Huawei plans Q1 2027 launch of new AI chip as it takes on Nvidia
Huawei is accelerating the launch of its next-generation Ascend 960DT AI chip as it pushes to compete with Nvidia and close China’s AI computing gap with the U.S.
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Neocloud Lambda secures $1B in debt to buy more chips
Neocloud Lambda has raised $1B in private debt to buy Nvidia AI chips and lease them to Microsoft. It’s the latest in a string of loans, underscoring the high cost of the AI boom.
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AI | Enterprise
Nvidia’s $3.5B MediaTek bet reveals its plan for tackling Big Tech’s AI chip buildout
Nvidia invests $3.5 billion into Taiwanese chipmaker MediaTek. The deal shows how Nvidia plans to stay essential to AI infrastructure as Big Tech begins to build its own AI chips.
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AI | Enterprise
Why Wall Street wasn’t won over by Nvidia’s big conference
Despite investor fears of an AI bubble, Nvidia’s latest conference shows that most in the industry aren’t concerned by that possibility.
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AI | Enterprise
Google Cloud launches two new AI chips to compete with Nvidia
Google’s newest TPUs are faster and cheaper than the previous versions. But the company is still embracing Nvidia in its cloud — for now.
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$60B AI chip darling Cerebras almost died early on, burning $8M a month
Cerebras Systems was 2026’s biggest tech IPO so far. But years ago, it burned through hundreds of millions working on a chip many believed impossible.
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AI | Enterprise | TC
In more good news for Amazon, Snowflake signs $6B deal with AWS for AI CPU chips
Snowflake has signed a new, enormous five-year deal with Amazon to secure chips for AI usage. Nvidia is once again being put on notice.
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After Nvidia’s $20B not-acqui-hire, AI chip startup Groq reportedly raising $650M
Chipmaker Groq is looking to raise $650 million in internal funding as it pivots from hardware to focus more on AI inference, the process of refining the way AI models respond to prompted requests, per Axios.
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AI | Enterprise
Amazon hopes to challenge Nvidia more directly by selling its AI chips
AWS is in talks to sell its chips to other data centers. CEO Andy Jassy has said this represents a $50 billion opportunity for the company.
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Europe is pushing back on Washington’s chip war
As ASML CEO Christophe Fouquet told TechCrunch in May, what China can currently buy are older-generation deep ultraviolet tools — gear first shipped about a decade ago — the same machines the MATCH Act would now put off-limits.
