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Meta planned to deploy a new version of a custom data center chip to address the swelling amount of computing power necessary to run AI products in Facebook, Instagram and WhatsApp.
TECH NEWS News: Intel introduces Gaudi 3 to challenge Nvidia in the AI chip market, aiming for dominance with superior performance. Competing with Nvidia's Blackwell
Shares in the Tokyo-based tech investor gained as much as 3.2% after Bloomberg News reported the 66-year-old billionaire is seeking funding for a foray into AI chips to compete with Nvidia Corp. The project, code-named Izanagi, would is aimed at building an AI chip venture that would complement Arm Holdings Plc, the chip design company in which SoftBank holds a majority stake.
AI Chip: The company would inject USD 30 billion in the project, with an additional USD 70 billion potentially coming from Middle Eastern institutions, according to the report.
Singapore-based Silicon Box specializes in chiplets, an increasingly popular way of making high-performing chips. To help ramp up production, the startup recently raised $200 million in a Series B round.