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Silicon wafer fabrication Tiger Global, D1 Lead $300 Million Round in AI Chip Startup Groq Its CEO, a former Google chip exec, said the startup now has enough money to fund the business until it generates positive free cash flow. Bloomberg | Apr 15, 2021 Ian King (Bloomberg) -- Groq Inc., a semiconductor startup, said it raised $300 million in a round led by Tiger Global Management and D1 Capital. The investment brings Groq’s total funding to $367 million and values the Mountain View, California-based company at more than $1 billion. The latest financing included other investors such ...

This Startup Is Building a Chip to Save Traders Vital Microseconds South Korea-based Rebellions aims to build a chip that runs AI more efficiently to speed up high-frequency trades. Bloomberg | Apr 14, 2021 Hooyeon Kim and Whanwoong Choi (Bloomberg) -- In the unfathomably fast realm of high-frequency trading, a South Korean startup’s plan to build a microchip that speeds markets up by a few microseconds is bound to get some attention. The company, Rebellions Inc., was set up six months ago in Seoul by Park Sunghyun, who used to work as a quant developer at Morgan Stanley in New York...

Opinion post by Robert Triggs Rumor has it that the Google Pixel 6 will debut Google’s long-rumored custom smartphone silicon, codenamed “Whitechapel.” In other words, the Pixel 6 appears set to ditch Qualcomm’s Snapdragon brand for something built in-house with the help of Samsung’s System Large-scale Integration (SLSI) division. Those are the folks at Samsung that integrate CPU cores, memory, modems, and other integrated circuit components into a single silicon chip (SoC). Pundits have been quick to peg the story as Google finally taking on Apple’s processing dominance. Meanwhil...

It is being reported that Samsung has helped Google in developing a high-end 5nm processor for the Pixel 6 smartphone lineup. - SamMobile

Buy now! ☕ Good morning! I had a nice Easter break featuring eating too much. In the meantime, LG is really out. Daily Authority: LG turns out the lights, and more 05/04/21 newsletter It’s official: LG is closing down its smartphone business worldwide. Here’s LG’s full press release sent through last night: LG Electronics Inc. (LG) announced that it is closing its mobile business unit. The decision was approved by its board of directors earlier today. LG’s strategic decision to exit the incredibly competitive mobile phone sector will enable the company to focus resources in growth...