xLight’s $350m bet to break ASML’s chip monopoly
xLight, a US-backed startup chaired by former Intel chief Pat Gelsinger, is raising $350m to build an xLight EUV light source that could loosen ASML’s grip on chipmaking. Days earlier, a Dutch rival took aim at Nvidia. Deep-tech chips are hot again. The hardware behind AI is pulling in venture money again. xLight, a Californian […]<br /> This story continues at The Next Web [...]
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IBM's open source Granite 4.0 Nano AI models are small enough to run locally directly in your browser
In an industry where model size is often seen as a proxy for intelligence, IBM is charting a different course — one that values efficiency over enormity, and accessibility over abstraction.The 114-y [...]
Mistral AI launches Vibe, expands into industrial AI and announces data center push to challenge OpenAI
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ASML rebounds from DeepSeek hit, expects AI advance to boost demand for chips
Shares in ASML have bounced back from the hit inflicted by DeepSeek’s AI advances. Celebrating the results, ASML predicted that the sudden emergence of low-cost models will boost demand for the firm [...]
Apple Black Friday deals are live: Some of the biggest sales we've seen this year on AirPods, iPads, MacBooks, Apple Watches and AirTags
There’s no denying Apple’s massive reputation in the tech world. And it appears it’s not just hype — our reviews put an Apple product at the top of our buying guides to tablets, smartwatches, [...]
Apple Black Friday deals are still live: The biggest sales we've seen in 2025 on AirPods, iPads, MacBooks, Apple Watches and AirTags
There’s no denying Apple’s massive reputation in the tech world. And it appears it’s not just hype — our reviews put an Apple product at the top of our buying guides to tablets, smartwatches, [...]
GSR Ventures uses its RedNote stake to anchor a new $350M China fund
SR Ventures Management Co., one of the earliest backers of the Chinese social commerce app Xiaohongshu, is raising about $350m for a new China-focused venture fund and is using its existing stake in t [...]
TensorWave raises $350M led by AMD to build an Nvidia-free AI cloud
TensorWave, a cloud provider that runs its AI data centres on AMD chips rather than Nvidia’s, has raised $350M in a Series B round led by AMD and the hedge fund Magnetar Capital. The deal values the [...]