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MatX, a startup founded by former Google TPU engineers, has raised $500 million to compete with Nvidia in the AI chip market. The company aims to offer more efficient and cost-effective AI hardware solutions.
Meta and AMD have entered a multi-year partnership involving up to six gigawatts of GPUs and a 10% equity stake, mirroring AMD's previous OpenAI deal.
Nvidia's Q4 results are expected to be a critical indicator of confidence in the AI hardware market, with the company's dominance in AI computing under close scrutiny.