Today’s Cache | Microsoft’s $2.9 billion AI investment in Japan; Intel’s Gaudi 3 AI chip to launch this year; TSMC boosts US chip production with $11.6 billion grants
11 months, 1 week ago

Today’s Cache | Microsoft’s $2.9 billion AI investment in Japan; Intel’s Gaudi 3 AI chip to launch this year; TSMC boosts US chip production with $11.6 billion grants

The Hindu  

Microsoft invests $2.9 Billion in Japan for AI development Microsoft plans to invest $2.9 billion in Japan over the next two years, to enhance the country’s AI capabilities and bolster cybersecurity against threats from China and Russia. While earlier versions of Intel’s Gaudi AI chips didn’t gain significant market share, the company anticipates that the new model will have a greater impact. TSMC boosts US chip production with $11.6 billion grants Taiwan Semiconductor Manufacturing Co. has entered into an agreement with the US to produce a majority of its advanced semiconductors in Arizona starting in 2028. The US government plans to provide the world’s largest chipmaker with $6.6 billion in grants and $5 billion in loans to aid in the construction of advanced production facilities, thereby expanding the semiconductor supply chain in the US.

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History of this topic

Nvidia and Broadcom testing chips on Intel manufacturing process
2 weeks, 2 days ago

Nvidia and Broadcom testing chips on Intel manufacturing process

The Hindu  

Chip designers Nvidia and Broadcom are running manufacturing tests with Intel, two sources familiar with the matter told Reuters, demonstrating early confidence in the struggling company's advanced production techniques. Advanced Micro Devices is also evaluating whether Intel's 18A manufacturing process is suitable for its needs but it was unclear if it had sent test chips through the factory. The tests …

Giant chipmaker TSMC to spend $100B to expand chip manufacturing in US, Trump announces
2 weeks, 3 days ago

Giant chipmaker TSMC to spend $100B to expand chip manufacturing in US, Trump announces

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Chip giant Taiwan Semiconductor Manufacturing …

Giant chipmaker TSMC to spend $100B to expand chip manufacturing in US, Trump announces
Top News
2 weeks, 3 days ago

Giant chipmaker TSMC to spend $100B to expand chip manufacturing in US, Trump announces

Associated Press  

WASHINGTON — Chip giant Taiwan Semiconductor Manufacturing Co. plans to invest $100 billion in the United States, President Donald Trump said Monday, on top of $65 billion in investments the company had previously announced. Trump, who appeared with TSMC’s chief executive officer C. C. Wei at the White House, called it a “tremendous move” and “a matter of economic security.” …

Nvidia doubled profits in 2024. And its outlook is rosy despite AI jitters
3 weeks, 2 days ago

Nvidia doubled profits in 2024. And its outlook is rosy despite AI jitters

CNN  

New York CNN — Nvidia exceeded Wall Street’s expectations as it closed out 2024, achieving stunning sales and profit growth — and much of Silicon Valley is likely breathing a sigh of relief at what the results say about the artificial intelligence industry. Expectations were heightened heading into Wednesday’s report given Nvidia’s role as a barometer of the broader tech …

Apple announces $500 billion investment including huge AI factory
3 weeks, 3 days ago

Apple announces $500 billion investment including huge AI factory

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Apple will spend $500 billion on investments in the US – including a …

TSMC can’t make Intel great again: There’s nothing inside such a chip deal
3 weeks, 4 days ago

TSMC can’t make Intel great again: There’s nothing inside such a chip deal

Live Mint  

Trying to force a partnership between Taiwan Semiconductor Manufacturing Company and Intel Corp would be a wildly complex ordeal. Already, the reported request of the Trump administration for TSMC to take a controlling stake in Intel’s US factories is facing valid questions about feasibility from all sides. Although TSMC’s change of heart appears to be the result of a request …

OpenAI close to finalising its own chip design, send it to TSMC for fabrication by 2025-end
1 month, 1 week ago

OpenAI close to finalising its own chip design, send it to TSMC for fabrication by 2025-end

Firstpost  

This custom chip is part of OpenAI’s strategy to strengthen its infrastructure and negotiating position with chip suppliers, namely NVIDIA, as rising costs and demand for AI hardware push companies to seek alternatives Initially, OpenAI plans to deploy the chip on a limited scale, focusing on inference tasks—running AI models rather than training them. This custom chip is part of …

OpenAI fast-tracks custom AI chip, could disrupt Nvidia’s market lead: Report
1 month, 1 week ago

OpenAI fast-tracks custom AI chip, could disrupt Nvidia’s market lead: Report

Live Mint  

OpenAI is reportedly accelerating its efforts to reduce dependence on Nvidia by developing its own artificial intelligence silicon, with plans to finalise the design of its first in-house chip in the coming months. Reportedly, the process of submitting a chip design for production, known as 'taping out', marks a significant milestone in OpenAI’s ambition to mass-produce its AI chips by …

AMD’s AI bets face investor scrutiny as Big Tech switches to custom chips
1 month, 2 weeks ago

