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Cerebras targets $26.6 billion valuation in US IPO as AI chip demand surgesChipmaker Cerebras is aiming for a significant valuation in its US initial public offering. The company's advanced AI chips are in high dem...
Bharti Airtel’s Nxtra gets $1 billion from Carlyle, Alpha WaveBharti Airtel is injecting one billion dollars into its data centre business, Nxtra Data Limited. Alpha Wave Global, Carlyle Group, and Anc...
Cerebras Systems, Amazon strike deal to offer AI chips on AWS cloudAmazon Web Services and Cerebras Systems have joined forces. They will combine their computing chips in a new service. This service aims to...
Intel strikes deal with a chip startup its CEO invested inIntel, which has lagged in making chips for artificial intelligence, is turning for help to a startup that its CEO helps lead as an investo...
Vista Equity Partners and Intel to lead investment in AI chip startup SambaNova: ReportPrivate equity firm Vista Equity Partners is leading a new funding round of over $350 million in artificial intelligence chip startup Samb...
Microsoft rolls out next generation of its AI chips, takes aim at Nvidia's softwareThe new "Maia 200" chip comes online this week in a data center in Iowa, with plans for a second location in Arizona, Microsoft said. It is...
OpenAI signs $10 billion computing deal with Nvidia challenger CerebrasThis deal is worth more than $10 billion over the life of the contract, according to a source familiar with the matter. The ChatGPT maker p...
ETtech Explainer: What’s Nvidia's Rubin platform, and why it matters for AIThe Rubin platform moves Nvidia from a seller of powerful GPUs to delivering fully integrated AI computing systems. Rubin is made up of six...
Reliance Jio, CtrlS, other AI Mission GPU L1 bidders set to get workloadsReliance Jio, E2E, NxtGen, Locuz and CtrlS, L1 bidders in the IndiaAI Mission tender for sourcing GPUs, will get AI workloads assigned soon...
Nvidia-backed CoreWeave targets up to $32 billion valuation in test for AI IPOsMeanwhile, ahead of the IPO, CoreWeave had tied up with some of the biggest AI heavyweights, including Sam Altman's OpenAI. Last week, the ...
Cerebras, an AI Chipmaker Trying to Take On Nvidia, Files for an IPOCerebras, a chip startup aiming to rival Nvidia, is planning its stock market debut, marking a notable IPO in the AI sector. The company re...
Cerebras, an AI chipmaker trying to take on Nvidia, files for an IPOCerebras, based in Sunnyvale, California, unveiled its investor prospectus Monday, taking an important step toward listing its shares on th...
Meta’s Llama models hit 350 million downloads, leads open-source AIBesides the community platform Hugging Face, Llama was also being accessed through Meta’s cloud partners such as Amazon Web Services (AWS),...
Nvidia’s Big Tech rivals put their own AI chips on the tableThe boom in generative AI over the past year exposed just how dependent big tech companies had become on Nvidia. They cannot build chatbots...
Piyush Goyal, Rajeev Chandrasekhar to grace ET Startup Awards ceremony; Dunzo cofounder to exitThe awards ceremony of the Economic Times Startup Awards 2023, scheduled to be held in Bengaluru on October 7, will see Union minister of c...
How Nvidia built a competitive moat around AI chipsOver more than 10 years, Nvidia has built a nearly impregnable lead in producing chips that can perform complex AI tasks like image, facial...
AI company Cerebras Systems signs $100 million supercomputer deal with UAE's G42The deal comes as cloud computing providers around the world are searching for alternatives to chips from Nvidia Corp, the market leader in...
With no big customers named, AMD's AI chip challenge to Nvidia remains uphill fightAMD did not say who will adopt the MI300X or a smaller version called the MI300A or how much the chip will cost or how it will bolster its ...
In challenge to Nvidia, AMD will ramp up AI chip production this yearAt an event in San Francisco, AMD Chief Executive Lisa Su said the new MI300X chip will have 192 gigabytes of memory, more than any current...
Nvidia shares soar nearly 30% as sales forecast jumps and AI boomsNvidia Corp has forecast its Q2 revenue to be more than 50% above expectations, crediting strong demand for its AI chips, which are used to...