AI chip startup SambaNova surges to an $11 billion valuation after raising $1 billion led by General Atlantic, with JPMorgan Chase deploying its systems and a U.S. IPO targeted for 2027 as it challenges Nvidia's dominance in the AI chip market.
Meta rolls out a smart glasses update that automatically disables the camera if the privacy LED is tampered with or destroyed, responding to growing misuse concerns including harassment incidents, facial recognition backlash, and rising bans at public venues.
DeepSeek is racing to develop its own AI chips after spending a year recruiting engineers and meeting with hardware partners, aiming to break free from dependence on both Nvidia and Huawei as Chinese and American AI giants alike pursue custom silicon for greater control over their technology.
Samsung Electronics posts a jaw-dropping 19-fold surge in quarterly operating profit to $58 billion, yet shares plunge over 10% and trigger a market circuit-breaker in Seoul as sky-high investor expectations, fueled by a 150% stock rally tied to AI chip demand, go unmet.
Chinese smart glasses startup Even Realities hits a $1 billion unicorn valuation after securing $150 million in Tencent-backed funding, with its privacy-focused G2 glasses challenging Meta's dominance in a market that surged 167% year-over-year in Q1 2026.
Broadcom shares surge over 6% after Apple extends their chip partnership through 2031, with Broadcom set to supply custom AI-focused ASIC chips across multiple Apple product generations, including advanced AI servers planned for 2027.
TeraWulf shares surge 13% after signing a landmark 20-year, $19 billion AI infrastructure lease with Anthropic at its Kentucky data campus, while also selling a major joint venture stake for $450 million to focus on wholly owned AI projects.
Nvidia's next-gen Kyber NVL144 rack system is delayed to 2028 due to manufacturing failures with a critical circuit board, leaving the AI chip giant without a large-scale solution for its Rubin Ultra chips and handing rivals AMD and Google a rare opening to challenge its dominance.
TeraWulf secures a landmark 20-year, $19 billion lease deal with Anthropic at its Kentucky data campus while simultaneously selling its Bitcoin mining stake for $450 million, signaling a bold and decisive pivot toward AI infrastructure dominance.
A developer reveals how to run cutting-edge AI locally using two budget tiers — a $2K dual RTX 3090 setup or a $40K four-GPU Blackwell system rivaling Claude Opus — with detailed hardware configs, PCIe optimization tricks, and power management tips to make local LLMs a viable reality.