AI Investment

18 articles

Apple CEO Tim Cook: "We will say a new word in artificial

Apple CEO Tim Cook: "We will say a new word in artificial

Apple CEO Tim Cook announced that the company will soon introduce revolutionary AI features. Read more

Google Cloud and NVIDIA to Open Joint AI Innovation Center

Google Cloud and NVIDIA to Open Joint AI Innovation Center

Google Cloud and NVIDIA announced the creation of a new innovation center in France. Read more

Cursor Seeks $50 Billion Valuation Amid AI Coding Boom

Cursor Seeks $50 Billion Valuation Amid AI Coding Boom

AI coding assistant Cursor plans to raise new funding at a $50 billion valuation. Read more

Alibaba Cloud Cuts 33% of Staff to Refocus on Generative AI

Alibaba Cloud Cuts 33% of Staff to Refocus on Generative AI

China's Alibaba Cloud cuts 33% of staff in a large-scale restructuring focused on generative AI and … Read more

AMD Picks Samsung HBM3E as Main AI-Chip Memory Supplier

AMD Picks Samsung HBM3E as Main AI-Chip Memory Supplier

AMD signs Samsung Electronics as primary HBM3E supplier — a strategic shift in High Bandwidth Memory… Read more

Business Doesn't Care Which LLM You Offer. It Needs Results

Business Doesn't Care Which LLM You Offer. It Needs Results

When talking about AI, most time goes to discussing models. But business doesn't care whether you of… Read more

OpenAI Admits Dependence on Microsoft as Potential Risk

OpenAI Admits Dependence on Microsoft as Potential Risk

OpenAI in its annual report has acknowledged its dependency on Microsoft as a potential risk for its… Read more

Samsung Forecast: AI Boom to Drive Record Chip Demand

Samsung Forecast: AI Boom to Drive Record Chip Demand

Samsung Electronics states that the global development of artificial intelligence is driving unprece… Read more

SpaceX Has Already Completed 35 Successful Space Missions

SpaceX Has Already Completed 35 Successful Space Missions

SpaceX has developed a record pace this year, completing its 35th successful launch. Read more

Microsoft Considers Lawsuit Against Amazon Over Employee

Microsoft Considers Lawsuit Against Amazon Over Employee

Microsoft is planning to file a lawsuit against Amazon. Read more

Meta Signs $27 Billion Deal with Nebius for AI

Meta Signs $27 Billion Deal with Nebius for AI

Meta signed a five-year agreement with Amsterdam-based cloud services provider Nebius Group. Read more

OpenAI Negotiates with Investment Funds to Create $10

OpenAI Negotiates with Investment Funds to Create $10

OpenAI is in negotiations with several major private equity funds — TPG, Advent International, Bain … Read more

Meta Plans to Lay Off 20% of Employees Amid AI Development

Meta Plans to Lay Off 20% of Employees Amid AI Development

Meta is preparing large-scale layoffs affecting 20% of its workforce, or approximately 16,000 employ… Read more

Cursor Raises Funding at $50B Valuation, NVIDIA In Talks

Cursor Raises Funding at $50B Valuation, NVIDIA In Talks

Anysphere's coding assistant Cursor is raising new funding that would double its valuation to $50B. … Read more

Xiaomi $8.7B AI Investment: Battle with Apple Begins

Xiaomi $8.7B AI Investment: Battle with Apple Begins

Xiaomi commits $8.7B to AI development — escalating its rivalry with Apple on devices, OS, and on-de… Read more

OpenAI $200B Server Infrastructure: Stargate Project Scales

OpenAI $200B Server Infrastructure: Stargate Project Scales

OpenAI commits $200B with Microsoft to expand AI compute via Project Stargate — giant data centers f… Read more

Tesla Terafab: Musk's $Bn Bet on AI Chip Manufacturing

Tesla Terafab: Musk's $Bn Bet on AI Chip Manufacturing

Tesla's Terafab launches in 7 days — a vertically integrated chip factory built to power millions of… Read more

British Megaproject Stalled: Scrap Yard Remains at Essex

British Megaproject Stalled: Scrap Yard Remains at Essex

The $2.5 billion supercomputer project in the UK, which should be completed by the end of 2026, has… Read more

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