OpenAI expects a $70bn revenue run rate by year-end, Bloomberg reports
OpenAI expects a $70bn revenue run rate by year-end, Bloomberg reports

OpenAI expects its annualised revenue to reach or exceed $70bn by the end of the year, Bloomberg reported on Friday. The company shared the forecast with investors in talks over its latest funding round, according to people familiar with the matter. Th…

GlobalFoundries to produce silicon interposers for TSMC’s CoWoS in the US
GlobalFoundries to produce silicon interposers for TSMC’s CoWoS in the US

GlobalFoundries becomes a part of TSMC’s CoWoS supply chain in the U.S.: set to participate in production of leading-edge AI and HPC accelerators without investing in leading-edge process technologies.

Department of War dishes out $1.5 billion loan commitment to boost semiconductor supply chain
Department of War dishes out $1.5 billion loan commitment to boost semiconductor supply chain

Wolfspeed has secured a conditional $1.5 billion, 30-year loan commitment from the U.S. Department of War to expand GaN epitaxy and radiation-hardened SiC and GaN technologies for U.S. national security applications

Pentagon offers Wolfspeed a $1.5bn loan for a stake of up to 7.5%
Pentagon offers Wolfspeed a $1.5bn loan for a stake of up to 7.5%

The US Department of War has offered chipmaker Wolfspeed a conditional loan of up to $1.5bn over 30 years. In return, Wolfspeed would give the department warrants to buy up to 7.5% of the company. Wolfspeed filed for bankruptcy protection in June 2025….

AMD seeks ‘broader partnership’ with Samsung as it looks to secure memory supply
AMD seeks ‘broader partnership’ with Samsung as it looks to secure memory supply

AMD is pursuing a ‘broader partnership’ with Samsung as memory company wants to tie advanced memory supply to its orders at its foundry unit.

Former Groq engineers sue board over $20 billion Nvidia deal
Former Groq engineers sue board over $20 billion Nvidia deal

Two former Groq engineers sued Groq’s board in Delaware over the Nvidia licensing deal behind the Groq 3 LPU.

Musk rejects rumors of TSMC takeover of Terafab — Intel reaffirms 14A node deal as Musk floats cleanroom ‘sublease’

Lip-Bu Tan says Intel will remain a part of Elon Musk’s Terafab project as Musk wants TSMC to sublease a part of the facility.

CoreWeave plans its first India data centres with 240MW from AdaniConneX
CoreWeave plans its first India data centres with 240MW from AdaniConneX

CoreWeave will open its first data centres in India, using 240 megawatts of capacity at an AdaniConneX campus in Navi Mumbai. The US AI cloud provider announced the deal on Wednesday. CoreWeave expects the first phase to come online in mid-2028. AdaniC…

Atomic Machines emerges with $250M to build micro-machines from code
Atomic Machines emerges with $250M to build micro-machines from code

Atomic Machines has come out of six years in stealth with $250M raised. It says its system builds working micro-machines straight from code. The Bay Area start-up announced the launch on Wednesday. Its first product is a power switch for AI data centre…

Qualcomm will license patents behind Huawei’s LogicFolding chip architecture, report says

Qualcomm will license patents behind Huawei’s LogicFolding, according to one report, as a teardown shows off the Kirin 9050 Pro’s two dies.