General Compute's $400M Loan Bypasses Nvidia GPUs
General Compute borrowed $400 million from Upper90 against a fleet of SambaNova SN50 inference chips, the first major AI infrastructure loan not collateralized by Nvidia hardware.
Articles Tagged "NVIDIA"
Elorian's $300M Joins AI's No-Product Funding Club
Ex-Google DeepMind researcher Andrew Dai raised $55M at a $300M valuation for Elorian, a visual AI lab with no product yet, joining a growing list of frontier labs priced on pedigree alone.
Thinking Machines Opens Inkling - and Admits Its Limits
Mira Murati's Thinking Machines Lab released its first open-weight model, Inkling, and published benchmarks showing it losing to closed rivals on most of them.
Nvidia's H200 Chips Reach China - Congress Isn't Happy
Commerce official Jeffrey Kessler confirms H200 AI chip shipments to China have begun, but calls the volume 'trivial' as lawmakers spar over export-control gaps.
Reflection AI Buys $1B More Nvidia Compute From Nebius
Nebius will sell Reflection AI over $1 billion in Nvidia GB300 compute through 2029, the open-source AI lab's second billion-dollar infrastructure deal in three weeks.
Hugging Face CEO Says Enterprises Are Done Renting AI
Clem Delangue says cost is pushing companies off frontier APIs and onto open models. A16z's own CIO survey shows enterprise dollars still moving the other way.
Nvidia Backs Voice AI's Two Biggest Rivals at Once
Nvidia has joined Gradium's seed round while holding a stake in rival ElevenLabs, tying its GPUs to both leaders in the race to own voice AI.
US Grants UAE License-Free Access to Nvidia AI Chips
The Commerce Department reclassified the UAE to Country Group A:5, giving NVIDIA, AMD, and Cerebras a clear path to supply AI chips and servers without per-shipment export licenses.
Meta Moves Iris AI Chip Into Production in September
A Reuters-obtained internal memo reveals Meta will start manufacturing its Iris chip in September, targeting 14 GW of computing capacity by 2027 while cutting NVIDIA and AMD dependency.
SambaNova Banks $1B as Firms Move AI Off the Cloud
SambaNova closes a $1B Series F at $11B valuation with JPMorgan Chase as its flagship on-premises inference partner and SN50 chips due in H2 2026.
ZML Ships a Free LLM Server That Runs on Any Chip
ZML's LLMD inference server runs Llama, Qwen, and Mistral on Nvidia, AMD, TPU, Apple Metal, and Intel Arc from a single binary - for free.
SK Hynix Nasdaq IPO: $28B HBM Bet Prices Thursday
SK Hynix's $28B Nasdaq IPO prices Thursday, putting the dominant supplier of AI high-bandwidth memory in reach of US investors for the first time.
