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

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

This news comes roughly three months after FuriosaAI declined Meta’s $800 million acquisition offer, opting to remain ...

Riding the wave of rising artificial intelligence (AI) adoption, a Silicon Valley startup that develops AI chips is reportedly eyeing a new funding round that would give it a valuation of $6 billion.

Groq, a startup developing chips to run generative AI models faster than conventional processors, said on Monday that it has raised $640 million in a new funding round led by Blackrock. The ...

Founded in 2018, the Toronto, Ontario-based startup had been selling AI inference chips for edge environments and data centers based on its “at-memory” architecture that it said ...

Israeli startup Hailo said HP Inc. is using its Hailo-10H chip as the basis for the PC and print giant’s new HP AI Accelerator M.2 Card for low-power devices such as point-of-sale systems and ...

Cathay Venture, the venture capital arm of Taiwan billionaire Tsai Hong-tu’s banking giant Cathay Financial Holdings, has participated in French AI chip startup SiPearl’s €130 million ($152 ...