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Browsing: Business and Investments
Nvidia Just Put $5 Billion into Ilya Sutskever’s Safe Superintelligence. The Bet on OpenAI’s Most Famous Defector Is Also a Bet Against the Direction OpenAI Is Heading.
By precious
Nvidia has made one of its biggest AI investments yet with a reported $5 billion commitment to Safe Superintelligence, the…
Nvidia Is Discussing a $250 Billion Financing Guarantee for OpenAI’s Ohio Data Center. The Chip Maker Funding Its Own Biggest Customer Is the Most Circular Financing Deal in Tech History.
By precious
Nvidia is discussing a deal that could make it much more than OpenAI’s biggest chip supplier. The chip maker is…
Tesla Just Missed Its Earnings Estimate While Spending More Than Ever on AI and Robotics. The Company That Keeps Promising a Future of Autonomous Everything Is Running Out of Time to Show the Numbers That Match the Vision.
By precious
Tesla is generating more revenue than ever, but that growth is no longer enough to satisfy investors. The electric vehicle…
Alphabet Just Raised Its 2026 Spending Forecast to $200 Billion and Its Stock Fell 7%. Investors Are No Longer Taking AI Infrastructure Bets on Faith.
By precious
Alphabet has delivered one of its strongest quarters in years, with revenue beating expectations and Google Cloud recording another surge…
xAI No Longer Exists as a Standalone Company. Elon Musk Just Absorbed His AI Operation Into SpaceX and the Rebrand to SpaceXAI Is the Clearest Signal Yet of Where He Thinks AI and Space Are Heading Together.
By precious
Elon Musk’s artificial intelligence company xAI is no longer operating as an independent business. The company has now been fully…
SambaNova Just Raised $1 Billion at an $11 Billion Valuation to Challenge Nvidia on AI Inference. The Bet Is That Speed at the Edge Matters More Than Raw Training Power and Enterprises Are Starting to Agree.
By precious
SambaNova has secured $1 billion in new funding at an $11 billion post money valuation as the AI chip company…
SK Hynix Just Raised $26.5 Billion on Nasdaq in One of the Largest U.S. Equity Offerings Any Asian Company Has Ever Completed. The Money Has One Destination and It Is Not Coming Back.
By precious
SK Hynix has secured $26.5 billion from its Nasdaq listing, giving the South Korean chip giant one of the biggest…
Meta’s Custom AI Chip Iris Is Going Into Production in September. The Company Spending $145 Billion on AI This Year Has Decided the Cost of Depending on Nvidia Is No Longer Worth It.
By precious
Meta is preparing to begin production of its latest custom artificial intelligence (AI) chip in September as the company pushes…
Apple Just Locked In Its Most Important Chip Partnership Until 2031. Here Is What the Broadcom Extension Reveals About How Serious Apple Is About Owning Its Own Silicon Future
By fariehan
Apple’s Broadcom partnership has entered a new phase after Apple extended its custom chip agreement with Broadcom through 2031. At…
Meta Is Planning to Sell Its Excess AI Compute to Outside Customers. The Company That Was Rationed Gemini Access by Google Just Positioned Itself to Become a Cloud Provider.
By precious
Just days after reports revealed that Google had limited Meta’s access to Gemini because of soaring demand for AI computing…