Etched raised $300 million in a Series C funding round at a $10.3 billion valuation, announced in late July, less than a month after the company emerged from stealth. Sequoia led the round, which included participation from a16z, Jane Street, Diffusion, and SK Hynix. The company described it as the highest valuation achieved in a
The U.S. Department of Energy has selected IBM for a Phase I Genesis Mission project focused on AI-assisted quantum application development. The company also plans to provide up to $50 million in access to IBM quantum systems for DOE national laboratories and their partners over the next five years. The Genesis Mission is building a
Marvell used FMS 2026 to introduce new memory infrastructure technologies aimed at helping hyperscalers and cloud providers scale memory independently from compute. The portfolio spans server-level AI storage, rack-scale CXL memory expansion and pooling, and pod-level optical shared memory. The releases target growing memory demands from agentic AI inference. Larger models, longer context windows, and
Sandisk and SK hynix have released the first HBF (High Bandwidth Flash) technical specification through the Open Compute Project, six months after the two companies formed the HBF workstream in February. Google and Tenstorrent joined the consortium during the standardization process, and the spec is now openly available to any company designing AI inference systems
VDURA and Wasabi Technologies have formed a technology alliance to connect GPU-adjacent AI data infrastructure with predictably priced, S3-compatible cloud storage. The partnership targets AI factories, neoclouds, and enterprise high-performance computing environments that need to keep active datasets and model checkpoints close to GPUs while moving inactive data to lower-cost cloud capacity. The approach is
Historically, every storage read by a GPU has traversed the host CPU, which manages the file system, submits commands, and returns the data. This overhead is negligible for large sequential transfers but becomes a limiting factor when handling millions of 512-byte operations per second. At FMS 2026 in Santa Clara, NVIDIA announced new software and
Samsung used the Future of Memory and Storage (FMS) 2026 conference to present its latest memory and storage technologies for artificial intelligence and high-performance computing. The company highlighted developments in DRAM, NAND, enterprise storage, advanced packaging, and semiconductor manufacturing. Samsung’s opening keynote, titled “Driving the Wave of AI Revolution: 3D Innovations in Memory & Storage
Lenovo’s ThinkPad P14s Gen 7 packs a Series 3 Intel Core Ultra 7 366H with Intel vPro and NVIDIA’s RTX PRO 1000 Blackwell Generation laptop GPU into a 14.5-inch mobile workstation that starts at 3.59 pounds. Our review unit backs that pairing with 64GB of LPCAMM2 memory in a single customer-replaceable module, a 2TB PCIe
IBM and three research partners, the University of Chicago, Algorithmiq, and Qedma, have published separate quantum-computing studies focused on a common barrier to quantum advantage claims: establishing confidence in results that classical systems cannot directly reproduce. The work spans encoded logical circuits, quantum-material simulations, and error-mitigated many-body physics. In each case, IBM Quantum Heron processors
KIOXIA has introduced the GP1 Series PCIe 6.0 NVMe SSD, the first product in its GP Series of Super High IOPS drives optimized for GPU direct access. KIOXIA describes it as building on the GP Series technology it introduced in March, now realized in shipping silicon. Built around second-generation KIOXIA XL-FLASH memory, the drive is
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