The South Korean fabless AI chip company, backed by Samsung, SK Hynix, and Aramco, raises $650M in six months and targets Meta and xAI as US customers. Korea’s National Growth Fund chose Rebellions as its very first investment. Rebellions, the South Korean AI inference chip company, has closed a $400 million pre-IPO funding round led […]<br /> This story continues at The Next Web [...]
Anthropic today released Claude Sonnet 5, a new AI model that the company says delivers near-flagship performance at mid-tier prices — a move designed to give cost-conscious enterprise developers ac [...]
Cerebras Systems, the Silicon Valley chipmaker that built the world's largest commercial AI processor, erupted onto the Nasdaq on Wednesday, opening at $350 per share — nearly double its $185 I [...]
In short: SiFive, the RISC-V chip IP firm founded by the Berkeley engineers who created the open-source instruction set architecture, raised $400 million in an oversubscribed Series G on April 9, 202 [...]
Chai Discovery’s $400m raise triples its value to $3.8bn in seven months. It is the latest sign that AI drug discovery has moved from promise to deployment. AI drug discovery just minted another fas [...]