At the Computex 2024 tech expo in Taiwan this week, artificial intelligence (AI) was the show’s star as Silicon Valley heavyweights Intel, Nvidia, AMD and Qualcomm displayed their latest AI innovations. The event drew over 80,000 attendees, according to a Friday (June 7) news release,...
Microsoft is reportedly investing $3.2 billion to expand its AI and cloud operations in Sweden. As Reuters reported Monday (June 3), the investment comes as the increasing popularity of generative artificial intelligence (AI) has led to a boom in demand for cloud services. As such,...
Wall Street investment firms are taking advantage of the booming artificial intelligence (AI) industry by providing financing deals backed by AI chips. Graphics-processing-unit (GPU) chips are essential for the development and deployment of advanced AI models, The Wall Street Journal (WSJ) reported Tuesday (May 21). A...
Tech giants and startups are investing billions in AI infrastructure, training and development, with Microsoft planning a $3.3 billion AI data center in Wisconsin, startup Atlan raising $105 million for its AI-ready data stack, and Mistral AI seeking funds at a $6 billion valuation for...
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 in some of even the most prominent platforms going broke themselves. This, as OpenAI — the organization responsible for turning generative AI into a household […]
June 12, 2024
Nvidia is further expanding its partnership with artificial intelligence (AI)/data company Databricks. The latest collaboration, announced Wednesday (June 12), is designed to optimize data and AI workloads by bringing Nvidia’s accelerated computing to the core of Databricks’ data intelligence platform. “As data prep, curation and processing workloads are essential to using enterprise data for generative […]
June 03, 2024
Microsoft is reportedly investing $3.2 billion to expand its AI and cloud operations in Sweden. As Reuters reported Monday (June 3), the investment comes as the increasing popularity of generative...
May 21, 2024
Wall Street investment firms are taking advantage of the booming artificial intelligence (AI) industry by providing financing deals backed by AI chips. Graphics-processing-unit (GPU) chips are essential for the development...
March 18, 2024
Nvidia is reportedly in talks to acquire Run:ai, an Israeli startup that provides an artificial intelligence (AI) infrastructure orchestration and management platform. The potential deal, which is in advanced negotiations, could total...