IPOs & Markets
Altera confidentially files for US IPO as demand for AI chips grows
The Intel- and Silver Lake-backed programmable-chip maker submitted a confidential draft registration statement and could seek more than $2 billion.
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GPUs & CPUs
Cornelis raises $205 million for open AI-chip networking fabric
The Intel spinoff introduced Active Compute Fabric, a networking technology designed to reduce idle time in GPU and accelerator clusters.
Startups & Funding
Buildots raises $130 million to expand AI construction software
The Tel Aviv startup plans to scale its construction-management platform as data-center and infrastructure building accelerates.