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Samsung hikes chipmaking prices by up to 15% on demand spikeDemand from Chinese customers has been particularly strong, but Samsung has been unable to meet all orders because it must serve US custome...
AI chip startup Etched doubles valuation to $21 billion in under a monthThe San Jose, California-based company raised $700 million, with trading firm Jane Street continuing its backing by leading the round, jo...
Cerebras launches new server chip and system designed to speed AI chatbotsCerebras makes AI hardware and chips that compete with Nvidia and targets the portion of AI called inference, the computing process of gene...
IT leans on model FinOps workstreams as scaling AI costs strain enterprise budgetsThe shift comes as enterprises turn AI usage into a recurring business expense and make cost and value management a larger part of AI trans...
Building for scale, security and privacy: Inside PhonePe’s AI playbookAs AI capabilities become more deeply embedded across products and platforms, the interface itself becomes less visible. What matters is wh...
Anthropic IPO valuation hinges on $190-200 billion 2028 revenue forecast: ReportWall Street is currently assessing Anthropic's valuation in light of its anticipated revenue growth for the upcoming IPO. The AI company fo...
Anthropic IPO valuation hinges on $190-200 billion 2028 revenue forecastAnthropic is projecting 2028 revenue of roughly $190 billion to $200 billion, according to two people familiar with the company's financial...
Anthropic IPO valuation hinges on $190-200 billion 2028 revenue forecast, sources sayAs Anthropic prepares for its initial public offering, Wall Street is keenly evaluating the company's worth through the lens of its project...
Cerebras AI growth story faces investor reality checkCerebras shares fell sharply after a revenue miss, despite stronger core revenue and a raised outlook. Investors now await profitable scali...
IBM, Together AI ink $240 million deal for Nvidia-powered AI inference clusterThe cluster will provide inference for open-source AI models, which have gained traction as businesses seek to rein in AI costs and weigh...
India Inc leans on hybrid AI strategy: A string of models for cost and controlIndian enterprises are moving towards hybrid AI to balance cost, performance & data sensitivity as frontier open-weight models narrow the g...
ETtech Explainer: Meta's stop-start strategy for its open source AI modelsGlimmer, a 30-billion-parameter model, is much smaller than leading AI models from rivals and is designed for agentic tasks. It can run on ...
Scientists use AI to create viruses that don’t exist in nature for the first timeScientists have designed and created new viruses using artificial intelligence. These AI-designed bacteriophages successfully replicated an...
AMD deepens AI inference bet with Taalas deal as chip race heats upToronto-based Taalas develops specialized silicon designed to reduce computing and memory bottlenecks in AI inference, the process of run...
AMD forecasts strong revenue growth on AI chip demand, but investors seek bigger gainsAMD Earnings Report: AMD beat quarterly revenue and earnings estimates while forecasting stronger-than-expected Q3 sales, driven by AI chip...
AMD's AI-powered revenue forecast fails to wow investorsYet, its shares fell nearly 9% in extended trading, suggesting that investors were looking for an even stronger outlook after the stock mor...
Anthropic taps Amazon Bedrock for Claude's local data processingAnthropic will soon offer in-country inference for its Claude AI models in India. This means customer requests will be processed on Indian ...
Anthropic's Claude to infer, process data locally on Indian servers for local customersAnthropic will offer its Claude AI service to Indian customers through local Amazon Web Services servers. This move addresses a key demand ...
Sarvam AI plans trillion-parameter model, sets sights on competing with ChatGPT, Gemini and ClaudeSarvam AI plans a trillion-parameter model to rival global AI leaders. The company's existing voice AI is cost-effective and performs well....
Everything Sarvam AI announced at its Epoch Builder EditionSarvam AI launched new models and infrastructure tools at its Epoch Builder Edition event. The company plans to develop a trillion-paramete...