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Amazon to boost spending on AI and other technology by $20 billion after strong Q2 resultsThe Seattle-based company said Thursday that sales in its cloud computing unit called AWS rose 37% during the April-June period, faster tha...
US stocks: Amazon beats estimates for quarterly cloud revenue growthAmazon Web Services cloud revenue surged significantly, surpassing market forecasts. This strong performance was fueled by increased enterp...
Sam Altman eyes South Korea as testbed for OpenAI's first hardware deviceOpenAI's CEO is keen to test its inaugural hardware in South Korea, aimed for release by the first quarter of next year. This innovative sc...
Nvidia to invest $5 billion in Ilya Sutskever's AI startupThe two companies announced the deal Monday morning without disclosing financial terms. The funding will boost SSI's available computing ...
South Korea's SK Hynix, Samsung Electronics sign $950 billion partnership with US big techThe partnership includes the long-term supply of $750 billion in memory chips to US companies by SK Hynix and $200 billion in chips by Sams...
Execution is bigger challenge than profitability: Fractal CEOFractal reported a sharp 38% sequential decline in net profit to Rs 72.3 crore in April-June quarter. However, on a yearly basis, net profi...
South Korea President Lee looking to open new era of AI in with global tech companiesPresident Lee delivered a keynote address unveiling a "San Francisco AI Declaration" that outlined South Korea's AI ambitions and its visio...
Samsung, SK Hynix to announce major chip deals with US tech companies, Seoul saysSamsung Electronics and SK Hynix are set to announce major long-term memory chip supply deals with US technology companies during South Kor...
AMD says its newest AI server is in full production, will ship in monthsThe Helios servers will contain AMD's latest MI455X AI accelerator with its new Venice central processor, both of which are made by Taiwan ...
AMD expected to launch next generation of AI infrastructure to challenge NvidiaAdvanced Micro Devices is launching new artificial intelligence hardware on Thursday. This new hardware aims to compete directly with Nvidi...
South Korea's Lee to visit South America and Germany, attend AI summit in USPresident Lee Jae-myung will visit San Francisco, Brazil, Chile, and Argentina. He will attend an AI summit and meet tech leaders there. Tr...
TCS-OpenAI deal takes shape; Paytm's AI betTCS has secured land in Vizag and Pune that could host OpenAI's first data centres in India. This and more in today's ETtech Top 5.
Global Market: PayPal takeover talks intensify as board mulls improved bidPayPal is reviewing a $53 billion takeover bid from Stripe and Advent International but considers the $60.50-per-share offer too low. Amid ...
Anthropic rolls out rupee pricing for Claude AI in IndiaThis shows India's growing importance across Anthropic's markets. India accounts for about 6% of global Claude usage. The AI giant opened a...
ETtech Explainer: Why did Apple sue OpenAI? All you need to know about the tech battleApple has sued OpenAI and two former employees over trade secret theft, alleging confidential information was shared to aid hardware entry....
Apple files lawsuit accusing ChatGPT maker OpenAI of stealing trade secretsApple has accused OpenAI of stealing its trade secrets for new hardware. Two former Apple employees now working for OpenAI are named defend...
Apple sues OpenAI, two former employees for trade secrets theftApple has sued OpenAI and two former employees alleging trade secret theft. The lawsuit claims confidential information was used to acceler...