First facility is expected to be operational in 2025

Private equity firm plans to sell around half its shares

Purchase price of the Bangalore-based chip design services company was not disclosed

Machine will be made available via the cloud and on premise

Decision made after management failed to engage in pay and benefits negotiations

Said he expects the export restrictions to remain in place for several decades

Most powerful privately-owned SuperPod AI system in the country

First facility to be located in Chennai

System will be located in newly built data center at the National Technical University of Athens

Department has signed a non-binding preliminary memorandum of terms with the company

Team of Tagore engineers will join the company

Developed by researchers at Tianjin University and the Southern University of Science and Technology

Further extends program launched by department in 2023

Jean-Didier Allegrucci joins company as head of hardware engineering

Brings company’s total funding to $4.5m

Left Nvidia last month after almost seven years

Negotiations over pay and benefits have once again broken down

Company spun out of the Delft University of Technology in 2018

Brings total raised by the company to $120m

High-bandwidth memory critical component of AI chips

Company also looking to streamline its growing list of subsidiaries

Deal expected to close in 2025

Company moving to liquid cooling for high-density chips

Company claims its algorithm-specific chips are significantly faster than Nvidia’s upcoming Blackwell offering