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AMD to invest up to $5 billion in Anthropic; AI startup to buy up to 2 GW of chipsAMD has been seeking to expand its foothold in the fast-growing AI chip market as developers look to diversify beyond Nvidia, while Anthrop...
AMD to invest up to $5 billion in Anthropic; AI startup to buy up to 2 GW of chipsAMD plans to invest up to $5 billion in Anthropic, alongside a major AI chip supply deal starting 2027. The move strengthens AMD’s position...
OpenAI spices things up with Jalapeno chips: Why the Sam Altman-led AI startup is building its own processorsOpenAI said it designed the chip from scratch in nine months. Broadcom handled silicon implementation, networking, and connectivity, while ...
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...
Cathie Wood vs Michael Burry: The $11 million Palantir bet that’s splitting Wall StreetCathie Wood bought $11 million worth of Palantir Technologies shares, boosting ARK ETFs’ holdings to over ₹283 crore, even as Michael Burry...
TCS rides AI demand; mega deals power Q4 resultsPer COO Aarthi Subramanian, a partnership with Anthropic is a possibility. During the year, the IT major pushed aggressively into the AI ec...
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 $...
US Stocks: Broadcom shares rise as $100 billion AI forecast signals gains in Nvidia-dominated marketBroadcom shares rose nearly 3% on Thursday after the company predicted over $100 billion in AI chip sales next year, signaling rapid share ...
Broadcom rises as $100 billion AI forecast signals gains in Nvidia-dominated marketBig Tech firms such as Alphabet, Microsoft , Amazon and Meta are expected to spend at least $630 billion to build AI infrastructure this ...
Broadcom rallies as it touts more than $100 billion in AI chip sales in 2027Broadcom shares jumped about 7% before the bell on Thursday after the company said it expects artificial intelligence chip sales to top $10...
From OpenAI to Nvidia, firms channel billions into AI infrastructure as demand boomsMajor technology companies are investing billions in artificial intelligence, cloud computing, and chip manufacturing. These significant de...
AMD stock today soars 10% after Meta’s AI chip deal – will this partnership challenge Nvidia’s dominance?AMD stock price today: Advanced Micro Devices stock saw a significant jump following a major partnership with Meta. Meta will deploy up to ...
AMD falls as dour forecast shows tough competition in AI tradeAdvanced Micro Devices shares sank 13% on Wednesday after the company's lackluster sales forecast deepened investor doubts about its abilit...
AMD shares fall 13% as dour forecast shows tough competition in AI tradeAdvanced Micro Devices shares plunged 13% after a lackluster sales forecast deepened investor doubts about its ability to compete with Nvid...
From OpenAI to Nvidia, firms channel billions into AI infrastructure as demand boomsNvidia has agreed to license technology from AI startup Groq for use in some of its artificial intelligence chips, marking the chipmaker's ...
Nvidia takes $2 billion stake in Synopsys as AI deal spree acceleratesNvidia has invested $2 billion in chip design software maker Synopsys as part of an expanded multi-year tie-up to jointly develop new tools...
From OpenAI to Google, firms channel billions into AI infrastructure as demand boomsGlobal tech companies are pouring billions into artificial intelligence infrastructure. Google will invest $40 billion in Texas data center...
From OpenAI to Meta, firms channel billions into AI infrastructure as demand boomsLarger chip rival Nvidia has also announced a plan to invest up to $100 billion in OpenAI, as appetite for systems powering AI surge on exp...
OpenAI’s former CTO Mira Murati’s startup Thinking Machines raises $2 billion led by a16zVenture capital firm Andreessen Horowitz led the round that also saw participation from AI chip giant Nvidia, Accel, ServiceNow, Cisco, AMD...
Startup exits get buzzier; AI investments in 2025Happy Monday! Indian risk investors registered bigger exits in 2024 compared to a year before.This and more in today’s ETtech Morning Dispa...