Memory chips only segment of company’s Device Solutions business that saw growth in the quarter

Funding round led by Thomas Tull's US Innovative Technology Fund

Comments made on company’s Q1 2026 earnings call

Company is still evaluating locations in the state of Telangana

Funding round was led by Koch Disruptive Technologies (KDT)

Previous round from 2024 raised $640m at a $2.8bn valuation

Mullally served as UK government advisor before joining quantum firm in 2022

But lawmakers still unhappy with the decision to grant export licenses to China

Violations occurred between 2015 and 2021, Department of Commerce claims

Number doubles in one month thanks to reasoning models

The SpiNNcloud Server System will comprise 656,640 cores

CCG revenue drops three percent despite absorbing Edge business, as 'step in the right direction' leaves networks behind

Powered by 384 of its Ascend 910C chips, Huawei’s CloudMatrix servers offer more memory and bandwidth than Nvidia’s GB200 NVL72 at the cost of considerably more power

Deal is worth $950m, with $50m to be paid on completion of technical milestones

Eight-year deal was confirmed by Tesla CEO Elon Musk on X

The $50 million project will be funded by private and public investment

Claims costs of chips made at Arizona fab are between 5 and 20 percent higher than those produced in Taiwan

Cluster used by company’s SB Intuitions subsidiary now contains more than 10,000 GPUs

Comments made during Trump’s speech introducing US government’s new AI Action Plan

Offers on-device supports for LLMs and VLMs

Company raised $59 million during Series B funding round

The system, named Magne, is expected to be operational by 2027

Amid Zuckerberg's hiring spree

Company has also made 20-qubit Garnet QPU available on the platform