Looking for National Lab to lead research projects into quantum computing, sensing, and materials

Restricted companies accused of posing a risk to US national security

Consortium now has more than 65 members

Deal saw company valued at $1.2bn

Fund will start operating independently under a new name in the latter part of 2025

Will be housed at Los Alamos National Laboratory, New Mexico

Job postings reveal company is developing a “server solution for data center applications”

Name of customer has not been disclosed

Will seek to prohibit access to advanced AI chips and AI model weights

Arizona chips on par with those being produced in Taiwan

Beat Dell and Supermicro for the contract

Almost a year since spinout was first announced

SoftBank first expressed interest in the chipmaker back in 2021

Claims the company’s GPUs have seen a 1,000x improvement over the last decade

Industry groups warn of "significant adverse consequences" if the legislation is rushed through

The CHIPS and Science Act faces uncertain under incoming President Trump

Says will reduce TCO when compared to renting third-party AI infrastructure

Claims chips are 100x faster than “current state of the art” offerings

The SMART USA Institute will be headquartered in Durham, North Carolina

Group aims to establish an open industry standard for AI interconnect solutions

Companies reach settlement and will “explore new opportunities for collaboration”

Would make TikTok’s parent company one of Nvidia’s biggest customers

Will support the three companies' planned investments across Texas, Utah, and Arizona

Former CEO Pat Gelsinger amongst executives named in the case