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Nous Research Inc., the developer of the popular Hermes artificial intelligence agent, today announced that it has raised 90 million in funding. Early-stage startup fund Robot Ventures led the Series

The South Korean government today announced a 900 trillion won, or 584 billion, initiative to grow the country’s chip manufacturing capacity. Officials also plan to build about 357 billion worth of ar

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For years, the workday looked remarkably consistent. Employees logged into devices, opened browsers and toggled across a dozen disconnected applications. Users acted as the bridge between apps, copyin

French artificial intelligence lab Mistral AI SAS today announced that it has raised €3 billion, or about $3.49 billion, in funding. Samsung Electronics Co. Ltd. led the investment. It was joined by m

Velaura AI Inc., a developer of low-power artificial intelligence chips, today announced that it has raised 110 million in funding. Seligman Ventures led the Series A round. It was joined by Samsung C

SK hynix Inc., the South Korean firm that rivals Samsung Electronics Co. Ltd. and Micron Technology Inc. as one of the world’s top memory chipmakers, said today it will sell almost 17.8 million shares

Meir Orbach / CTech: Israeli startup ZutaCore, which builds direct-to-chip liquid data center cooling systems, raised a 100M Series C from Mitsubishi and more at a 600M valuation — Samsung, Mitsubishi

Taiwan Semiconductor Manufacturing Co. today posted better-than-expected financial results for the third quarter, but its shares nevertheless dropped 2%. The dip is tied to a broader selloff in artifi

Broadcom Inc. is reportedly seeking to borrow up to 100 billion as part of a new artificial intelligence chip financing deal. Bloomberg today cited sources as saying that the debt is intended to suppo

Anthropic PBC today disclosed that it plans to develop a custom artificial intelligence chip. A spokesperson told Business Insider that the company will co-design the processor with its future large l

OpenAI’s Codex, an AI‑powered coding engine, has surged beyond the developer community to reach over 10 million users—combining Codex with its new “ChatGPT Work” platform that turns the model into a g

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Wen-Yee Lee / Reuters: Filing: TSMC sold its remaining 1.11M Arm shares at 207.65 per share for a total of ~231M this week; TSMC invested ~100M in Arm's 2023 IPO at 51 per share — Taiwan Semiconductor

Bloomberg: The AI boom has pushed the market cap of Shenzhen-listed Zhongji Innolight, a leading optical communications device maker, close to $146B, a record high — Chinese optical stocks are attract

Greg Bensinger / Reuters: Internal memo: Amazon is replacing white-collar job titles at its Ring and Blink units with the designation “builder”, and “builder leaders” for managers — During Amazon's (A

Taiwan Semiconductor Manufacturing Co. today posted first-quarter revenue and profit numbers that topped the consensus estimate. The company’s data center and consumer device chip businesses played a

Dylan Butts / CNBC: TSMC reports Q1 revenue up 35.1% YoY to ~35B, net income up 58.3% YoY to ~18B, both above est., and says 7nm or smaller chips were ~74% of its wafer revenue — Taiwan Semiconductor

Jeff John Roberts / Fortune: Warehouse robotics startup Ultra raised a 12M seed and a 50M Series A, and expands its deal with Physical Intelligence to supply AI software for its robots — Finance edito

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Bloomberg: Sources: Abu Dhabi-based AI company G42 is exploring selling a majority stake to US companies, hoping to safeguard access to advanced AI chips beyond April 2027 — Executives at Abu Dhabi-ba

Anna Tong / Forbes: Sources: AfterQuery, which sells coding and finance training data to AI labs, has hit a valuation of 3.2B, up from 300M in April, and is profitable — Twenty three year-old Spencer

Reuters: Sources: Anthropic discussed buying AI chip startup MatX for ~7B, but talks are no longer active; MatX is now seeking to raise new capital at a ~4B valuation — Anthropic discussed buying arti

Julia Hornstein / The Information: Anthropic-backed enterprise AI venture Ode is acquiring four-year-old AI consultancy Casper for an undisclosed fee; Ode has 100+ staff after buying Fractional — A jo

Anthropic is hiring a custom silicon team to design proprietary chips that will power its Claude models, while still planning a multi‑chip strategy that mixes internally designed hardware with compone

Artificial intelligence chipmaking startup Oxmiq Labs Inc. says it wants to become the next Arm Holdings Plc. after raising 35 million in an early-stage A funding, bringing its total amount raised to

South Korea announced a massive government-backed investment plan totaling 1 trillion across three pillars: semiconductors, AI data centers, and physical AI robotics, to position the country as a lead

Fast-growing world model startup Patronus AI Inc. is priming itself for even more rapid growth after raising 50 million in Series B funding today. The round was led by Greenfield Partners and saw the

China Xin Memory Technologies (CXMT) is positioning itself as a competitor to established DRAM manufacturers through domestic production capabilities and technological development. The article likely

Dan Gallagher / Wall Street Journal: Memory chip makers are leveraging their newfound power to secure long-term agreements, a move set to reshape the industry's business model and stabilize prices — M

Meta Platforms Inc. and Ray-Ban will finally have some competition on their hands. At Google I/O 2026 today, Google LLC gave us a quick look at its first upcoming “intelligent eyewear” products, which

Agentic AI inference at one-tenth the cost per token with NVIDIA Vera Rubin NVL72. Agent sandboxes run 50% faster on NVIDIA Vera than traditional CPUs — while enterprise data queries are up to 3x fast

Graphon Inc., a startup with technology that makes artificial intelligence models better at processing large datasets, launched today with 8.3 million in funding. Novera Ventures led the seed round. I

Bloomberg: How the Strait of Hormuz blockade is disrupting global chip supply chains, affecting supplies of helium, bromine, sulfur, and thinners essential to chipmaking — Asian chipmakers, including

Dedicated inference cloud startup Deepinfra Inc. is looking to expand its global capacity after raising 107 million in a Series B round of funding led by 500 Global and Georges Harik, who was one of G

Counterpoint Research: Apple shipped 71.6% of all smartphones with satellite connectivity in 2025; smartphones with satellite connectivity to reach 46% of global shipments by 2030 — - Driven by premiu

Chris Welch / Bloomberg: Motorola unveils its 2026 foldables lineup, including its first book-style model, which costs 1,900; prices for clamshell models have gone up by up to 200 — The company's clam

Today at Google Cloud Next, we’re announcing new capabilities in Google Distributed Cloud (GDC) that bring Gemini and our advanced AI stack to wherever your data is, so you don’t need to compromise be

Dylan Butts / CNBC: SK Hynix reports Q1 revenue up 198% YoY to ~35.55B, vs. ~36.2B est., and operating profit up 405% YoY to ~25.4B, vs. ~25.6B est., as memory prices rise — South Korean memory chip g

Nikkei Asia: Global DRAM supply is likely to meet only 60% of demand through 2027; memory to hit ~40% of low-end smartphone manufacturing costs by mid-2026, up from 20% now — TOKYO/SEOUL — A shortage

According to Nikkei Asia, even as suppliers ramp up DRAM production, manufacturers are only expected to meet 60 percent of demand by the end of 2027. SK Group chairman has even said that shortages cou

Ivan Lam / Counterpoint Research: China's smartphone shipments declined 4% YoY in Q1 amid memory shortages; Huawei's shipments grew 2% YoY for a 20% market share, iPhone grew 20% for a 19% share — Iva

Abhinav Parmar / Reuters: Counterpoint: India's smartphone shipments fell 3% YoY in Q1 2026, a six-year low, as price hikes weigh on sales; 80+ smartphone models saw price hikes of ~15% — India's smar