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
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
