Artificial intelligence startup Groq Inc. has raised $640 million in new funding, underscoring investor enthusiasm for innovation in chips for AI systems. Cisco and Samsung invested in the $640 million deal Tweet onRead More
Chipmaker has been vying with Apple, and Microsoft for the top spot. The stock has rallied more than 160% so far this year Tweet on Nvidia stock rally @nvidia Becomes World’s Most ValuableRead More
Apple Inc. shares rose to a record after it took the wraps off long-awaited new artificial intelligence features, betting that a personalized and understated approach to the technology will win over customers. TweetRead More
Musk’s artificial intelligence startup xAI has raised $6 billion to accelerate its challenge to his former allies at OpenAI. Tweet on Musk’s xAI startup Musk’s AI startup @xai has raised $6 billion toRead More
Scale AI Inc., a startup that helps top tech companies improve the data used to build artificial intelligence products, has roughly doubled its valuation to $13.8 billion and is raising $1 billion inRead More
Perplexity’s valuation has doubled in three months in a clear sign of investor enthusiasm for the company’s artificial intelligence chatbot. Tweet on Preplexity Ai startup Perplexity AI, a startup using AI to buildRead More
Electric utilities and regulators are facing the biggest demand jump in a generation. Along with data centers to run AI computing, America’s grid is being tested by new factories and the electrification ofRead More
Meta Platforms Inc. is deploying a new homegrown chip to help power its artificial intelligence services, aiming to decrease its reliance on semiconductors from Nvidia Corp. and other outside companies. Meta on newRead More
Amazon.com Inc. plans to spend almost $150 billion in the coming 15 years on data centers, giving the cloud-computing giant the firepower to handle an expected explosion in demand for artificial intelligence applicationsRead More
Investment is the culmination of $4 billion funding agreement! Amazon.com Inc. says it’s investing an additional $2.75 billion in Anthropic, completing a deal it made last year to back the artificial intelligence startupRead More
