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  • China plans $295bn state-directed AI buildout as Beijing moves to lock out Nvidia and AMD

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AI

OpenAI closes massive $6.6bn funding round, valuation soars to $157bn

3rd Oct 2024

2 minutes

ChatGPT creator OpenAI has finally closed its long-awaited funding round, raising $6.6 billion in what is the largest venture capital round in history to continue its efforts in developing next-generation AI models.

AI NVIDIA CEO Jensen Huang Presents the GB200 Grace Blackwell Superchip

New rules could boost Nvidia's sales to China under strict oversight

1st Oct 2024

3 minutes

The US Commerce Department has updated export rules that would ease chipmakers to shipping data centre hardware to trusted end users.

AI Digital render of OpenAI's logo in pink in front of a pink and green background

SoftBank to invest $500m in OpenAI as Apple backs out of funding round: report

1st Oct 2024

3 minutes

Japanese telecom giant SoftBank has reportedly agreed to invest $500 million in OpenAI while Apple has decided to drop out of backing the AI startup.

AI ML CM- SF.png

AI will improve productivity by 25%, says Salesforce

30th Sep 2024

2 minutes

Salesforce has launched a range of AI-powered tools designed to significantly enhance productivity.

AI An AMD MI300X accelerator

Oracle taps AMD hardware for new AI supercluster, rivalling Nvidia GPUs

27th Sep 2024

3 minutes

Oracle has chosen AMD hardware to power its latest supercluster designed to run high-intensity AI workloads with low latency.

AI Dell Technologies' logo affixed to a corporate office

Dell partners with Nvidia to accelerate AI adoption in telecoms

26th Sep 2024

3 minutes

Dell Technologies has launched a program designed to simplify and accelerate AI deployments for communications service providers.

AI A llama stood in a field next to the number 3.2

Meta unveils Llama 3.2: Smaller AI models for edge and mobile devices

26th Sep 2024

5 minutes

Meta has unveiled new versions of its popular open source AI model Llama, with small and medium-sized models capable of powering workloads on edge and mobile devices.

AI ML Training-oriented node designed and assembled by Nebius

Nebius continues $1bn AI infrastructure spend with new GPU cluster in Paris

26th Sep 2024

3 minutes

Nebius has launched a new GPU cluster in Paris as part of its plan to invest more than $1 billion to expand AI infrastructure in Europe by mid-2025.

AI ML Ooredoo Group MD & CEO Aziz Aluthman Fakhroo (1).jpg

Ooredoo secures $550m financing to boost data centre, AI growth across MENA

25th Sep 2024

4 minutes

Ooredoo Group has announced a US$550 million financing deal to boost its data centre and AI infrastructure across the MENA region.

AI ML Intel's logo outside its corporate headquarters, the Robert Noyce Building in Santa Clara, California

Intel: The chipmaker too big to fail?

24th Sep 2024

11 minutes

It’s troubling times at one of the world’s largest semiconductor firms. Has it got what it takes to weather the storm?

AI CeBIT Technology Trade Fair 2018

Qualcomm reportedly eyes Intel acquisition: What's on the table?

23rd Sep 2024

6 minutes

In a move that could reshape the semiconductor landscape, Qualcomm has reportedly expressed interest in acquiring its embattled rival, Intel.

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