Musk new move: Musk artificial intelligence company xAI is raising up to $6 billion at a valuation of $50 billion. The financing will be completed early next week, with $5 billion expected to come from Middle Eastern sovereign funds and…
In response to the U.S. Department of Justice’s accusation that Chinese telecommunications company Huawei attempted to steal technical secrets from U.S. competitors and mislead banks, Huawei submitted relevant documents to the Brooklyn Federal Court on November 8th 2024, asking the…
President-elect Trump has announced that American entrepreneurs Elon Musk and Vivek Ramaswamy will co-lead a proposed “Ministry of Government Efficiency” after he takes office. Trump said the “Ministry of Government Efficiency” will “pave the way for dismantling government bureaucracy, cutting…
Japanese new Prime Minister Shigeru Ishiba formulated a new aid plan on November 11th, 2024 requiring the Japanese government to provide at least about US$65 billion by fiscal 2030 to support the development of the semiconductor and artificial intelligence (AI) industries. Nikkei…
Nvidia CEO Jensen Huang said that computing performance will grow exponentially in the next decade, resulting in a “hyper Moore’s Law” that will drive new artificial intelligence (AI) innovations and capabilities. Recently, researchers from the Chinese Academy of Sciences, the…
SEMI said China mainland spending on chipmaking equipment will exceed $40 billion for the first time in 2024. The Chinese chipmaking equipment market will shrink in 2025 as China rushes to make advance purchases amid tensions with the United States.…
TSMC plans to increase prices: 3nm by 5%, CoWoS by 20%. The Ultra Accelerator Link (UALink) Alliance has been officially established, aiming to become an open standard for the industry’s many AI accelerator expansion connections and a competitor to Nvidia’s…
The U.S. government is considering aiding Intel if necessary or pushing its chip design business to merge with AMD, after the billions of dollars in “CHIP Act” subsidies Intel is already scheduled to receive. The Biden administration of the United…
The secret of where the $53 billion of the “CHIP Act” went. America reshapes the semiconductor landscape. Intel suffered a huge loss of $16.6 billion in Q3 2024. Intel expects Q4 2024 revenue to be between $13.3 billion and $14.3…
Nvidia CEO Jensen Huang and Asia’s richest man Mukesh Ambani have formed a partnership to jointly build artificial intelligence (AI) infrastructure and promote the application of the technology in India. Agency: AI IC market size will reach $110 billion in…
