Intel's Federal Chips Grant Shrinks Below $8B

Amazon plans to reduce its reliance on Nvidia for AI chips
Nvidia’s biggest customer, Amazon.com, is settled to become a power in AI chips, hence reducing reliance on Nvidia. Amazon, being their biggest client, depends on them for a $100-billion-plus market for artificial intelligence chips.
US Plans to Reduce Intel's $8.5 Billion Federal Chips Grant Below $8 Billion - New York Times
The U.S. government plans to reduce Intel Corp's preliminary $8.5 billion federal chips grant to less than $8 billion, the New York Times reported on Sunday citing unnamed sources. The change took into account a $3 billion contract Intel had been offered to make chips for the Pentagon,
Intel close to finalizing $8B CHIPS Act grant, CNBC says
Intel (INTC) and the CHIPS Act Office are close to finalizing a deal that would award the company a roughly $8B grant, a person familiar with
Washington Curtails Intel’s Chip Grant After Company Stumbles
The Biden administration is reducing its award to the chip maker, partly to account for a multibillion-dollar military contract.
Intel's CHIPS Act grant reduced by roughly $500 million
CNBC's Deirdre Bosa joins 'The Exchange' to discuss Intel losing funding from the CHIPS Act. Theaters issuing warning to fans heading to see Wicked Top 10: The greatest Spy planes Harris Weighs Govern
US cuts Intel’s federal chips grant to below $8bn amid new deal
The reduction in funds is said to be linked to Intel’s delay in completing an Ohio chip manufacturing facility.
Amazon’s Moonshot Plan to Rival Nvidia in AI Chips
The cloud computing giant won’t dislodge the incumbent anytime soon but is hoping to reduce its reliance on the chipmaker.
Nvidia Stock May Rise As Musk Aims To Buy $9 Billion In AI Chips
If Nvidia significantly exceeds conservative growth targets with help from Blackwell, the stock could rise despite slowing ...
The Next AI Battle: Who Can Get the Most Nvidia Chips in One Place
Some industry giants are building so-called super clusters of computer servers that cost billions of dollars and contain ...
Nvidia Promises Never-Before-Heard Sounds With Its New AI Audio Generator
Nvidia’s Fugatto is designed for ‘film or audio productions,’ but it can also create the sound of a saxophone howling like a ...
Sagence is building analog chips to run AI
Sagence AI, the startup previously known as Analog Inference, is building analog chips to run AI models more efficiently.
Interesting Engineering on MSN2d
Huawei AI chips to power China’s next-gen surgery tech for medical breakthroughs
A research center under the Chinese Academy of Sciences is leveraging Huawei’s AI chips to power its Cares Copilot AI model, ...
Anthropic will use AWS AI chips after $4 billion Amazon investment
Amazon is doubling its investment in Anthropic. The e-commerce giant will provide Anthropic with an additional $4 billion in ...
Nvidia’s rivals are focusing on building AI inference chips. Here’s what to know
Startups as well as traditional rivals are pitching more inference-friendly chips as Nvidia focuses on meeting the huge ...
Amazon ready to use its own AI chips, reduce its dependence on Nvidia
The effort is spearheaded by Annapurna Labs, an Austin-based chip start-up that Amazon acquired in early 2015 for $350 ...
Nvidia’s Blackwell AI Chips in Focus as Sales Growth Slows
The advanced chip maker announces quarterly results this week, as reports suggest its newest chips may overheat in powerful ...
Amazon plans to compete in AI chips - Bloomberg
According to a Bloomberg report, the effort is taking place in an engineering lab in Austin, Texas, where Amazon (NASDAQ: ...
QUALCOMM Inc (QCOM) Expands AI Chips to Cars and IoT: A $900B Opportunity?
We recently published a list of 15 AI News That Broke The Internet This Week. In this article, we are going to take a look at ...