AMD’s AI bets face investor scrutiny as Big Tech switches to custom chips

Live Mint  

By Arsheeya Bajwa - AMD investors will closely examine the chip designer's artificial intelligence strategy when it reports fourth-quarter results on Tuesday as Big Tech's shift to custom silicon raises doubts about its place in the AI infrastructure race. Analysts expect AMD's December-quarter revenue to surge over 22% to $7.53 billion, but the company's growth prospects are shadowed by the …

Intel shows why Nvidia is still hard to beat
1 month, 2 weeks ago

Intel shows why Nvidia is still hard to beat

Live Mint  

Nvidia might look a little less invincible these days. Mark Zuckerberg, chief executive of Meta Platforms and one of Nvidia’s largest customers, said during his own earnings call last week that “it’s way too early" to know whether DeepSeek’s developments will lead to lower capital-spending needs for AI. In the chip maker’s own fourth-quarter earnings call late Thursday, Intel Co-CEO …

Intel’s CEO search in focus as chipmaker set to post lower revenue
1 month, 2 weeks ago

Intel’s CEO search in focus as chipmaker set to post lower revenue

Live Mint  

By Arsheeya Bajwa - Intel will face investor scrutiny on its CEO search when it reports quarterly results on Thursday, as the chipmaker stares at another big decline in revenue due to weak PC sales and its shrinking share in the datacenter market. Interim co-CEOs, Michelle Johnston Holthaus and David Zinsner, said last month a spinoff of that business may …

DeepSeek effect: India should build cheaper AI models
1 month, 3 weeks ago

DeepSeek effect: India should build cheaper AI models

New Indian Express  

This shows that countries, especially India, need not depend on advanced hardware and that this R1 model drives home the importance of innovation. The fact that they created this platform with under $6 million investments has shaken the tech CEOs globally highlighting that game changing innovations don’t necessarily need billion-dollar investments, he added. Narendra Bhandari, General Partner, Seafund, a deeptech …

Nvidia stocks: DeepSeek AI model launch sees a trillion dollars wiped off world’s biggest tech companies’ share prices
1 month, 2 weeks ago

Nvidia stocks: DeepSeek AI model launch sees a trillion dollars wiped off world’s biggest tech companies’ share prices

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The reveal of a new …

What’s DeepSeek, China’s AI startup sending shockwaves through global tech?
1 month, 3 weeks ago

What’s DeepSeek, China’s AI startup sending shockwaves through global tech?

Al Jazeera  

Chip giant Nvidia shed nearly $600bn in market value after Chinese AI model cast doubt on supremacy of US tech firms. US President Donald Trump, who last week announced the launch of a $500bn AI initiative led by OpenAI, Texas-based Oracle and Japan’s SoftBank, said DeepSeek should serve as a “wake-up call” on the need for US industry to be …

Silicon Valley rattled by low-cost Chinese AI
1 month, 3 weeks ago

Silicon Valley rattled by low-cost Chinese AI

Raw Story  

by Alex PIGMAN Fears that the AI gold rush could be under threat rocked Wall Street on Monday following the emergence of a ChatGPT-like model from China, triggering predictions of turmoil for Silicon Valley and accusations of cheating. On his first full day in office, Trump last week announced a major AI infrastructure project with OpenAI and Japan's SoftBank, emphasizing …

Chip stocks tumble after China’s DeepSeek AI models raise doubts over US tech dominance
1 month, 3 weeks ago

Chip stocks tumble after China’s DeepSeek AI models raise doubts over US tech dominance

Live Mint  

DeepSeek said training one of its latest models cost $5.6 million, compared with the $100 million to $1 billion range cited last year by U.S. rival Anthropic. Global chip stocks slumped Monday after Chinese artificial-intelligence company DeepSeek said it developed AI models that nearly matched American rivals despite using inferior chips, raising fears it could disrupt the global dominance of …

Taiwan takes a further step in production of AI chips with advanced new plant
2 months ago

Taiwan takes a further step in production of AI chips with advanced new plant

Associated Press  

TAIPEI, Taiwan — Taiwan took another step in enhancing its key role in the production of advanced semiconductor chips used for artificial intelligence on Thursday with the inauguration of a new plant by Siliconware Precision Industries Co. Huang’s visits reflect the critical role Taiwan plays in the global AI supply chain and underscores the growing importance of partnerships between technology …

Singapore Chip-Gear Maker GVT Says AI Boom Far From Over
2 months ago

Singapore Chip-Gear Maker GVT Says AI Boom Far From Over

Live Mint  

-- Semiconductor equipment maker Grand Venture Technology Ltd. is trying to turn the world’s hunger for advanced memory chips into a chance to become a major supplier, as giants from Micron Technology Inc. to Infineon Technologies AG build new factories in Asia. Demand for artificial intelligence chips is set to grow in the coming years as health care, education and …

Intel to Turn Venture Arm Into Separate Business With New Name
Trending News
2 months ago

