Meta Strikes $15B Deal with Scale AI Meta, formerly known as Facebook, has once again made headlines in the tech industry with its recent $15 billion deal with Scale AI. This move is not just a significant financial transaction but a strategic one that aligns with Meta’s goal of reshaping its AI infrastructure to stay […]
Amazon boosts AI infrastructure with $20B investment
Amazon Boosts AI Infrastructure with $20B Investment Amazon, the e-commerce giant, has once again made headlines with its latest move to boost its artificial intelligence (AI) infrastructure. With a whopping $20 billion investment, Amazon is set to revolutionize the AI landscape and solidify its position as a leader in technology innovation. One of the key […]
OpenAI and India plan AI infrastructure push
OpenAI and India Collaborate for AI Infrastructure Boost OpenAI, a powerhouse in artificial intelligence research, has joined forces with India to bolster the country’s AI infrastructure. This strategic partnership aims to leverage OpenAI’s expertise and resources to propel India’s technological advancement in the field of artificial intelligence. One of the key components of this collaboration […]
Sweden’s largest enterprise AI supercomputer to be powered by NVIDIA chips
Sweden’s Largest Enterprise AI Supercomputer to be Powered by NVIDIA Chips A Swedish business consortium has joined hands with NVIDIA to build new artificial intelligence (AI) infrastructure that promises to revolutionize the business landscape in Sweden. This collaboration marks a significant step forward in harnessing the power of AI to drive innovation and competitiveness in […]
OpenAI to operate new AI cluster in Abu Dhabi’s Stargate UAE project
OpenAI to Operate New AI Cluster in Abu Dhabi’s Stargate UAE Project In a groundbreaking collaboration, the United Arab Emirates (UAE) and the United States are teaming up with tech giants to introduce Stargate UAE, a revolutionary AI infrastructure project scheduled for completion in 2026. This ambitious initiative aims to propel the advancement of artificial […]
Alibaba’s Growth Fails to Impress in Dour Note for China Tech
Alibaba’s Slowing Revenue Growth Raises Concerns for China’s Tech Industry Alibaba, the e-commerce giant that has long been at the forefront of China’s tech industry, is facing a new challenge as its quarterly revenue growth slowed to just 7 percent. This unexpected slowdown has raised concerns among investors and industry experts about the company’s future […]
Nvidia to build AI supercomputers in the US
Nvidia to Build AI Supercomputers in the US Nvidia, a renowned leader in the field of artificial intelligence and graphics processing, is making significant strides in advancing AI technology by producing its Blackwell AI chips at TSMC’s Arizona plant. This move marks a pivotal moment not only for Nvidia but also for the United States’ […]
CoreWeave scales back IPO with lower share price
CoreWeave Adjusts IPO Strategy: Lower Share Price Reflects Market Realities In a surprising turn of events, CoreWeave, despite having the support of tech giant Nvidia, has decided to scale back its initial public offering (IPO) by a significant 23.5%. This decision comes as a response to investor concerns regarding the company’s substantial debt and heavy […]
SoftBank invests in AI infrastructure with OpenAI partnership
SoftBank and OpenAI Partner to Commercialize AI Agent Technology SoftBank, a global technology powerhouse, has once again made headlines in the world of innovation by announcing a strategic partnership with OpenAI to advance AI infrastructure. This collaboration aims to revolutionize the landscape of artificial intelligence by commercializing AI agent technology through the establishment of a […]
Meta eyes $35 billion data centre financing
Meta Eyes $35 Billion Data Centre Financing to Meet AI Infrastructure Demand Meta, formerly known as Facebook, has recently made waves in the tech industry with its ambitious plans to invest $35 billion in data center financing. This substantial investment is strategically aimed at meeting the surging demand for AI infrastructure, reflecting Meta’s commitment to […]