Former Yandex CEO Volozh returned with an AI infrastructure project after Russia broke up
Arkady Volozh, founder of Nebius and former CEO of Yandex, wants to make Nebius a major AI infrastructure company. Since a $5.4 billion deal freed...
AI’s Financial Results Paradox
There's no doubt that generative AI affects business, but companies find it challenging to justify investments without clear metrics. This makes cautious adoption the norm,...
Barclays NVIDIA’s AI growth will require significant energy
Barclays analysts say that the rise of AI, especially with NVIDIA's GPUs, will make a big difference in the amount of energy needed. By 2030,...
SoftBank of Japan Buys British AI Chipmaker Graphcore
SoftBank Group bought the British company Graphcore, which makes it possible for the struggling British company to compete on a global scale, even though it...
NVIDIA Predicts Big Profits from AI GPUs, Targets $4 Trillion Value
Even though supply problems and antitrust investigation are happening, NVIDIA wants to reach a $4 trillion market cap by giving investors a lot of money...
AMD’s $665 Million Deal Aims to Outsmart Nvidia in AI Technology
AMD is paying $665 million to buy the Finnish AI company Silo AI in order to make its AI chips better and fight with Nvidia....
AI Boom Pushes Taiwan’s TSMC to New Heights, Joins Trillion-Dollar Club
TSMC's stock has reached all-time highs. Its market value has now surpassed $1 trillion, making it Asia's most valuable business. Thursday, Taiwan's TSMC hit a...
OpenAI says it will no longer have any observers after Microsoft leaves
Microsoft has stopped being an observer on OpenAI's board because it is confident in the company's direction. It will still have a strategic partnership with...