranked system
Builds on progress made by legislation the bloc first introduced in 2023
Raised $1.68 billion from the sale of 28 million shares
Can support up to 1,000 low-speed and up to 32 high-speed phase shifters
Investors include Bpifrance, STMicroelectronics, and the European Innovation Council
Funds will support company’s global expansion and R&D efforts
Brings total commitments from new and existing investors to more than $146 million
Revealed by Arm CEO Rene Haas at Computex
Company’s platform uses lasers to inspect semiconductors without damaging them
Comments made by deputy co-COO Kevin Zhang during company’s Amsterdam Technology Symposium
System is powered by AMD Turin CPUs and Nvidia GH200 superchips
Plus a round up of other quantum computing news
System has been designed to fit inside a conventional 19-inch rack