Celero Communications, a two-year-old chip startup, has raised $275m in a Series C round that values it at more than $3bn. It makes the processors that push data down fibre optic cables between AI chips, racks and whole data centres. Atreides Managemen…
The average PC sold in the United States now costs more than $1,000. That has never happened before. Average sell-in prices crossed the line in the second quarter, up 12.0% year on year, according to Omdia. US shipments grew 1.0% in the quarter to 18.8…
A defence company nobody had heard of on Tuesday opened a 105,000 square foot missile factory in Texas on Wednesday. Covenant came out of stealth this morning. It announced Anthem, a long-range weapon system it says is designed for production in the th…
Amkor is roughly tripling the size of the chip packaging campus it is building in Arizona. The company announced phase 2 on Tuesday. It adds 60,000 square metres of cleanroom to the 33,000 already planned, taking the site to about 93,000 square metres,…
Kawasaki Heavy Industries has signed an agreement to put a startup’s AI chips into Japanese aerial defence platforms. The chip company is the interesting part. EdgeCortix, a fabless semiconductor firm based in Kanagawa, announced the deal last week, a …
OpenAI says an internal model proved that 3D Navier-Stokes can develop a singularity in finite time, using about 10,000 agents over 88 hours. It described the result on a press call and had not published the proof. Tristan Buckmaster and Levent Alpoge,…
The Exploration Company has raised $450m. Most of it goes into something the company is not yet famous for. Not Nyx, the reusable capsule that has drawn the contracts and the SpaceX comparisons. An engine. Kate Duffy reported the round for Bloomberg. F…
China has imposed a cash deposit of up to 99.2% on imports of a Japanese chemical that chip fabs use to build the films inside logic and memory chips. The rate is close to prohibitive. It took effect on Tuesday. China’s Ministry of Commerce published t…
An Australian company will build data centres in Malaysia and fill them with American chips. It will sell the output to an American company. Its co-chief executive calls this the moment Asia-Pacific stops consuming intelligence and starts producing it….
China’s effort to build its own chipmaking machines finally has a coordinator. It is Huawei. And the flagship machine it is coordinating still runs on German lenses. Eleanor Olcott and Zijing Wu reported the arrangement for the Financial Times, citing …