OLIX, a London-based developer of AI inference infrastructure, has raised $312 million in Series B financing at a valuation of $3.3 billion. The funding comes two years after the company was founded and will support the development and production of its first rack-scale inference systems. The round included Fundomo, Arm and Hudson River Trading, along […]
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The Trump Administration has announced more than $5 billion in federal commitments to expand the Genesis Mission, a national initiative that combines artificial intelligence, advanced computing and federal scientific resources to accelerate research and development. Launched through an executive order in November 2025, the Genesis Mission began at the U.S. Department of Energy and has […]
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Wistron Corporation, global industry experts in information and communications technology products, AI infrastructure and advanced manufacturing, has opened its first U.S. manufacturing facility in Fort Worth, Texas. The approximately 324,000-square-foot facility represents a $700 million investment in advanced U.S. manufacturing. The facility is producing advanced AI computing systems for NVIDIA and is expected to support […]
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