Company posted net sales of €7.7bn for the three month period

Follows Nvidia's announcement it plans to produce AI supercomputers in the US

Chips will be used to support use cases within the Air Force

Canadian telco also planning to expand its Kamloops site to house a supercomputer

System funded by a $3.15 million, five-year grant from the National Institutes of Health

System deployed in the company’s IBM Quantum Data Center in Germany

Government also approved Samsung’s request to increase work week for chip employees above legal maximum

Company’s 6th-gen processor has been taped out on TSMC’s N2 process technology

System specifications still not been shared

Funding package made up of new and previously announced investments

Intel first acquired the FPGA chip company in 2015 for $16.7bn

President says there will be some flexibility with semiconductor tariffs

Group working to establish an open industry standard for AI interconnect solutions

Funding round included participation from European Innovation Council

Startup has raised $72.5m since founding in 2020

Additional controls were due to come into force this week

Will look to commercialize the offering in 2025

Commission also plans to propose Cloud and AI Development Act to triple EU data center capacity

Comes in both 256 and 9,216 chip configurations

Company had previously disclosed plans to pass on tariff-related costs to customers

Wafer Scale Engine processors provide both training and inferencing capabilities

Has been specifically engineered to support AI workloads

Will contain 20x more chips than country’s existing Nvidia-based system

System renamed Discoverer+