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1. Super Micro Contractor Pleads Guilty in $2.5B AI-Chip Smuggling Case

   

   …since the US began tightening AI-chip export controls on China in 2022; the two other defendants include a Sup…

   Stories·Oct 10

2. White House Announces $2.4B in AI-for-Science Tool and Compute Credit Pledges From 11 Companies

   

   …er 5 years), AMD ($500M), OpenAI ($200M), Anthropic and Google ($150M each) pledged $2.4 billion in "super-int…

   Stories·Oct 9

3. Etched Fields $40–50B Funding Bids: No Shipped Chips at Scale, Valuation Doubles in Three Months

   

   …hCrunch first reported Oct 5: AI inference-chip startup Etched is fielding $40–50B funding bids, after a $700M…

   Stories·Oct 7

4. DeepSeek Nears $12B Funding Round with Tencent and CATL, Doubling Its Original Target

   

   …d and China's biggest private AI raise this year; it grew from a 50 billion yuan target to at least 80 billion…

   Stories·Oct 6

5. Lambda Seeks $4B in Final Pre-IPO Round at $14.5B Valuation: $35B of Its $50B Backlog Is One Customer

   

   …unch followed): Nvidia-backed AI compute cloud Lambda is raising up to $4B at a $14.5B pre-money valuation, le…

   Stories·Oct 7