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AI EXPANSION
Meta to put AI chip into production in September as it looks to double computing capacity, memo showsMeta Platforms plans to manufacture its own artificial intelligence chip starting September. This initiative aims to significantly increase...- Global Market: Cerebras bets big on Europe with AI infrastructure expansion amid soaring demandCerebras is significantly increasing its European AI computing capacity. The company plans to reach 200 megawatts by next year. This expans...
- AI chip challenger Cerebras sets sights on EuropeCerebras plans significant European computing capacity expansion to challenge Nvidia. The AI chip startup is responding to extraordinary de...
- ET Most Innovative AI Product Awards 2026: India's biggest AI opportunity may not be in its biggest citiesET Most Innovative AI Product Awards 2026 recognise AI products that are making a measurable impact across the country. With AI adoption gr...
- Taiwan central bank chief warns of AI bubble riskSpeaking at a parliamentary hearing, Governor Yang Chin-long told lawmakers that the AI boom has become a major driving force in Taiwan's ...
- US Stock Market: Meta unveils C$13 billion AI data centre in Canada; stock in focusMeta Platforms will invest C$13 billion in its first Canadian data centre. This facility in Sturgeon County, Alberta, will support artifici...
- China's MiniMax plans to launch giant 2.7 trillion parameter modelChinese AI firm MiniMax is developing a 2.7 trillion-parameter model. This new model could become the world's largest open-weight AI system...
- SpaceX's biggest bull sees valuation soaring above $10 trillionRaymond James analyst Brian Gesuale initiated coverage on SpaceX with a strong buy. He set an $800 price target, projecting significant fut...
- Physical AI startup Mowito raises $3 million to teach factory robots by demonstration, not codeFounded in 2024 by Rastogi, Adityanag Nagesh, and Safar V, Mowito builds software designed to run on standard, unmodified industrial roboti...
- China's DeepSeek developing its own AI chipThe chip is designed for inference - the stage of AI computing in which a trained model generates responses for users - rather than for tra...
- Yotta raises $150 million at $3.9 billion valuation to fund AI infrastructure expansionYotta Data Services secured $150 million from investors for business expansion. The company plans to significantly increase its AI cloud ca...
- SK Hynix's $28 billion US IPO to test its $1 trillion AI rally. Here's howSK Hynix has launched a US share sale targeting about $28 billion through a Nasdaq listing, capitalising on AI-driven investor demand. The ...
- Micron, Ford sign semiconductor supply agreement for vehiclesMicron Technology has inked a significant long-term deal with Ford Motor, ensuring a steady supply of essential memory and storage chips fo...
- Indian startups face global expansion challenges despite growing tech ecosystem, says CES VPJohn T. Kelley, vice president, Consumer Technology Association and show director for its Consumer Electronics Show (CES), said home-grown ...
- Companies prioritising AI readiness, specialised skills over large-scale workforce expansion: ReportIndian companies are now prioritizing skilled talent and AI readiness over sheer hiring numbers, a shift towards precision in recruitment. ...
- Bridgepoint leads €200 million fundraising in French HR tech firm Skello, source saysBridgepoint's investment will be made through Bridgepoint Development Capital V, the same lower-middle-market fund the firm used to reinves...
- For one small business, AI was key to a quick start and expansionThe rapid emergence and spread of AI has become a defining feature of the U.S. economy, of prime interest to Federal Reserve officials tr...
- Paisalo Digital bets on AI and Nvidia chips to double its loan book in 3 yearsPaisalo Digital is aggressively pursuing a technology-first strategy, aiming to double its loan book in three years while maintaining a hea...
- OpenAI says ChatGPT is expanding beyond early adoptersSustained engagement and habitual use are becoming key metrics for companies as they race to build AI assistants that consumers use as part...
- Global Market: Samsung, SK Hynix double down on AI chip boom with massive investment push despite oversupply risksSouth Korean chip giants Samsung and SK Hynix are investing trillions to boost memory chip production, fueled by soaring AI demand. This am...
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