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SCARCITY OF AI CHIPS
SpaceX reserves up to 5% of IPO stock for staff and friendsSpaceX has reserved up to 5% of its upcoming IPO shares for employees and friends of executives, with strict lock-in rules covering most st...- Beating the Heat: India’s data centre dream and the 50°C reality in its pathIndia's digital economy is expanding rapidly. However, extreme heat is straining its data centers. Rising temperatures increase cooling nee...
- Modal Labs valued at $4.65 billion as AI coding takes offAI startups have been whipped by two shifts this year: the surge in AI coding and the increasing scarcity of computing power. Modal Labs is...
- South Korea official floats AI profit social tax as tech giants boomA top South Korean official has proposed a tax on AI profits to be redistributed among society as a semiconductor boom drives massive earni...
- SK Hynix flooded with unprecedented offers from big tech firms to secure chip suppliesGlobal tech giants are making unprecedented offers to SK Hynix. They want to invest in new production lines and fund expensive equipment pu...
- Prices of Nvidia's B300 server at $1 million in China on US curbsNvidia's B300 servers have skyrocketed in price to around one million dollars each in China, fueled by an insatiable appetite for AI comput...
- Nifty can fall to 20,500 in bear case, warns JPMorgan; downgrades Indian stocks to neutralJPMorgan downgraded Indian equities to neutral from Overweight, warning the Nifty could fall to 20,500 in a bear-case scenario, implying a ...
- CraftifAI raises $3 million from Ankur Capital, othersCraftifAI, a software firm focussed on tools for engineers working with embedded systems, has raised $3 million in seed funding in a round ...
- The Commissioning Velocity: Inside the Curated Room of India's AI SovereigntyAs the global technology elite descend upon the Ambedkar International Centre in New Delhi this February for the India AI Impact Summit, th...
- Micron plans $24-billion memory chipmaking plant in SingaporeIn his speech at the company's groundbreaking ceremony, Gan said the facility represents a major commitment to additional capacity and adva...
- A bursting bubble would be great for AIA deflating AI bubble could spur innovation. Scarcity forces efficiency, pushing companies to build energy-saving, chip-efficient models th...
- A bursting bubble would be great for AIAI’s rapid expansion is fuelled by massive infrastructure spending, but real progress often comes from scarcity, not abundance. When resour...
- Nvidia stock skyrockets 3% today – Why is Nvidia stock surging? key reasons behind NVDA’s $5 trillion milestoneNvidia stock surging 3% today as NVDA hits $5 trillion milestone. Nvidia shares jumped 3% to $206.08. Market cap crossed $5 trillion for th...
- ET World Leaders Forum: Raw compute power to drive future of AI, says Jonathan RossGroq CEO Jonathan Ross emphasizes that control over AI compute power, akin to oil, will determine future global tech leadership. He urges I...
- Only 25% of Yotta’s GPUs used by Indian firms: CEO Sunil GuptaOn the government’s India AI Mission, chief executive Sunil Gupta said Yotta Data Services is unlikely to subsidise prices further for the ...
- Hedge funds turn to South Korea for next wave in AIHedge funds, including FengHe and CloudAlpha, invest in South Korea's chipmakers and firms like HD Hyundai Electric. These companies suppor...
- Sam Altman eyes semiconductor industry, in talks to raise nearly $7 trillion to boost AI chip productionAccording to a Wall Street Journal report published on Thursday, Altman is engaged in conversations with investors, including those from th...
- OpenAI's Sam Altman in talks to raise funds for chips, AI initiativeThe project could require raising as much as $5 trillion to $7 trillion, the report added, citing people familiar with the matter.
- 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...
- My way or the AI way: Companies approach govt for infra amid GPU scarcityGPUs are the highways AI requires. Companies are therefore petitioning the Centre to invest in the vital compute infrastructure so that loc...
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