AMD is set to acquire Finland’s Silo AI for $665 million, underscoring its commitment to artificial intelligence (AI) innovation. Simultaneously, CyrusOne has secured $9.7 billion in new financing to expand AI infrastructure, while semiconductor manufacturing firm TSMC surpasses revenue expectations fueled by strong AI chip...
Software companies have taken over large swathes of the economy during the past few decades. And when something goes wrong with these software companies, something ultimately goes wrong with the large swathes of sectors and businesses that rely upon them. Just take for example the...
OpenAI is reportedly exploring the development of its own artificial intelligence (AI) chips or the acquisition of a chip company to tackle the scarcity of expensive AI chips it heavily relies on. The company has been considering multiple options, including building its own chips, collaborating more...
When it comes to earnings time, there is no company that’s not hoping for a positive outcome. From social media giants like Facebook to the newly acquired Whole Foods and beyond, companies are always striving to do better than in the previous quarter and better...
October 06, 2023
OpenAI is reportedly exploring the development of its own artificial intelligence (AI) chips or the acquisition of a chip company to tackle the scarcity of expensive AI chips it heavily relies on. The company has been considering multiple options, including building its own chips, collaborating more closely with chipmakers like NVIDIA and diversifying its suppliers beyond NVIDIA, […]
July 27, 2017
Advanced Micro Devices (AMD) wowed Wall Street Wednesday (July 26) after posting news of a strong showing in its second quarter. What’s notable about its results is that the upside...
August 26, 2016
Wells Fargo, Advanced Micro Devices (AMD) and Fifth Third Bank have reportedly struck settlement agreements with former employees that may have run afoul of U.S. whistleblower protection laws. According to a report by Reuters,...
