Jean-Didier Allegrucci joins company as head of hardware engineering

Brings company’s total funding to $4.5m

Comes less than a year since authority raided Nvidia's France offices

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

AMD & Nvidia-powered HPE Cray system offers 66.8 petaflops

Hosted in CDC's Hume Data Centre in Canberra

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

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

Company with granted approval for the development this week

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

Round was led by UKI2S and Cambridge Enterprise

Confirmed by Elon Musk

Largest one-off direct foreign investment in the country

Bill has received bipartisan support

Decision for facility in Taylor expected to be made in Q4 2024