Dell, HPE and Lenovo aim for a bigger slice of an AI-server market set to grow 55% in 2025, reaching $252 billion. While hyperscale cloud providers may account for the majority of this growth, tier-2 providers such as Tesla and Coreweave are also playing a significant role.
High-bandwidth memory chips can offer enhanced performance with each new generation. According to a Bloomberg Intelligence analysis, many AI customers prioritize high speed over low cost in high bandwidth memory chips due to the importance of time to market.
Uber is using gig workers to get into the AI labeling business, Bloomberg reports. It’s a sign that the ridehail and delivery company is interested in expanding its independent contractor-powered business model to meet the demands of the fast-growing world of machine learning and large-language models.
The artificial intelligence revolution is driving such an insatiable quest for cash that it’s rewiring one section of US capital markets.Most Read from BloombergParis to Replace Parking Spaces With TreesTrump Promises Could Have Seismic Impact on Washington EconomyNew York’s Transit Agency Approves $9 Congestion TollTokyo’s Scorching Summers Focus Public Anger Against Tree CuttingNY Congestion Pricing Survived a Pause.
Microsoft Corp. reached a deal with News Corp.’s HarperCollins that will allow the software company to use nonfiction titles from the book publisher to train its artificial intelligence models, according to a person familiar with the matter.
(Bloomberg) -- Anthropic Chief Executive Officer Dario Amodei ... about how we do it,” Amodei said in response to a question on the topic Wednesday at an AI safety summit in San Francisco hosted by the US Departments of Commerce and State.
Black Forest Labs, the German artificial intelligence startup that helps Elon Musk’s Grok produce images, is in talks to raise as much as $200 million from investors including Andreessen Horowitz less than four months after it launched.
OpenAI's ChatGPT is two years old and has already changed how we live and work. Here's what to expect from it next.
We came across a bullish thesis on QUALCOMM Incorporated (QCOM) on Substack by Daan Rijnberk. In this article, we will summarize the bulls’ thesis on QCOM.
We came across a bullish thesis on Bank OZK (OZK) on Substack by Ryan Hess. In this article, we will summarize the bulls’ thesis on OZK.
The nonprofit arm of OpenAI reported receiving $5 million in public contributions in 2023, though the sources remain undisclosed. By the end of the year, OpenAI’s nonprofit listed net assets exceeding $21 million—a stark contrast to the $6.6 billion raised by its for-profit entities in October to drive AI development.
S&P 500 and Dow post gains and close out best month of 2024