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...
China Tops Global List in Generative AI Use
83% of Chinese business leaders use generative AI, making it the most popular type of AI in the world. A new survey shows that China...
Oracle Stock Falls as Musk’s xAI Backs Out of Cloud Deal
Oracle stock drops 4.8% after Elon Musk's xAI backs out of a $10 billion cloud deal. The price of Oracle shares dropped as much as...
Microsoft refuses to restrict China’s access to AI models, despite OpenAI’s decision
Despite the blocking of OpenAI's API, Microsoft Azure customers in China can still access AI models through the company's joint venture in the region. OpenAI's...