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Nvidia's 700,000% return faces a succession test amid Huang's China spy affairNvidia's CEO Jensen Huang maintains a unique office structure that reflects his hands-on management style. With around 60 direct reports, h...
Moonshot AI rents Nvidia’s top AI chips in China, documents showDocuments indicate that Moonshot AI possibly accessed advanced Nvidia chips despite US export restrictions and related investigations. The ...
Anthropic plans IPO live stream with Dario Amodei, JPMorgan CEO Jamie DimonThe meeting is part of the marketing effort for Anthropic’s potentially record-breaking IPO. The offering is expected to formally begin mar...
Anthropic plans IPO live stream with Amodei, JPMorgan CEO DimonAnthropic PBC is preparing for a live-streamed event featuring CEO Dario Amodei and JPMorgan Chase CEO Jamie Dimon. This event is aimed at ...
Disney, Adobe to co-develop custom AI models tailored for media giantThe move, announced Monday, will start with speeding up project development timelines at Disney's Experiences division, home to its global ...
Google to introduce two variants of in-house chips: Bloomberg NewsThe search giant's shares were up more than 2% in premarket trading. Through last close, the stock has fallen 9% so far this year. Alphabet...
Russia may have lost up to 450,000 people in Ukraine war, leaked death records suggestRussia has officially recorded around 400,000 fatalities due to its invasion of Ukraine, as per confidential Rosstat data. Spanning the per...
OpenAI gets $11 billion funding at $1.25 trillion valuation: ReportOpenAI completed a substantial funding round, securing $11 billion to increase its valuation to $1.25 trillion. The funding was finalized a...
Microsoft is winding down Oracle deal to rent AI cloud capacity: BloombergMicrosoft is winding down an arrangement to rent AI computing from Oracle as part of a larger reassessment of billions of dollars in cloud ...
ING puts $500 million of data center loans up for saleThis includes a $25 million loan tied to a large New Mexico data center that forms part of the Stargate artificial intelligence infrastruct...
Apple seeks about $7 billion from bond sale, Bloomberg News reportsApple is seeking about $7 billion from a US-dollar bond offering, Bloomberg News reported on Thursday, citing people familiar with the matt...
Apple seeks about $7 billion from bond sale: Bloomberg NewsThe iPhone maker is the latest major tech company to tap debt markets as the sector raises large sums to fund AI expansion. Apple did not i...
Apple cuts employee AI budgets in cost-control pushApple has reduced employee budgets for AI usage as part of a broader effort to rein in costs, even as it seeks to expand the use of AI acro...
Goldman, Apollo seek buyers for $40 billion SpaceX AI chip dealGoldman Sachs and Apollo Global Management are in talks with investors to sell portions of a roughly $40 billion financing deal for SpaceX'...
Meta draws record orders for debut euro bond sale, Bloomberg News reportsMeta Platforms has successfully garnered an impressive €53 billion in investor interest for its inaugural euro bond issuance. With an ambit...
Meta eyes at least $20 billion from potential bond offerings, Bloomberg News reportsMeta is reportedly looking to raise at least $20 billion through a cross-border bond offering to fund its expanding AI infrastructure. The ...
Marvell in advanced talks to buy Lumentum: Bloomberg NewsMarvell has emerged as one of the biggest beneficiaries of the AI boom, driven by strong demand for its custom AI chips and networking hard...