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Oxford-based startup Lumai, a key player in AI infrastructure, has announced securing over $10 million in funding. The round was led by deep tech investor Constructor Capital, with participation from IP Group, Ventures, Journey Ventures, LIFTT, Qubits Ventures, State Farm Ventures, and TIS.

Snowflake has added $200 million to its startup accelerator program to support the growth of promising AI startups.

Recently, AMD announced in its Q4 2024 earnings call that it plans to accelerate the launch of its next-generation data center GPU series - AMD Instinct MI350. AMD CEO Lisa Su stated that the MI350 will undergo sample testing with 'key customers' this quarter and will ramp up production and shipping by mid-year. Su noted that AMD initially planned to launch the MI350 in the second half of 2025, but the product’s progress has exceeded expectations, coupled with strong customer demand.

Recently, NVIDIA and Microsoft launched a new initiative aimed at promoting AI innovation in the healthcare sector. This collaboration combines NVIDIA's Inception global program with Microsoft's startup support program, intending to assist more startups in enhancing their medical devices and workflows. Currently, the two companies have hundreds of startups participating in these ecosystems. Note: The image is AI-generated and licensed through Midjourney. Through this collaboration, startups will have easier access to acceleration resources.

Intel's 2024 plans are steadily progressing. The company announced that its latest AI accelerator, Gaudi 3, is expected to be officially released next week. Gaudi 3 is hailed as Intel's AI hero, designed to handle large-scale training and inference tasks with unlimited scalability. Intel CEO Pat Gelsinger first previewed this accelerator at last year's 'Intel AI Everywhere' conference. In the subsequent 'Intel Vision 2024' event, Intel reiterated...

Intel's Gaudi3 AI accelerator chip has found its first cloud computing customer in IBM Cloud, which plans to offer services to customers early next year to support artificial intelligence computing in hybrid and on-premises environments. IBM Cloud will integrate the Gaudi3 chip into its Watsonx AI and data platform to drive the development of new artificial intelligence capabilities. The integration of Gaudi3 with Xeon CPUs will provide cost-effective, secure, and innovative AI computing solutions. Despite facing competition from Nvidia, Intel...

This article outlines the latest developments in the AI inference chip field, particularly the results of the MLPerf Inference v4.1 competition, which gathered the latest chips from companies such as AMD, Google, UntetherAI, Cerebras, FuriosaAI, and Nvidia. Nvidia's H200 and GH200 chips maintain a lead in the 'Data Center Closed' category, but chips from other companies excelled in specific tasks, especially in terms of energy efficiency. AMD's Instinct Accelerator.

OpenAI's Converge2 accelerator program seems to have entered a 'low-profile' phase since opening the second round of applications last December, contrasting sharply with the usual tech industry promotions. The program's operations remain silent, leading to speculation about its progress. In contrast to the earlier Converge1, which was relatively open about its launch and announced its first batch of investments, Converge2 has not disclosed any information about the companies that received funding, even after multiple requests to OpenAI.

AMD has acquired AI infrastructure company ZT Systems for $4.9 billion, aiming to accelerate the market adoption of its Instinct data center chips. ZT Systems, a partner of Microsoft, Meta, and Amazon, provides customized computing infrastructure, making this acquisition a significant strategic move for AMD. Through this deal, AMD not only gains approximately 1,000 engineers but also accelerates the deployment of AI solutions, with plans to launch the new MI350 chip in 2025 to compete with Nvidia.

Nvidia has encountered engineering challenges during the launch of its next-generation AI chip series Blackwell, leading to delays in the product release schedule and affecting market expectations. The main issue arises from the need to redesign an AI accelerator for compatibility with the Hopper H100 chip, as well as a processor combined with a graphics card that cannot be mass-produced due to technical problems. These challenges highlight the complexity of the technology innovation process. As a result, Nvidia's stock price dropped by 6.4%, while competitor AMD's stock price rose by 1.8%. Despite the delays, analysts believe that this...

AMD's Q2 sales show strong performance in the data center market, with Instinct MI300X GPU sales exceeding $1 billion and projected to generate over $4.5 billion in FY2024. Data center revenue rose 115% year-on-year to $2.8 billion, nearly half of total revenue. However, gaming revenue fell 59% due to decreased demand for Microsoft and Sony consoles. AMD expects continued decline in gaming revenue in Q3, but growth in data center and client produ....

In the semiconductor industry, AMD recently announced a significant development: Victor Peng, the company's president, will retire next month. As a pivotal figure in AMD's AI strategy, Peng's departure is sure to garner widespread attention within the industry.Since joining AMD in 2022, Victor Peng has been instrumental in driving the company's growth. Prior to AMD, he served as the president and CEO of Xilinx, a programmable chip design company, leading it for four years. Earlier, he had also w

Research shows that Intel's Gaudi2 technology competes with NVIDIA's AI accelerators in large-scale language model inference. The inference performance of Gaudi2 is comparable to NVIDIA's H100 system in decoding and surpasses that of the A100. According to public cloud pricing, Gaudi2 offers better value for training and inference compared to NVIDIA's A100 and H100. Intel's Gaudi3 is planned for release in 2024, promising four times the processing power and double the network bandwidth. Intel is committed to advancing high-performance computing and