🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥

Startup Showcase

Premium Content

Try our Valuation Calculator →

News on Medial

Arm hires Amazon AI exec to boost plans to build its own chips - The Economic Times

Economic Times

Economic Times · 23d ago

Arm hires Amazon AI exec to boost plans to build its own chips - The Economic Times

Arm Holdings has hired Amazon AI chip director Rami Sinno to lead its venture into developing complete chips. Previously, Arm focused solely on chip designs, but now it aims to build full systems and chiplets. This strategic shift involves hiring experienced industry professionals to expand Arm’s capabilities beyond just intellectual property, thereby increasing its market influence. Sinno's role at Amazon involved creating AI chips like Trainium and Inferentia, setting a strong foundation for Arm's new direction.

Related News

Arm considers developing own chips; stock falls as outlook disappoints - The Economic Times

Economic Times

Economic Times · 1m ago

Arm considers developing own chips; stock falls as outlook disappoints - The Economic Times

Arm Holdings plans to develop its own chips, shifting from its traditional licensing model and potentially competing with customers. This strategic change coincides with a disappointing profit forecast, causing an 8% drop in shares. Arm's investments in chiplets and finished chips mark a departure from merely supplying intellectual property. Despite dominating smartphone processors, Arm faces challenges due to global trade tensions, impacting demand and contributing to uncertain market conditions.

Amazon, Databricks strike five-year deal around AI chips

Livemint

Livemint · 11m ago

Amazon, Databricks strike five-year deal around AI chips

Amazon and startup Databricks have formed a five-year deal aimed at reducing costs for businesses looking to build their own AI capabilities. Under the agreement, Databricks will utilize Amazon's Trainium AI chips to power services that enable companies to customize or build their own AI models. The deal signifies Amazon's positioning as a neutral provider of AI technology, while Databricks aims to leverage Amazon's AI chips to offer faster and cheaper AI capabilities to businesses. The financial terms of the agreement were not disclosed.

Google just unveiled a new weapon against Microsoft and Amazon in the AI arms race

Business Insider

Business Insider · 1y ago

Google just unveiled a new weapon against Microsoft and Amazon in the AI arms race

Google has announced its partnership with Arm to develop its own CPU called Axion, joining competitors like Amazon and Microsoft who have already created custom Arm-based processors. The move is part of Google's efforts to enhance its computing resources, with Axion set to improve performance for general-purpose workloads such as open-source databases, web servers, and AI training. The company claims Axion will deliver 30% better performance than existing Arm-based chips in the cloud and improve energy efficiency by 60%. Google's decision to create its own AI chips may create competition with partners like Nvidia and Intel while potentially cutting costs.

Nvidia’s Big Tech rivals put their own AI chips on the table

Economic Times

Economic Times · 1y ago

Nvidia’s Big Tech rivals put their own AI chips on the table

Big tech companies like Amazon, Google, Meta, and Microsoft are investing in building their own AI chips to reduce costs, eliminate shortages, and challenge NVIDIA's dominance in the AI chip market. While NVIDIA is the leader in AI chip sales, the tech giants are looking to control their own destiny by creating their own chips. However, they continue to work closely with NVIDIA and maintain partnerships with the chipmaker, ensuring they still offer its chips alongside their own. The AI chip market is projected to double by 2027, reaching around $140 billion.

OpenAI could launch its own AI chip next year

The Verge

The Verge · 4d ago

OpenAI could launch its own AI chip next year

OpenAI plans to start mass production of its own AI chips next year, collaborating with Broadcom. These custom chips will be used internally, not sold to external customers, mirroring strategies of tech giants like Google and Amazon. This move aims to cut costs, secure supply, and reduce dependence on Nvidia. OpenAI's investment in AI infrastructure reflects a broader industry trend to support data-intensive AI models. Broadcom's $10 billion chip order likely includes OpenAI's involvement.

Nvidia’s business is booming. Here’s what could slow it down.

