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,...
NVIDIA has unveiled a superchip that boosts capacity and speed for use in generative artificial intelligence (AI) and other accelerated computing demands. The Grace Hopper Superchip is expected to serve as the basis of systems delivered by manufacturers beginning in the second quarter of 2024,...
Amazon Web Services (AWS) says it is upping its investment in its Ohio data center operations. The company announced Monday (June 26) that it will spend an estimated $7.8 billion to expand its data centers in the state by 2030. The investment, building on AWS’ nearly 7-year-old effort...
In the week that Amazon, Alphabet, Meta, Microsoft and other Silicon Valley Big Tech firms announced their third quarter (Q3) earnings, the general picture reflected a worldwide slowdown in spending as most of the firms posted weaker-than-expected quarterly results. And with swift retribution, traders responded...
July 17, 2024
Cryptocurrency miners are reportedly scrambling to boost their revenues by forging deals with AI developers. As the Financial Times (FT) reported Wednesday (July 17), these miners operate vast, powerful computing sites and have struggled to turn a profit due to high energy costs and reduced rewards for mining. Now, the report says, the miners seek […]
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...
August 08, 2023
NVIDIA has unveiled a superchip that boosts capacity and speed for use in generative artificial intelligence (AI) and other accelerated computing demands. The Grace Hopper Superchip is expected to serve...
June 26, 2023
Amazon Web Services (AWS) says it is upping its investment in its Ohio data center operations. The company announced Monday (June 26) that it will spend an estimated $7.8 billion to expand its...
