System will be housed at the company’s IIM-1 fab in Hokkaido

SMART USA Institute aims to advance semiconductor manufacturing with digital twin technology

Acquired double the Nvidia chips as Meta, according to Omdia  

One of 27 centers expected to be established by the European Commission

Company also faces Nasdaq delisting amidst financial reporting issues

Company previously pledged $50bn investment in the country during Trump’s first term

Fifth company to finalize funding agreement

Plus a round up of other recent supercomputing news

Will be deployed by the end of 2026

Codenamed Baltra, the chips are expected to be mass-produced by 2026

Will allow up to 1,000 accelerators to be connected together as one cluster

Plus a roundup of other quantum computing news

Fourth company to finalize negotiations with Department of Commerce

Comes after chipmaker finalized CHIPS and Science Act funding

Three-pronged strategy comes with CA$2bn investment pledge

Will be coupled with JURECA DC supercomputer at Germany’s Jülich Supercomputing Centre

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

Machine will be installed in Q1 2025

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