Comes after chipmaker finalized CHIPS and Science Act funding

Company valued at $2.6bn

Plus a roundup of other supercomputing news

Will use funding to grow its workforce and further develop its forthcoming photonics processor

First phase of planned £1bn cash injection

Two interim CEOs have been appointed until a replacement is found

Challenges facing the company were publicly acknowledged by executive chairman Lee Jae-yong at his trial

Company will receive $7.9bn

The photonics computing company is working with GlobalFoundries, ASE, and Amkor on the production of its hardware offering

Two hardware announcements were made by Nvidia at this year’s Supercomputing conference in Atlanta

Forms part of the Brazilian Artificial Intelligence Plan

Quantum startup will work with Leibniz Supercomputing Centre and Max-Planck-Institute of Quantum Optics on the project

Would offer subsidies and exempt semiconductor companies from working hours cap

System is set to go live in July 2025

Questions have been raised over tender process

Second time explosive materials have been found at the site

Five-qubit machine is room-temperature operable

Decision affects advanced AI chips

Will increase agency’s compute power to more than 6.5 petaflops

Company’s lack of data center server design experience could cause issues

Deal will allow India’s Tessolve to expand its footprint in Europe

Biden administration keen to complete negotiations before the end of his term

Ministers undecided about how the funds should be reallocated

Chipmaker faces rising energy bills in Taiwan due to lack of viable alternative energy sources in the country