MatX Raises $500 Million To Develop AI Chips Competing With Nvidia
Clinton / ventureburn - MatX Accelerates AI Chip Innovation AI chip startup MatX has raised over $500 million to develop hardware that can compete directly with Nvidia. The company was founded in 2022 byThe post MatX Raises $500 Million To Develop AI Chips Competing With Nvidia …
Back to Top / Tuesday, February 24, 2026, 7:21 pm / permalink 19700 / 6 stories in 10 days
UK AI start-up Wayve raises $1.2bn from carmakers and Big Tech
ft - Self-driving group valued at $8.6bn as it gears up to launch robotaxi service in London this year
- OTHER: Emerging AV logistics unicorn Zelos raises $300M+ (1)
- Pilot robotaxi launches in London; Uber to expand globally (3)
- Wayve's huge $1.2B raise and $8.6B valuation (9)
OTHER: Emerging AV logistics unicorn Zelos raises $300M+
Pilot robotaxi launches in London; Uber to expand globally
Wayve's huge $1.2B raise and $8.6B valuation
Back to Top / Tuesday, February 24, 2026, 7:21 pm / permalink 19699 / 13 stories in 10 days
Meta Signs Massive AI Chip Deal with AMD
Usman Qureshi / iphoneincanada - Meta is partnering with AMD to deploy 6 gigawatts of AI power. The deal includes custom MI450 chips and could give Meta a 10 percent stake in AMD by 2026.The post Meta Signs Massive AI Chip Deal with AMD first appeared on iPhone in Canada.
Back to Top / Tuesday, February 24, 2026, 1:21 pm / permalink 19673 / 10 stories in 10 days
AI accounting startup Basis raises $100M at $1.15B valuation from Accel, GV to automate Big Four drudgery
Vignesh R / techfundingnews - Artificial intelligence is no longer just a back-office tool in finance. It is now directly affecting how accounting…
Back to Top / Tuesday, February 24, 2026, 12:21 pm / permalink 19662 / 3 stories in 10 days
Dutch AI inference chipmaker Axelera AI raises $250M
John Reynolds / tech - A Dutch chipmaker which designs and manufactures chips for AI inference use has raised more than $250m, with backing from new investor BlackRock.Innovation Industries, the European VC fund, is the lea...
Back to Top / Tuesday, February 24, 2026, 10:22 am / permalink 19649 / 5 stories in 10 days
Anthropic accuses Chinese firms of distillation attacks
Tom Chivers / semafor - Distillation involves training less capable models on more advanced ones’ output.
Back to Top / Tuesday, February 24, 2026, 8:21 am / permalink 19636 / 6 stories in 10 days
Tewke raises £1.5M to expand its AI-driven home energy platform
Kailee Rainse / startuprise - London-based Tewke, a company focused on energy optimisation and home automation, has raised £1.5 million in its second funding round. Investors in the round include JamJar Investments, Cur8 Capital, Energy Mix Ventures, Project Ventures, and angel invest…
Back to Top / Tuesday, February 24, 2026, 7:21 am / permalink 19633 / 3 stories in 10 days
Brainomix Extends Series C Funding to $25.4M
FinSMEs / finsmes - Brainomix, an Oxford, UK-based company developing AI-powered imaging tools in stroke and lung fibrosis, raised $6.5M in Series Series C extension funding. The round was led by Parkwalk and Hostplus via the IP Group Hostplus Innovation Fund, with participa…
Back to Top / Tuesday, February 24, 2026, 7:21 am / permalink 19632 / 3 stories in 10 days
AMD and Meta strike $100 billion AI deal that includes 10% stock deal — 6 gigawatt agreement includes up to 160 million AMD shares
tomshardware - AMD and Meta have announced an AI chips deal thought to be worth more than $100 billion.
- Analysts warn: circular financing and heavy dilution risks for AMD (3)
- Chips-for-equity: warrants could give Meta up to 10% (4)
- Meta diversifies from Nvidia; AMD emerges as key rival (2)
- Meta-AMD deal: 6GW MI450 deployment, shipments starting H2 2026 (7)
- All Other Stories
Analysts warn: circular financing and heavy dilution risks for AMD
Chips-for-equity: warrants could give Meta up to 10%
Meta diversifies from Nvidia; AMD emerges as key rival
Meta-AMD deal: 6GW MI450 deployment, shipments starting H2 2026
All Other Stories
Back to Top / Tuesday, February 24, 2026, 7:21 am / permalink 19631 / 21 stories in 10 days
SambaNova steps up its challenge to Nvidia with new chip, $350M funding and a powerful ally in Intel
Mike Wheatley / siliconangle - Chipmaker SambaNova Systems Inc. unveiled its most advanced artificial intelligence processor today as it closed on a bumper $350 million late-stage round of funding from Vista Equity Partners, Cambium Capital and others. Alongside the funding, SambaNova …
Back to Top / Tuesday, February 24, 2026, 6:21 am / permalink 19626 / 6 stories in 10 days