AI chip startup Deepx raises $80m, receives $529m valuation
Funding round was led by SkyLake Equity Partners
Funding round was led by SkyLake Equity Partners
Secretary of Commerce Gina Raimondo was asked about consequences at a committee hearing
Company to use GPUs and AI to track marketing campaigns
Forces Samsung and SK Hynix to wait until next year for equipment
Company to offer access to supercomputer to government
Bristol-based IPU maker reported $204m in losses during 2022
Move comes after US politicians were angered by Intel chips found in Huawei laptop
Unclear if efforts will ever see the light of day
Products were unveiled at company’s annual Innovative Data Infrastructure forum
Peter Zhou, president of the data storage product line, teased upcoming offering at Berlin conference
Scope of expansion not shared
Device will enable precise time-keeping for navigation applications
Product portfolio contains five servers to meet a variety of use cases
AI boom has fueled memory chip demand
Sold share to consortium for $676 million
Company unveiled silicon photonics roadmap at conference last month
QuEra also set to deploy an on-premise supercomputer in Japan
Company posted quarterly revenue of $5.47bn
Computing center launched Austral supercomputer last year
First quarter revenue totaled $52.3bn
PsiQuantum system will be housed near Brisbane airport
Updated rules set to come into force in July
Company already employees 400 workers in original AI-focused R&D center
Investment will be made into IBM’s sole Canadian facility, Bromont plant
But CEO Pat Gelsinger says company is “right on track”
New fabs will create 70,000 jobs across the three sites
The company’s former chief business officer has been given the top job
New fab expected to be completed by November 2025