Livemint

Livemint · 1y ago

Nvidia’s business is booming. Here’s what could slow it down.

Nvidia's sales and earnings continue to soar, but challenges to their position at the forefront of the AI market are emerging. Rivals and customers are developing chips to compete with Nvidia, and AI companies are seeking more efficient models that don't require Nvidia chips. Despite these challenges, Nvidia's CEO, Jensen Huang, sees opportunities for growth by expanding the company's role into crafting data centers. Nvidia also faces competition from big tech companies like Amazon, Google, Microsoft, and Meta Platforms, which are designing their own chips. However, Nvidia plans to release new generations of advanced AI chips to maintain its dominance in the market.

Amazon racing to develop AI chips cheaper, faster than Nvidia's, executives say

Economic Times

Economic Times · 1y ago

Amazon racing to develop AI chips cheaper, faster than Nvidia's, executives say

Amazon is developing its own chips to reduce its reliance on Nvidia and offer cheaper alternatives for customers. The company's AI chips, Trainium and Inferentia, aim to make computing complex calculations and handling large amounts of data more affordable. David Brown, Vice President at Amazon Web Services (AWS), stated that the chips offer up to a 40-50% improvement in price and performance compared to Nvidia. AWS saw a 17% surge in sales to $25 billion in Q1, with Amazon using its chips during Prime Day to handle increased activity.

South Korean chipmakers accelerate facility investments amid booming AI demand - The Economic Times

Economic Times

Economic Times · 2m ago

South Korean chipmakers accelerate facility investments amid booming AI demand - The Economic Times

South Korea's semiconductor giants, Samsung Electronics and SK hynix, are ramping up facility investments to meet rising demand for AI chips. Samsung plans to resume construction on its Pyeongtaek Campus, shifting areas for DRAM production, while SK hynix is expanding its M15X plant for advanced DRAM chips. The AI semiconductor market is expected to escalate from $41.1 billion in 2022 to $133 billion by 2028, spurred by the increasing need for high bandwidth memory in AI applications.

Arm plans to launch AI chips in 2025: report

Economic Times

Economic Times · 1y ago

Arm plans to launch AI chips in 2025: report

Arm Holdings, a subsidiary of SoftBank Group, is planning to develop its own artificial intelligence (AI) chips. The UK-based company aims to launch its first AI chip products by 2025. Arm will establish an AI chip division and work towards building a prototype by spring 2025, with mass production handled by contract manufacturers starting in autumn 2025. SoftBank and Arm will contribute to the development costs, which could amount to hundreds of billions of yen. The possibility of spinning off the AI chip business and placing it under SoftBank is being considered.

Arm CEO Rene Haas on the AI chip race, Intel, and what Trump means for tech - The Verge

The Verge

The Verge · 8m ago

Arm CEO Rene Haas on the AI chip race, Intel, and what Trump means for tech - The Verge

Rene Haas, CEO of Arm, was interviewed at an event hosted by AlixPartners. They discussed the shifts in the chip industry, the impact of AI, Arm's role as a chip designer, the company's relationship with SoftBank, the problems at Intel, the US-China debate, tariffs, and Arm's future strategies. Haas mentioned the potential of Arm designing its own chips and addressed concerns about competing with customers. He also highlighted the growth of AI workloads and Arm's focus on software optimization. Overall, the interview provided insights into Arm's positioning in the tech industry and its plans for the future.

Trackers

Active Indian VC’s

OG Capital Email

With a hands-on approach, OG Capital aims to invest in over 20 promising...

Accel Partners Email

Early and growth-stage investments in disruptive technology companies with...

Early-stage venture capital firm investing in technology startups in India. Focus on...

Access All Trackers

Startup Showcase Winners

Aug 2025

Build. Comply. Fund. Fly.

Crypto to INR payments app for Indians

Your CV, Done Right.

Enter Ongoing Startup Showcase

Top Users

Trending News on Medial

Download the medial app to read full posts, comements and news.