Nvidia, a dominant global designer of AI chips, is reportedly establishing a new business unit focused on designing customized chips for cloud computing companies and […]
Category: Technology
Open AI surpasses $2 billion in revenue, aims to double by 2025 with microsoft backing.
According to sources familiar with OpenAI’s financials, the artificial intelligence (AI) company, supported by Microsoft, achieved a significant milestone by surpassing $2 billion in revenue […]
Meta platforms plans deployment of new AI chip in 2024 to reduce dependence on nvidia.
According to an internal company document viewed by Reuters on Thursday, Meta Platforms, the owner of Facebook, is set to deploy a new version of […]
Apple launches vision pro, a $3,499 augmented reality headset, marking a significant leap into spatial computing.
On Friday, Apple’s U.S. retail stores will introduce the Vision Pro, the tech giant’s latest innovation priced at $3,499 – a remarkable step into the […]
Super micro computer shares soar 11% on strong quarterly results and raised revenue forecast.
Super Micro Computer’s shares (SMCI.O) experienced an impressive surge of nearly 11% before Tuesday’s opening bell following the AI server maker’s stellar quarterly performance and […]
Biden administration set to award billions in subsidies to semiconductor companies.
The Biden administration is reportedly set to announce subsidies totaling billions of dollars for major semiconductor companies, including Intel and Taiwan Semiconductor Manufacturing Co (TSMC), […]
China approves over 40 AI models for public use in six months.
In the first six months since Chinese authorities initiated oversight of AI development, more than 40 artificial intelligence (AI) models have received approval for public […]
Google unveils lumiere: cutting-edge AI video maker with space-time-u-net (STUNet) model.
Google has entered the competitive arena of AI with the introduction of Lumiere, its groundbreaking AI video maker. Lumiere distinguishes itself by employing an innovative […]
Bain capital resumes talks with SK hynix to revive merger negotiations with western digital and Kioxia holdings.
Bain Capital has reportedly reopened discussions with SK Hynix (000660.KS) in an effort to reignite negotiations for the merger of memory chip manufacturers Western Digital […]