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October 16, 2026
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Tag: AI chips

NVIDIA CEO Jensen Huang
AI

Nvidia’s $3.5B MediaTek bet reveals its plan for tackling Big Tech’s AI chip buildout | TechCrunch

Nvidia is investing $3.5 billion into Taiwanese chipmaker MediaTek. As part of the deal, MediaTek will adopt Nvidia’s...

Chip, chips, dollar signs, money
In Brief

Neocloud Lambda secures $1B in debt to buy more chips | TechCrunch

Lambda, an AI cloud company that buys computing chips and rents them out to businesses, has raised $1...

Huawei Sign at MWC 2023
AI

Huawei plans Q1 2027 launch of new AI chip as it takes on Nvidia | TechCrunch

Huawei is moving up the launch of its next-generation Ascend 960DT AI chip to the first quarter of...

Etched co-founder COO Robert Wachen
Startups

AI chip startup Etched defies skeptics, hits $10.3B valuation from big-name investors  | TechCrunch

Etched, the AI chip startup founded by three Harvard dropouts in 2022, has closed a $300 million Series...

pumping air into a floating piggy bank
In Brief

After Nvidia’s $20B not-acqui-hire, AI chip startup Groq reportedly raising $650M | TechCrunch

Groq is looking to raise $650 million in new funding from existing investors, sources tell Axios, as it...