AI chip startup Groq is raising $650 million from existing investors to build out its inference cloud business, five months after licensing its hardware.
Taiwan prosecutors investigate three suspects for allegedly smuggling Nvidia AI servers to China via forged documents and Japan transshipment routes.
Brett Adcock's AI startup Hark raised $700 million at a $6 billion valuation to build a universal AI assistant with custom hardware.
Nvidia's earnings reveal AI demand is shifting from data centers to edge computing while inflation and consumer weakness threaten the sector's momentum.
Nvidia beat Q1 earnings with $1.87 EPS but its $91 billion revenue forecast fell short of elevated investor expectations.
US stock futures dropped as 10-year Treasury yields climbed above 4.6%, dragging semiconductor giants Nvidia and Micron lower.
Nvidia's Jensen Huang expects China to allow US AI chip imports after joining Trump's Beijing summit, even as his own China market share has collapsed to.
Dell Technologies added 1,000 enterprise AI server customers in one quarter, pushing its AI Factory total past 5,000 clients, while Nvidia's CEO declared demand 'utterly parabolic' at their joint keynote.
Trump says he discussed AI guardrails with Xi Jinping, with Nvidia's H200 chips on the table but Blackwell kept off limits.
OpenAI's Sarah Friar says the company may raise more capital despite record fundraising, as scarce computing power forces tough strategic trade-offs.
AI boom delivers surprise surplus for California's budget, but political clashes with D.C. overshadow fiscal relief. Newsom's final term gets unexpected.
AI chipmaker Cerebras Systems increased its IPO to $4.8 billion with shares oversubscribed 20x, pricing at $150-$160 each.
Cerebras Systems priced its IPO at $185 per share, raised $5.55 billion, and saw shares surge 81-89% in their Nasdaq debut. The offering, year's largest, valued the AI chipmaker near $40 billion and turned CEO Andrew Feldman's stake into a $3.2 billion fortune while testing investor appetite for non-Nvidia AI infrastructure plays.
Jensen Huang tells 2026 Carnegie Mellon graduates they're entering workforce at the dawn of AI revolution with unprecedented opportunity to shape future.
AI workloads are pushing semiconductor manufacturing to breaking point, forcing fabs to rethink design, supply chains, and even physics itself.
