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AMD CEO Lisa Su said Tuesday the chipmaker will substantially increase chip supply in 2027 and lift its Taiwan investment beyond $10 billion as artificial intelligence demand outpaces production. Key Points: AMD plans a substantial supply increase in 2027 after raising output through 2026, Su told r

Gimlet Labs valuation hit $3 billion as the two-year-old AI startup raised $300 million in a Series B led by Andreessen Horowitz, the company announced Friday. Key Takeaways Gimlet Labs raised $300 million in a Series B led by Andreessen Horowitz, reaching a $3 billion valuation The platform routes

AMD locked in more than $14 billion of 15-year data center leases with Core Scientific, securing power for the Helios AI racks it begins shipping this year. Key Points: Core Scientific will deliver roughly 530 megawatts across five U.S. campuses under 15-year terms AMD holds reservation rights on ne

Alloy Compute says it has built an AI inference system that splits language model work between AMD graphics chips and programmable accelerators to cut response times. Alloy Compute Splits Inference Workloads The company described the design on Jul. 31 as a disaggregated architecture, one that sends

Intel delivered one of its most dramatic earnings surprises in recent memory on July 23, reporting second-quarter revenue of $16.1 billion against analyst estimates of $14.44 billion. The result sent shares jumping roughly 11% in after-hours trading, with some outlets tracking gains as high as 12%,