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DeepSeek plans big Huawei AI chip order to power new data centreThe startup doesn’t currently plan to use the 950DT chips for training, one of the people said, even though Huawei designed and marketed th...- US to urge hands-off AI regulation at G-20, official saysLeaders are convening at a key moment in the AI sector's development and the global debate over how to govern it, and as the US faces an in...
- From Tech NAM to NAS: India’s case for tech sovereignty through strategic choicesIt is crucial for countries to embrace a non-aligned sovereignty approach in artificial intelligence, enabling them to diversify their tech...
- Fed, BOJ, AI Boom and Elections: What markets are watching nextAs traders emerge from their holiday break, global markets brace for fluctuations. The ongoing geopolitical tensions keep energy prices in ...
- Nvidia ignites chip stock rally as forecast shows AI boom is intactNvidia has calmed investor anxieties regarding the AI surge, forecasting a remarkable seventy percent increase in revenue for the upcoming ...
- India AI policy: Pragmatism before sovereigntyNavigating the road to AI sovereignty, India confronts numerous hurdles amid fierce global rivalry. A pragmatic approach suggests that some...
- The AI founders who walked away from Bezos-backed Prometheus to model the universeThe difference is that this new system is not built for understanding language. It is built for physics, said co-founders Anima Anandkumar ...
- Anthropic market debut could break SpaceX IPO recordThe company's bankers have told potential investors it could seek to raise "more than $100 billion" in its IPO, which could put the company...
- Marvell shares jump 8% after chipmaker hands Google option to buy $12.2 billion stakeMarvell shares surged 8% after securing a Google agreement to develop custom AI chips and related technologies. Google received a warrant f...
- Marvell gives Google option to buy $12.2 billion stake in custom chip dealMarvell said it would develop AI inference accelerators, storage, networking and memory interface controllers and near-memory computing tec...
- 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...
- Goldman in talks with investors on Nvidia financing deal after landing prized roleNvidia announced on August 10 it has partnered with six major financial institutions including Goldman to launch compute platforms aimed at...
- Goldman Sachs taps investors for Nvidia’s $500 billion AI financing pushGoldman Sachs is negotiating with investors for Nvidia's massive AI financing initiative. U.S. insurers and money managers will likely form...
- Gaja Alternative Asset Management to launch Rs 550 crore IPO on Aug 19; sets price band at Rs 152-160Among its recent investments, Gaja Capital participated in Sarvam AI's latest funding round, part of the company's proposed $74 million (ar...
- US stocks: US market ends down as Iran peace deal optimism fadesWall Street closed lower as investors grew pessimistic about Middle East stability. Amazon and Alphabet stocks dipped, impacting major indi...
- XAI cofounder's startup River AI raises $1.1 billion to expand custom AI toolsRiver AI said it is betting that enterprise AI will shift from companies using general-purpose models from large labs to customizing and o...
- Chinese AI drives price competition among US labsA new generation of cost-efficient, high-performance Chinese AI is putting pressure on Silicon Valley's leading labs to lower prices to gra...
- AMD shares fall 6% as investors demand bigger AI payoffAdvanced Micro Devices shares declined significantly after its revenue forecast fell short. Investors sought clearer proof the company can ...
- Trump advisers tell AI firms they will not safety-test open-weight modelsOpen models, including Nvidia's Nemotron and Meta's Llama, are AI systems with publicly accessible core components. Closed models are contr...
- Sarvam to raise $75 million from Nvidia, Glade Brook, others as part of ongoing funding roundSarvam AI has secured $75 million from Nvidia and other investors. This investment is part of a larger $300 million funding round. The comp...
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