Advanced Micro Devices (AMD) on Thursday (Oct. 10) unveiled a new artificial intelligence (AI) chip aimed at breaking Nvidia’s stronghold on the lucrative data center GPU market. The launch of AMD’s Instinct MI325X accelerator marks an escalation in the AI hardware arms race, with implications...
When Samsung warned this week that its third-quarter profits would fall short of expectations, it wasn’t just a blip for the South Korean tech giant. It signifies a seismic shift rippling through global technology commerce, driven by the increasing demand for artificial intelligence (AI) products....
The artificial intelligence (AI) revolution is raising concerns about a new global semiconductor shortage, with experts offering diverse perspectives on its timing, scope and impact on supply chains, consumer markets and innovation. A new report from Bain and Company warns of surging demand for AI-focused...
Sequoia Capital, Nvidia and Oracle are all in on artificial intelligence this week. From VC investments in AI applications to skyrocketing demand for AI chips and cloud services, industry leaders are repositioning themselves for an AI-powered future that promises to reshape how we work and...
July 01, 2024
As tech giants worldwide scramble to dominate the artificial intelligence (AI) chip market, South Korea’s SK Hynix is making a $74.6 billion wager that could redefine the semiconductor industry — and perhaps the future of computing itself. The company reportedly said it will spend the money through 2028 to strengthen its chips business, with a […]
September 11, 2024
A limited supply of Nvidia’s chips has reportedly left its customers frustrated. “The demand on it is so great, and everyone wants to be first and everyone wants to be best,” Jensen Huang, CEO of the nearly $3 trillion company, said Wednesday (Sept. 11). “We probably have more emotional customers today. Deservedly so. It’s tense. We’re trying to do the […]
September 05, 2024
Nvidia, Microsoft and patent risk management company RPX are facing a lawsuit accusing them of “rampant” patent infringement and antitrust law violations. The suit was filed Thursday (Sept. 5) in a Waco,...
August 25, 2024
Nvidia is expected to show another jump in profits this week thanks to ongoing artificial intelligence (AI) adoption. That’s according to a report Sunday (Aug. 25) by the Press Association,...
July 26, 2024
U.K. startup Fractile has exited stealth and announced it raised $15 million in seed funding to develop a new artificial intelligence (AI) chip. The company will use the investment to...
