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
Microsoft Corp. and NVIDIA expanded their longstanding collaboration with powerful new integrations that leverage the latest NVIDIA generative AI and Omniverse™ technologies across Microsoft Azure, Azure AI services, Microsoft Fabric and Microsoft 365.Read More
Perplexity, an artificial intelligence startup aiming to challenge Google’s dominance in web search, is finalizing a new funding deal at around a $1 billion valuation, people familiar with the matter said, roughly doublingRead More
The chipmaker’s shares rose as much as 4.9% on Friday after closing at a $1.96 trillion valuation in the previous session. The gain will cement Nvidia’s position as the world’s fourth-most valuable companyRead More
Figure AI also gets investments from Intel, Samsung, and Amazon The company, valued at roughly $2 billion, is raising $675 million Robots have emerged as a critical new frontier for the AI industry,Read More
The chip maker reported another quarter of blockbuster results, driven by soaring demand for AI systems. Nvidia shares were up 15% in afternoon trading. That helped the Nasdaq Composite climb more than 2%,Read More
Startup making accelerator chip for developing AI models. Previously focused on building tools for autonomous vehicles. Tweet on Recogni startup Recogni Inc., an AI startup that builds technology to support autonomous vehicles, hasRead More
Nvidia’s shares have been on a tear thus far this year, rising nearly 50% amid signs that demand remains strong for its chips used in data centers for complex computing tasks required byRead More
Lambda, a startup that sells cloud computing services and computers for training artificial intelligence software, has raised $320 million in a new funding round that valued the company at $1.5 billion. The startupRead More
