AMD cuts 1,000 staff to focus on AI chips in battle with Nvidia
The company’s data centre segment has performed vastly better than its personal computer and gaming units this year.
Nvidia stock has 25% upside as it approaches an iPhone moment with its Blackwell chip, analyst says
Nvidia is set to launch its next-gen Blackwell GPU chip, boosting the prospect for more stock gains.Melius Research said selling Nvidia stock now would be akin to selling Apple stock after the release ...
SchaeffersResearch.com10h
2 AI Stocks Losing Momentum After Recent Rallies
Soundhound (SOUN) and C3ai (AI) are losing momentum their recent rallies, with the former plummeting despite an upbeat third ...
ThePrint11h
AMD to cut 4% of global workforce as it focuses on AI chip development
Advanced Micro Devices is laying off 4% of its global workforce, or about 1,000 employees, as it directs efforts towards developing AI chips in a bid to compete against industry bellwether ...
Sam Altman Thanked Elon Musk for Financial Support in OpenAI’s Early Days
In a recent discussion with Y Combinator’s President and CEO, Garry Tan, OpenAI CEO Sam Altman emphasized that the rapid ...
Capex: The Fuel Supply For The Artificial Intelligence Megatrend
Escalating capital expenditures of tech giants like Alphabet, Amazon and Microsoft underscore the heavy investment required ...
Visions of A.I. Art From OpenAI’s First Artist in Residence
In February, during a three-month stint as OpenAI’s first artist in residence, Alexander Reben gained early access to the ...
SoftBank first to receive Nvidia’s latest Blackwell AI chips for Japanese supercomputer
Masayoshi Son’s strategic partnership with Nvidia underscores SoftBank’s growing role in the AI industry, from hardware to AI-driven applications.
Gulf’s AI strategy is built on more than sand
When it comes to major tech investment, Gulf states have a chequered record. The United Arab Emirates and Saudi Arabia, after all, sank $60 billion into Masayoshi Son’s first Vision Fund, for ...