AI Industry Development & Policy Dynamics

Cover foundation model launches, product releases, major company developments, funding activity, regulation, compliance, and compute infrastructure trends shaping the global AI landscape.
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ByteDance in Advanced Talks to Buy Custom AI Chips from MediaTek

According to Bloomberg, ByteDance is in advanced talks to buy custom data center AI chips from MediaTek, a Taiwanese semiconductor company. If completed, the deal would make ByteDance MediaTek's second major customer for application-specific integrated circuits, or ASICs, after Google. The move refl
GateNews·10-15 06:19
ByteDance in Advanced Talks to Buy Custom AI Chips from MediaTek

TSMC Q3 Net Profit Hits Record $23.59B, Up 69% on AI Chip Demand

According to TSMC, the world's largest semiconductor foundry announced on October 15 that its third-quarter net profit surged 69% year-over-year to 763.1 billion New Taiwan dollars, or approximately $23.59 billion, marking a historic high. The July-to-September earnings of 763.1 billion TWD exceeded
GateNews·10-15 05:44
TSMC Q3 Net Profit Hits Record $23.59B, Up 69% on AI Chip Demand