AI Pulse · Topic

AI Chips & Hardware news

AI chips, data centres, power and devices

AI MoneyUS2 Nov 2026

onsemi to buy Ferric for $600 million to improve power delivery for AI chips

Chipmaker onsemi will pay $600 million in cash at closing, plus up to $175 million more on revenue milestones, for Ferric, a maker of integrated voltage regulators for AI processors.

AI MoneyUS14 Oct 2026

Modal raises $750 million at a $15.75 billion valuation as AI cloud revenue tops $1 billion a year

AI cloud company Modal has raised a $750 million Series D led by Accel at a $15.75 billion post-money valuation, after crossing $1 billion in annualized run rate.