As global competition heats up in the AI sector, an emerging power has now joining the battlefield. Ola, an automotive manufacturer in India, plans to launch the country’s first in-house AI chip by 2026, which is based on ARM architecture, according to a report by Wccftech. Though there are mor...

As per a report from Reuters, South Korea's SK Telecom-backed AI chip startup Sapeon Korea and KT-invested startup Rebellions have officially announced their merger. The combined entity is expected to be established by the end of 2024, with the merger projected to create a business valued at over...

At its earnings call on August 14th, Taiwanese tech giant Foxconn addressed the progress of the highly anticipated launch of NVIDIA's next-generation AI server, the GB200. According to a report by Commercial Times, Foxconn confirmed that the development of the server cabinets is on schedule, ...

Samsung Electronics, which has been struggling at the final stage of its HBM3e qualification with NVIDIA, may unexpectedly emerge as the pacemaker for the AI ecosystem, as the company may somehow ease the cost pressure for building AI servers by balancing the market, as well as alleviating the tight...

After announcing reductions in capital expenditures, massive layoffs, and the suspension of dividends, according to a report from Reuters, Intel is focusing on increasing its cash reserves to sustain company operations. The same report also indicates that Intel has sold off its entire stake in the...