Ubitium, a hardware startup, has introduced a revolutionary universal RISC-V processor designed to enable advanced AI capabilities without needing specialized chips, thereby simplifying and cost-reducing embedded system architectures. This breakthrough challenges the longstanding industry reliance on specialized CPUs, GPUs, and other chips for various computing tasks, a paradigm prevalent since the 1960s. Ubitium’s recent $3.7 million seed funding will support the development of prototypes, aiming for commercial availability by 2026. The company’s innovative approach leverages a scalable and workload-agnostic microarchitecture to transform system design across diverse industries, pushing the frontier of AI integration in everyday technology.
In other market news, Cambricon Technologies was a standout up 8.3% and finishing the session at CN¥514.32, approaching the 52-week high. Meanwhile, Waaree Energies softened, down 6.2% to end the day at ₹2,721.45.
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Intel ended the day at $24.44 up 1.8%.
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NVIDIA ended the day at $146.67 up 0.5%, near its 52-week high. This week, NVIDIA reported strong third-quarter earnings with significant year-over-year sales and net income growth, while also providing optimistic revenue guidance for the fourth quarter.
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Advanced Micro Devices ended the day unchanged at, $137.49.
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