Department has signed a non-binding preliminary memorandum of terms with the company

Team of Tagore engineers will join the company

Developed by researchers at Tianjin University and the Southern University of Science and Technology

Further extends program launched by department in 2023

Jean-Didier Allegrucci joins company as head of hardware engineering

Brings company’s total funding to $4.5m

Left Nvidia last month after almost seven years

Negotiations over pay and benefits have once again broken down

Company spun out of the Delft University of Technology in 2018

Brings total raised by the company to $120m

High-bandwidth memory critical component of AI chips

Company also looking to streamline its growing list of subsidiaries

Deal expected to close in 2025

Company moving to liquid cooling for high-density chips

Company claims its algorithm-specific chips are significantly faster than Nvidia’s upcoming Blackwell offering

Project aims to advance quantum networking capabilities

Worst case scenario under current plans would see industry emissions exceed 100 megatons by 2030

Company with granted approval for the development this week

Company has raised $120 million to date

Cluster replaces end-of-life system in UK

No vendor for the system has been named

Testing process for incoming chips for complicated than previous generations

Advanced AI processors will be manufactured by TSMC

Financial terms of the deal were not disclosed