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Exclusive-Arm expects its share of data center CPU market sales to rocket to 50% this year

Exclusive-Arm expects its share of data center CPU market sales to rocket to 50% this year

Arm Holdings expects its share of the global market for data center central processing units to surge to 50% by the end of the year, up from about 15% in 2024 with gains driven by the boom in artificial intelligence, a senior executive said.
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GlobalFoundries and Taiwanese chipmaker UMC mull potential merger, sources say

GlobalFoundries and Taiwanese chipmaker UMC mull potential merger, sources say

Taiwan’s major chipmaker United Microelectronics and U.S.-based GlobalFoundries are looking into the possibility of a merger, two sources familiar with the matter told Reuters on Monday.
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China's Zhipu AI launches free AI agent, intensifying domestic tech race

China's Zhipu AI launches free AI agent, intensifying domestic tech race

Chinese artificial intelligence startup Zhipu AI unveiled a free AI agent on Monday, joining a wave of similar launches in China’s increasingly competitive AI market.
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Scale AI seeking valuation as high as $25 billion in potential tender offer, Business Insider reports

Scale AI seeking valuation as high as $25 billion in potential tender offer, Business Insider reports

Artificial intelligence startup Scale AI is seeking a valuation as high as $25 billion in a potential tender offer as it looks to capitalize on the booming demand for the technology, Business Insider reported on Friday, citing multiple sources.
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