South Korean AI chip designer DeepX Co. has hired Morgan Stanley to assist with a round of capital-raising ahead of a ...

South Korean AI chip startup FuriosaAI has announced it has raised US$125 million in its Series C bridge round, making it one of the few deep tech companies in South Korea with a valuation exceeding ...

FuriosaAI has just taken a decisive step toward a new era of sustainable AI compute with a $125 million Series C bridge raise ...

Meta has placed an order for next-generation ASIC-powered AI servers with Taiwanese manufacturer Quanta Computer. According ...

LG AI Research plans to continue to pursue trustworthy AI, AI applicable to industry settings, and AI for professionals, ...

The DOE said it chose the locations because they are well-situated for large-scale data centers, new power generation, and ...

Vast Data is emerging as a standout in the AI infrastructure space, with backing from Nvidia and CapitalG likely to push its valuation sharply higher. The company’s combination of advanced storage sys ...

Meta Platforms (META) aggressively expands its AI capabilities with acquisitions, high-profile hires, and a $29B funding push ...

Investors in the new round include Korea Development Bank, Industrial Bank of Korea, Kakao Investment, Keistone Partners and ...

Lately, investors have been eager to back cloud startups that provide application developers with access to Nvidia graphics ...

The round exceeded its target of about $80 million and drew investors including the Korea Development Bank, Industrial Bank ...

FuriosaAI will utilise the funding to expand RNGD AI chip production and initiate the development of its next-generation chip ...