XAI is tapping into the booming private-credit market to find the cash it needs to build massive data centers.

Elon Musk says that 230,000+ AI GPUs are training Grok for xAI and its Colossus 1, while Colossus 2's first batch of 550,000 ...

Elon Musk's artificial intelligence startup xAI is working with a financier to secure up to $12 billion more for its ...

STORY: From what the Nvidia boss thinks of Chinese bots, to why Elon Musk wants someone to give him $12 billion, this is AI ...

TSMC becomes the first Asian firm since 2007 to hit a $1 trillion market value, driven by surging global demand for AI chips and U.S. expansion.

Semiconductor startup Netrasemi has raised Rs 107 crore in a Series A funding round led by Zoho Corporation and existing ...

In August 2024, the startup unveiled its advanced AI chip, "RNGD." The chip is positioned to challenge industry leaders such as Nvidia with a 100% power efficiency advantage over Nvidia's H100 ...

10. Perplexity AI. HQ: San Francisco CEO: Aravind Srinivas 2024 Amount Raised So Far: $136.3M Perplexity started 2024 with the announced closure of a $73.6 million Series B round of funding, and ...

Despite being hindered by years of U.S. trade restrictions, Huawei has quietly emerged as one of China’s fiercest competitors ...