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EUROPEAN AI COMPUTING CAPACITY
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...
- Meta to build C$13 billion Alberta data center, its first in CanadaMeta has doubled down on AI, pledging hundreds of billions of dollars to build large AI data centers in the U.S. The Alberta announcement r...
- 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...
- Forget rockets: Morgan Stanley sets $300 SpaceX target based on a secret AI weaponMorgan Stanley has initiated coverage on SpaceX with an Overweight rating and a $300 target price, arguing its biggest opportunity lies bey...
- 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...
- Orbital plans space data centres to power AI, seeks FCC clearance for 100,000 satellitesA US startup, Orbital, is looking to set up space-based data centres to meet the surging demand for AI computing power. The company aims to...
- Anthropic in talks with Samsung to develop custom AI chipAI giant Anthropic is reportedly exploring the creation of its own custom AI chips, holding talks with Samsung for a potential partnership....
- Crusoe in talks to raise $3 billion funding: reportThe startup has contracts to supply AI computing power for the likes of Meta and Oracle, the report said, as technology giants spend bill...
- US Stocks: Micron, Intel and other chip stocks fall up to 11% after record-breaking rallyChip stocks experienced a significant downturn, with major AI rally leaders seeing sharp profit-taking after a record quarter. The VanEck S...
- Samsung, SK Hynix shares crash up to 14% as Kospi’s massive bloodbath enters day 2Samsung Electronics and SK Hynix shares plunged as much as 14% as South Korea’s Kospi extended its sharp selloff for a second day. The decl...
- India emerges as AI opportunity hub, but UN panel warns of gaps in infrastructure, talent and safeguardsA UN-backed panel's initial report highlights India's AI healthcare successes but warns of a growing 'AI divide'. While India possesses tal...
- Portugal launches first open-source AI model, joining Europe's sovereignty pushPortugal has unveiled its inaugural open-source artificial intelligence model, named Amalia, a significant step towards European AI soverei...
- Meta stock: Why are Facebook, Instagram, WhatsApp shares are rising today at U. S Stock Market?Meta has poured hundreds of billions of dollars into data centers and AI chips.
- US Stocks: Meta building cloud business to sell AI computing, says report; shares riseMeta Platforms is reportedly exploring a move into the cloud computing business, aiming to lease out its surplus AI computing power. This s...
- Meta building cloud business to sell excess AI capacity, Bloomberg News reportsMeta Platforms is reportedly exploring a move into the cloud computing business, aiming to lease out its surplus AI computing power. This s...
- AI sovereignty hinges on domestic compute, governance capacity: UN AI panelThe report, published by the Independent International Scientific Panel on AI, which was established by the UN General Assembly last year a...
- Google limits Meta's use of its Gemini AI models: ReportGoogle, owned by Alphabet, told Meta around March it could not meet the full Gemini capacity the company had sought to purchase, the news...
- Ukraine plans domestic AI computing capacity with KyivstarUkraine is bolstering its domestic AI computing power through a partnership with Kyivstar, aiming to secure critical infrastructure amid th...
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