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AI COMPUTING POWER INVESTMENT
OpenAI forecasts cash burn near $280 billion by 2030: ReportThe projection highlights OpenAI's funding needs as it seeks fresh investment, with the FT reporting earlier this week that the ChatGPT mak...
MediaTek Dimensity 9600 Pro launched: First 2nm chip brings LPDDR6, UFS 5.0 and dual NPUMediaTek has unveiled its Dimensity 9600 Pro processor, utilizing TSMC's cutting-edge 2nm technology. This processor boasts a high-performa...
AI infrastructure provider Crusoe valued at $30.9 billion in latest funding roundThe Series F round was co-led by Atreides Management, Mubadala Capital and Valor Equity Partners, alongside significant backing from new an...
Nabfid sanctions Rs 3,000 crore-plus loans to at least four data centres as AI capex accelerates in IndiaNabfid is sanctioning significant loans for India's growing data center infrastructure needs. These facilities support the nation's push fo...
Chinese AI not powerful enough to see rogue-AI risks, says HuaweiSome Chinese commentators have portrayed proposals to "pace" frontier AI development as an attempt to constrain rivals that remain behind l...
Nebius hikes AI cloud prices again as demand for computing power soarsDemand for computing capacity to train and run AI models is surging; rival CoreWeave said earlier in the day that it is signing contracts a...
Huawei's Xu says Chinese AI not powerful enough yet to see frontier risksHis comments come as alarm over AI safety has intensified in the United States, where leading developers and researchers have warned that i...
Huawei unveils new chip technologies as Chinese firm steps up the AI race with NvidiaHuawei's announcement Thursday at its annual key conference in Shanghai came just days before an expected meeting between U.S. President Do...
China's Huawei sets 2027 launch for new AI chips as it targets NvidiaThe company is also working on ways to connect very large numbers of AI chips, allowing them to work together as one bigger computing syste...
Snap targets enterprises with Salesforce, Nvidia AI tools for augmented-reality glassesSnap on Wednesday announced partnerships with companies including Salesforce, Nvidia and Amazon Web Services to integrate workplace tools i...
Cohere, Aleph Alpha combine to target enterprise AI marketThe combined business will operate as Cohere, with dual headquarters in Toronto and Berlin, while Aleph Alpha's Heidelberg office will focu...
China's Huawei forecasts billions of agents will dominate AI traffic by 2035China's Huawei expects autonomous agents to account for more than 90% of global AI token traffic by 2035, requiring huge increases in compu...
AI’s trillion-dollar question: What happens if the boom slows?AI leaders urge a slowdown in advanced model development for safety measures. This call has caused significant market reactions and stock p...
Global Market: SB Energy to sell up to $500 million worth of shares to Japanese investors ahead of US IPOSB Energy, backed by SoftBank, plans to raise up to $500 million from Japanese investors through a share sale as it prepares for a US listi...
Slow the AI race? Investors weigh the potential costCalls to rein in the development of ever more powerful AI models are fuelling fears over the massive capital outlays in the sector -- and t...
Anthropic's AI warning may weigh on chips, but trade seen intactAI executives are calling for a deliberate slowdown in the pace of advanced model development. This plea may lead to short-term pressure on...
Nvidia in talks to invest in Anthropic's mega IPOAnthropic is seeking to raise as much as $100 billion that could value the artificial intelligence startup at around $2 trillion, the peopl...
US, India partner to secure undersea cable networks and expand digital connectivity under TRUST initiativePointing to India's crucial role in the expanding global network, the US Embassy highlighted that New Delhi's booming digital economy, surg...
Avisirah Technologies’ Navi Mumbai AI data centre gets ₹75 crore funding from Syndicate FinanceAvisirah Technologies has successfully secured a ₹75 crore loan to bolster its data centre in Navi Mumbai. This recent funding follows an e...
Empower India eyes major gains from AI computing boom via sustainable infra pushAnticipating a boom in the AI computing landscape, Empower India is taking strategic steps towards enhancing sustainable digital infrastruc...