General Compute Secures Landmark $400 Million Loan from Upper90, Pledging Inference-Specific AI Chips as Collateral

General Compute, an emerging AI inference cloud startup, has successfully secured a substantial $400 million loan from Upper90, a prominent tech investment firm. This significant financing round marks a pivotal…

Etched Emerges from Stealth with $1 Billion in Orders, $800 Million Funding, and a Chip Manufactured by TSMC to Challenge Nvidia in AI Inference.

AI chip competitor Etched has officially announced its emergence from stealth mode, revealing a significant milestone with TSMC successfully manufacturing its specialized AI chips earlier this year. The California-based startup…

Baseten Nears Finalization of $1.5 Billion Funding Round at Staggering $13 Billion Valuation Amidst AI Inference Boom

AI inference company Baseten is reportedly on the cusp of closing a monumental $1.5 billion funding round, catapulting its valuation to an astonishing $13 billion. This significant development, initially reported…

XCENA Secures $135 Million Series B to Revolutionize AI Inference with Memory-Centric Chip Architecture

In the rapidly evolving landscape of artificial intelligence, where the demand for computational power seems insatiable, a critical bottleneck has emerged in the very architecture that underpins AI operations: the…