AI chip startup Etched defies skeptics, hits $10.3B valuation from big-name investors
Etched, founded by three Harvard dropouts, has created new chips and memory components that speed up inference on any AI model -- no GPUs required, it says.
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Etched, founded by three Harvard dropouts, has created new chips and memory components that speed up inference on any AI model -- no GPUs required, it says.
If there's a place in the universe without GPUs, Nvidia is sending them there.
Google continues to report big quarterly revenue, but its AI spending has skyrocketed.
"I don't think you get a model this strong and this quickly on the heels of Fable doing strictly distillation," one expert told TechCrunch.
Designing and developing a new medicine is an expensive, failure-prone scientific challenge. A new drug can take many years to develop, at the cost of a significant investment. And even then, most possible candidates never reach the patient. For biologic medicines, therapies made from engineered proteins rather than synthetic chemistry (which are often used to…
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. The power line that could reshape New York’s grid is hitting snags During a heat wave on July 3, New York State’s grid imported enough electricity from Canada to meet about…
Nvidia’s new Medical Physics Simulation framework treats healthcare robots as physical AI systems that need embodied experience to learn, not just code. Physical AI is the term Nvidia and much of the robotics industry now use to describe machines that have to learn how the world behaves through contact, force, and consequence, rather than through […] The post Nvidia bets physical AI can solve healthcare robotics’ data problem appeared first on AI News.
On July 3, as a heat wave swept the region, New York State’s grid imported 52 gigawatt-hours of electricity from Canada—enough to meet about 9% of its total electricity demand that day. Some of that power shuttled in on a 339-mile power line stretching from Quebec to Queens called the Champlain Hudson Power Express (CHPE).…
With “blessings” from the original Jibo founders, iKairos is a wearable or desk-mounted “AI journal” that turns your family moments into AI images and video.
AMD has agreed to invest up to $5 billion in Anthropic under an infrastructure agreement covering tens of billions of dollars’ worth of AI systems. Anthropic will deploy up to two gigawatts of capacity using AMD’s Instinct MI450-series accelerators, with deployment of the first gigawatt beginning in the first half of 2027. AMD’s investment will […] The post AMD to invest up to $5 billion in Anthropic under AI infrastructure deal appeared first on AI News.
ServiceNow's investment gives BusinessNext a strategic partner to expand its AI-powered banking software globally.
After IBM's stock crashed last week on warnings of a poor mainframe sales, the CEO explained that AI wrecked corporate hardware budget, temporarily.
The episode has also intensified a broader debate in Washington over the influx of Chinese open models.
There’s a debate going on in the Trump administration over how to handle increasingly powerful Chinese AI models.
Google's cloud business is thriving, as companies adopting its AI and AI infrastructure services help the tech giant to report record profits.
Union previously warned automaker that any robot deployment must be negotiated.
Uber is also investing in Travis Kalanick's company Atoms, which has made gauzy claims about using industrial AI to modernize the world.
As access to Anthropic’s and OpenAI’s frontier models becomes more restricted, Chinese labs are pitching their open-source alternatives as stable, accessible, and increasingly capable.
OpenAI made a mistake setting up what it called a “highly isolated” testing environment and sandbox. According to cybersecurity experts, that human mistake is what made the AI-powered attack on Hugging Face possible.
Substack is giving readers a way to estimate how much of a newsletter was written by AI, signaling a broader shift toward transparency around AI-assisted content.