2026-07-24
AMD teams up with Eric Trump-backed Foundation to build humanoid robots
AMD has spent the year trying to prove it can do more than trail Nvidia. Its latest move takes the fight somewhere new, to the inside of a humanoid robot. The chipmaker has agreed to supply the compute for machines built by Foundation, a San Francisco startup whose backers include Eric Trump. For a company […]<br /> This story continues at The Next Web [...]
2026-07-24
Genesis AI is in talks to raise about $500m for its robot brains
Genesis AI, the startup building foundation models that it hopes will run inside a wide range of robots, is in talks to raise about $500m, according to Bloomberg. A round of that size would value the company at roughly $3bn, capping a fast climb for a business that only came out of stealth last summer. […]<br /> This story continues at The Next Web [...]
2026-07-24
Oracle wins Pentagon software deal worth up to $7bn
The Navy-negotiated framework consolidates the military’s scattered Oracle licences, on a $3.31bn base that could nearly double if a five-year option is exercised. Oracle has secured a contract with the US Department of War worth as much as $6.99bn, the largest step yet in the Pentagon’s campaign to stop paying for the same software several […]<br /> This story continues at The Next We [...]
2026-07-24
Nvidia commits $1.5B to Amkor to expand US chip packaging
Nvidia has agreed to give Amkor Technology a $1.5 billion prepayment to expand advanced semiconductor packaging and testing in the United States, tightening a supply relationship that already sits behind its data-centre chips. The agreement, announced on 23 July, pushed Amkor shares up by roughly 12% in after-hours trading. Packaging is the least glamorous stage of […]<br /> This story co [...]
