Meta Unveils Game-Changing AI Chip to Reduce Dependency on Nvidia In a groundbreaking move reported by Reuters, Meta has launched a cutting-edge AI chip as part of its MTIA series. This innovative chip is meticulously crafted to cater to AI-centric functions, aiming to diminish the tech giant’s reliance on Nvidia’s GPUs while significantly enhancing performance. […]
AxeleraAI receives $66 million EU grant for AI chip development
AxeleraAI Secures €66 Million EU Grant to Propel AI Chip Development AxeleraAI, a trailblazer in the field of artificial intelligence, has recently made headlines by clinching a substantial €66 million grant from the European Union. This funding injection is poised to catalyze the development of cutting-edge AI chips, solidifying the EU’s position in the global […]