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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 has secured a multiyear $100 billion deal with AMD for AI chips, deepening its push to diversify beyond Nvidia and advance its 'personal superintelligence' ambitions.
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.
Google, OpenAI, and Anthropic are preparing for a major release from Deepseek, which is reportedly using Nvidia's banned Blackwell chips in its next model.
