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GPU ACQUISITION
India’s AI boom could turn data centres into the next big infrastructure race: KPMGIndia's data centre sector is set for massive growth, reaching nearly $46 billion by 2033. AI workloads and cloud adoption are key drivers....- Qualcomm stock jumps 15% as AI partnership with OpenAI, new Snapdragon chips and strong earnings boost investor confidenceQualcomm stock is getting attention after strong growth in AI, smartphones and data centers. Investors are watching the company closely bec...
- Can AI fix your credit score? Krutrim shuts down assistant KrutiHappy Thursday! Fintechs are building AI solutions to help boost the creditworthiness of borrowers. This and more in today’s ETtech Morning...
- IT cos slash US teams; D2C luggage brands hit turbulenceHappy Thursday! Indian IT firms have begun cutting jobs in their US teams, according to filings. This and more in today's ETtech Morning Di...
- Nvidia acquisition of SchedMD sparks worry among AI specialists about software accessNvidia last December announced it would acquire SchedMD, giving it control of open-source software called Slurm, which schedules computing ...
- Sify earmarks $5 billion to expand data hubs, add AI ops and GPUsSify Technologies plans to build smaller AI inferencing facilities in 20 tier-II cities as India is expected to be among the largest market...
- Yotta set to debut on Nasdaq as SEC okays Cartica mergerThe listing is expected to raise around $463 million, which will be used primarily for expanding Graphics Processing Unit (GPU) infrastruct...
- Intel in talks to acquire AI chip startup SambaNova, Bloomberg News reportsIntel is reportedly in early talks to acquire AI chipmaker SambaNova, a move that could bolster its competitive stance against rivals like ...
- Meta to acquire chip startup Rivos to strengthen AI plansMeta is buying chip startup Rivos to make its own AI chips. The company wants to spend less on Nvidia and lower costs. CEO Mark Zuckerberg ...
- China says preliminary probe shows Nvidia violated anti-monopoly lawChina will continue its antitrust investigation into US chipmaker Nvidia, saying the company violated its 2020 conditional approval terms f...
- AI infrastructure company Nebius to raise $3 billion to fuel growthThe financing includes a $2 billion private offering of convertible senior notes and a $1 billion underwritten public offering of the compa...
- India has nearly 17 million developers, second largest user base after US: Windsurf founderAnshul Ramachandran of Windsurf dismisses the notion that AI will replace software developers, suggesting it's a tactic to boost AI model s...
- Local audio brand forays into consumer AI hardware with AI-budsAmid sluggish demand in the wearables market, Hyderabad-based audio brand Mivi has invested $5 million in developing AI-powered earbuds for...
- PhysicsWallah goes UPSC shopping; Tech giants eye GPUsHappy Wednesday! Edtech firm PhysicsWallah is eyeing acquisitions to shore up its UPSC test prep presence. This and more in today’s ETtech ...
- The qcomm marketing splurge; IndiaAI’s GPU bidding warHappy Monday! Rising competition in quick commerce is driving heavy spending on performance marketing. This and more in today’s ETtech Morn...
- L&T shares in focus after completing 15% stake acquisition in E2E NetworksLarsen & Toubro (L&T) shares are expected to be in focus on Thursday after the company successfully acquired a 15% stake in cloud services ...
- High-cost GPUs not fit for next phase of AIThe maker of SN40L reconfigurable dataflow unit (RDU) chip has positioned itself as a power-efficient alternative meant for better inferenc...
- 25% of AMD’s workforce is now based out of India: India Sales CVP Vinay SinhaAMD’s Vinay Sinha says 6,000 engineers in India are looped into every aspect of data centre business; firm’s business doubled in last two y...
- Intel announces AI developer program, aims to educate 15,000 individualsAimed at promoting AI amongst Indian developers Intel will organise 60 programs across the year, ranging from lectures, workshops, roadshow...
- Microsoft looking to buy AMD. Why not?The Xbox could be the catalyst of such an acquisition. Intel is likely to throw a fit if its partner decides to become a chip designer.
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