The old saying is you’ve got to spend money to make money. For Meta, notching a third quarter earnings report with record revenues, the fact remains that the long-term artificial intelligence (AI) roadmap will require as yet undefined billions of dollars of capital investments in...
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....
Microsoft announced Wednesday (Oct. 2) plans for a €4.3 billion ($4.8 billion) investment in Italy, its biggest investment in the country so far. The initiative is set to roll out over the next two years, allowing the Big Tech company to expand its cloud and...
October 30, 2024
The old saying is you’ve got to spend money to make money. For Meta, notching a third quarter earnings report with record revenues, the fact remains that the long-term artificial intelligence (AI) roadmap will require as yet undefined billions of dollars of capital investments in the next year and beyond. The read across might be […]
August 16, 2023
A promise of generative artificial intelligence (AI) is its potential to cut costs. Unfortunately, the realities of the unit economics inherent to building and running foundational AI models might result...
November 03, 2024
OpenAI’s CEO says a dearth of computing capacity is hindering his company’s product rollouts. “All of these models have gotten quite complex,” Sam Altman wrote in a Reddit Ask Me Anything (AMA) session when asked why OpenAI’s next artificial intelligence (AI) models were taking so long. “We also face a lot of limitations and hard […]
October 02, 2024
Microsoft announced Wednesday (Oct. 2) plans for a €4.3 billion ($4.8 billion) investment in Italy, its biggest investment in the country so far. The initiative is set to roll out...
September 17, 2024
A new artificial intelligence (AI) partnership that includes Microsoft and BlackRock aims to mobilize up to $100 billion in total investment potential for data centers and sources of power for...
September 04, 2024
OpenAI reportedly plans to bring together global investors to spend tens of billions of dollars on artificial intelligence (AI) infrastructure in the United States. The planned projects include data centers,...
