Company’s second-generation MLSoC due for release in 2025

Facility to be located in Surakarta, central Java

Company received a $1.5bn valuation in February

Mass production at the plant expected by second half of 2028

Funding was extension of Series C round

Updates financial reporting structure to increase transparency

Chip manufacturer has 12 fabs in Taiwan

Company will produce processors specifically designed for LLM training

Money will be spent on upgrading homes, education, transport, and electricity grid in Eindhoven

Despite earlier delays, Arizona plant now expected to be operational by end of 2024

Department of Commerce investigating alleged sanctions breach

UCL spinout connects AI GPUs together with light

Performance records set on two new generative AI MLPerf tests

The Series B round was co-led by Samsung Catalyst Fund and Tiger Global Management

Plant is expected to be operational by 2028

The deal will help South Korean cloud company Naver reduce its reliance on Nvidia hardware

Terms of the deal have not been disclosed

List of approved technologies contains only Chinese-made solutions

Company’s LPU is world’s first pure laser-based processing unit

Probe relates to inclusion of 7nm chips in Huawei Mate 60 Pro phone

Brings company’s total funding to $70 million

New cluster will support AI research at the university

President Biden will visit Intel’s Chandler, Arizona, campus to announce the deal

The state’s construction industry has reportedly been squeezed by an influx of investments