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Apollo, Blackstone back Anthropic's $35 billion capacity expansion in new Broadcom tie-upApollo and Blackstone are investing $35 billion to boost Anthropic's AI computing power. This expansion will utilize Broadcom's custom chip...- Cerebras shares climb as Wall Street brokerages back AI chip strategyCerebras shares saw a rise on Monday. Several Wall Street firms initiated coverage with positive outlooks. They are backing the chip design...
- PM Modi’s high stakes push for sovereign AI faces reality checkIndia is striving to build its own artificial intelligence capabilities, aiming for self-reliance and global export. However, the nation fa...
- Nvidia Q1 earnings report preview: Can NVDA beat AI chip rivals AMD, Amazon, Google, and Cerebras again? The AI giant faces its most critical Wall Street moment of the yearNvidia Q1 earnings report: With $78.75B in expected revenue and rising competition from AMD, Cerebras, Amazon, and Google, Nvidia's Q1 FY20...
- Cerebras shares skyrocket in debut as AI mania grips marketsCerebras Systems, a chip designer, saw its shares surge 89% on its Nasdaq debut, raising $5.55 billion. The company's innovative wafer-scal...
- CBRS stock on Nasdaq: Cerebras makes U.S. Stock Market debut. Should you buy, invest in chipmaker shares?Cerebras starts trading on Nasdaq Global Select Market on Thursday under the ticker symbol 'CBRS'.
- Cerebras to raise IPO price range to $150-$160 as demand surgesCerebras Systems plans to increase its IPO size and price. Demand for its artificial intelligence chips is surging. The company is consider...
- Is OpenAI launching a mobile phone? Here’s the lowdownOpenAI is reportedly accelerating its AI agent smartphone development, with mass production targeted for early 2027. This device aims to mo...
- Alphabet closes in on Nvidia's spot as world's biggest companyAlphabet is nearing the top spot as the world's most valuable company. Its stock is surging due to strong artificial intelligence progress ...
- US market today: Alphabet closes in on Nvidia's spot as world's biggest companyAlphabet is nearing Nvidia's valuation, driven by a strong stock rally fueled by its AI advancements and robust cloud business. This surge ...
- Qualcomm jumps as optimism on smartphones, AI chips outweigh dismal forecastQualcomm shares saw a significant jump. CEO Cristiano Amon expressed confidence in a smartphone market rebound post the fiscal third quarte...
- From OpenAI to Nvidia, tech firms channel billions into AI infrastructure as demand boomsTech giants are making massive investments in artificial intelligence. CoreWeave and Meta have expanded their cloud capacity agreement to $...
- Anthropic ropes in Microsoft executive Eric Boyd to lead infrastructureAnthropic has hired former Microsoft executive Eric Boyd to lead its infrastructure team as demand for its AI tools grows. The company’s re...
- Broadcom taps Alphabet executive Amie Thuener as next CFOUS chip designer Broadcom on Thursday named Alphabet executive Amie Thuener as its next finance chief, effective June 12, when incumbent Ki...
- Nvidia CEO hints at end of investments in OpenAI, AnthropicJensen Huang said Nvidia may not invest again in OpenAI or Anthropic as both prepare possible IPOs this year. Nvidia finalised a $30 billio...
- Nvidia plans new chip to speed AI processing: WSJNvidia plans to launch a new processor to help OpenAI and other clients run AI systems faster and more efficiently. The chip is for “infere...
- AMD unveils new chips at CES event in Las VegasAdvanced Micro Devices CEO Lisa Su unveiled the MI455 GPU chips on Monday at the CES trade show in Las Vegas. The advanced MI455 AI proces...
- OpenAI taps Broadcom to build its first AI processor in latest chip dealOpenAI has partnered with Broadcom to produce its first in-house artificial intelligence processors. The companies said on Monday that Open...
- OpenAI acquires AI-led finance app Roi in personalisation pushThis deal, the terms of which were not disclosed, follows OpenAI's acquihiring Context.ai, Crossing Minds, and Alex this year. Roi will end...
- ChatGPT-owner OpenAI is exploring making its own AI chipsOpenAI, the company behind ChatGPT, is considering developing its own artificial intelligence chips and has even evaluated potential acquis...
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