Microsoft and Lambda strike multibillion-dollar AI infrastructure pact built on Nvidia chips
AI cloud startup Lambda said it reached a multibillion-dollar agreement with Microsoft to build out artificial-intelligence infrastructure using tens of...
Read moreDetails
OpenAI and Amazon ink $38 billion cloud-AI pact
OpenAI struck a seven-year, $38 billion agreement to run its AI workloads on Amazon Web Services, securing access to vast...
Read moreDetails
Meta’s AI push lacks a killer product
Meta’s heavy bet on artificial intelligence is rattling investors. The company reported a surge in operating costs—up $7 billion year...
Read moreDetails
Microsoft to resume hiring, aiming for higher productivity per employee through AI, Nadella says
Microsoft Chief Executive Satya Nadella said the software giant plans to expand its workforce after a year of layoffs and...
Read moreDetails
Nvidia spearheads U.S. AI manufacturing with Arizona-based production of its fastest chips
Nvidia will manufacture its most advanced AI chips in Arizona, a shift Chief Executive Jensen Huang framed as part of...
Read moreDetails
Xi Urges Global AI Governance Body at APEC, Positioning China as U.S. Counterweight
Chinese President Xi Jinping used the APEC leaders’ meeting in Gyeongju to call for a World Artificial Intelligence Cooperation Organization,...
Read moreDetails
Earnings Expose Fault Lines in Big Tech’s AI Spending Spree
Wall Street cheered AI-fueled results where they translated into revenue, but punished heavy spending without clear payoffs. Meta’s shares logged...
Read moreDetails
Nvidia accelerates South Korea’s AI ambitions with rollout of up to 260,000 GPUs
Nvidia will supply up to 260,000 AI chips to South Korean corporations and the government, a move that underscores the...
Read moreDetails
Intel explores purchase of AI chip maker SambaNova, Bloomberg says
Intel is in preliminary talks to acquire AI chip startup SambaNova, according to Bloomberg, in a move that could bolster...
Read moreDetails
Nvidia’s Jensen Huang: AI Has Entered a Self-Reinforcing Boom
Nvidia Chief Executive Jensen Huang said artificial intelligence has entered a “virtuous cycle” in which rapid improvements in models spur...
Read moreDetails
