Platform consists of six Nvidia H200 GPUs and 52 Nvidia L40S GPUs

Broadcom’s investment in initial project phase reportedly tied to Microsoft purchase commitments

Chip giant also said customer demand for its new Arm AGI CPU has hit $2bn

Despite significant double-digit data center growth, total revenue remained flat quarter-on-quarter

Company says acquisition will boost its AI and data center product offerings

Chipmaker has also hired former Qualcomm exec Alex Katouzian to oversee its Client Computing & Physical AI Group

Project overseen by company formerly known as Bitfarms now heads to Mercer County Regional Planning Commission for approval

Startup designs custom application-specific photonic chips

Social media giant says it will deploy “tens of millions” of Graviton5 cores in support of agentic AI workloads

Shares in the company rose 20 percent after results were published

Financial terms of the deal have not been disclosed

World’s richest man also detailed how production at the fab will be divided between Tesla and SpaceX

Former Intel CEO Pat Gelsinger joins company’s board of directors

“Purpose-build architectures” designed to support model training and inference workloads

Follows announcement that Broadcom will develop Google TPUs until 2031

Company was launched by Rigetti Computing founder in 2024

Potential for additional shares to be issued if DustPhotonics hits certain financial milestones

Comes a month after Meta unveiled next four generations of its AI training and inferencing chips

The Ising calibration and decoding tools aim to tackle quantum error correction

Plans still said to be in early stages however, with Anthropic yet to put a dedicated team together

Company will work with the state’s Capital of Quantum initiative on the project

Financial terms of agreement have not been shared

Oversubscribed Series G round has valued the startup at $3.65bn

Release is a response to growing customer interest in the system, company claims