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...
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...
Cryptocurrency miners are reportedly experience a resurgence of sorts thanks to the artificial intelligence (AI) boom. That’s according to a Sunday (July 2) report by The Wall Street Journal (WSJ), which notes that a number of companies tied to the crypto business have pivoted to...
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 artificial intelligence (AI) has led to a boom in demand for cloud services. As such, companies like Microsoft and Amazon Web Services (AWS) are spending […]
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...
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...
July 02, 2023
Cryptocurrency miners are reportedly experience a resurgence of sorts thanks to the artificial intelligence (AI) boom. That’s according to a Sunday (July 2) report by The Wall Street Journal (WSJ),...