Intel to Turn Venture Arm Into Separate Business With New Name

Live Mint  

-- Intel Corp., the once-dominant chipmaker struggling to revive its business and finances, plans to turn its venture capital arm into a separate fund with a new name. Intel’s venture arm is one of the best-known corporate investment vehicles in the history of Silicon Valley and has put more than $20 billion into businesses over the last 30 years. “Standalone …

TSMC Sales Beat Estimates in Boost for AI’s Outlook in 2025
2 months, 1 week ago

TSMC Sales Beat Estimates in Boost for AI’s Outlook in 2025

Live Mint  

-- Taiwan Semiconductor Manufacturing Co.’s quarterly sales topped estimates, reinforcing investor hopes that the torrid pace of AI hardware spending will extend into 2025. The strong showing from Taiwan’s largest company bolsters expectations that big tech companies from Alphabet Inc. to Microsoft Corp. will continue to build and upgrade datacenters at a rapid clip to propel AI development. The US …

Nvidia's market value gets $2 trillion boost in 2024 on AI rally
2 months, 2 weeks ago

Nvidia's market value gets $2 trillion boost in 2024 on AI rally

The Hindu  

Nvidia emerged as the biggest global gainer in market capitalisation for 2024, driven by surging interest in artificial intelligence and the robust demand for its AI-centric chips across various industries. The chipmaker's market value increased by over $2 trillion last year, reaching $3.28 trillion at the close of 2024, making it the second-most valuable listed company in the world. At …

Nvidia’s market value gets $2 trillion boost in 2024 on AI rally
2 months, 2 weeks ago

Nvidia’s market value gets $2 trillion boost in 2024 on AI rally

Live Mint  

- Nvidia emerged as the biggest global gainer in market capitalization for 2024, driven by surging interest in artificial intelligence and the robust demand for its AI-centric chips across various industries. The chipmaker's market value increased by over $2 trillion last year, reaching $3.28 trillion at the close of 2024, making it the second-most valuable listed company in the world. …

Chinese tech giants bought more NVIDIA AI GPUs than Meta, Google, Amazon; Microsoft biggest buyer
2 months, 2 weeks ago

Chinese tech giants bought more NVIDIA AI GPUs than Meta, Google, Amazon; Microsoft biggest buyer

Firstpost  

Tencent and ByteDance ordered roughly 230,000 of NVIDIA’s Hopper GPUs, including a specialised H20 variant tailored to comply with US export regulations for China. That’s more AI GPUs, than Google, Meta, Amazon, or Tesla/xAI Despite restrictions imposed by the US, their GPU acquisitions outpaced tech behemoths like Google, Meta, and Amazon, underscoring their determination to bolster AI capabilities. Image Credit: …

Apple aims to cut Nvidia reliance with Broadcom partnership on AI chip: Report
3 months, 1 week ago

Apple aims to cut Nvidia reliance with Broadcom partnership on AI chip: Report

Live Mint  

Apple is reportedly working with Broadcom to create its first server chip designed specifically for artificial intelligence processing. According to the report, Apple has seen considerable success in chip development, with its M-series processors replacing Intel chips in Mac computers. However, despite in-house advancements, firms like Apple and Microsoft have found it challenging to fully break away from Nvidia, which …

Are Intel’s problems too big to fix?
3 months, 2 weeks ago

Are Intel’s problems too big to fix?

Live Mint  

Pat Gelsinger’s quest to save Intel has come to an abrupt end. Much rides on their success as 18A is the final phase of Gelsinger’s plan to have Intel race though five so-called “nodes" in four years. “As the standard-bearer for the company’s ‘five nodes in four years’ guiding mantra, Mr. Gelsinger’s sudden departure leaves us unsure of the strategic …

Intel’s CHIPS Act funding reduced from $8.5 billion to $7.85 billion because of recent military contract
3 months, 2 weeks ago

Intel’s CHIPS Act funding reduced from $8.5 billion to $7.85 billion because of recent military contract

Firstpost  

Intel, the largest recipient of CHIPS Act funding, is facing mounting scrutiny over its ability to deliver on its commitments, particularly as it navigates financial struggles and extended project timelines Intel remains the only US-based logic chip manufacturer, a factor that has led US Secretary of Commerce Gina Raimondo to encourage collaboration between Intel and tech giants like Apple, NVIDIA, …

India must cash in on chip war
4 months, 1 week ago

India must cash in on chip war

Hindustan Times  

The US government’s latest directive to TSMC, halting shipments of advanced semiconductors to China, marks a significant escalation in the global chip wars. The US has tightened its grip on advanced chip sales to China, from restricting Nvidia and AMD’s AI chip sales in 2022 to planning additional controls on about 120 Chinese tech firms. The Biden administration’s sustained pressure …

TSMC Halts Production Of Advanced AI Chips For Chinese Companies Starting November 11: Report
Trending News
4 months, 1 week ago

TSMC Halts Production Of Advanced AI Chips For Chinese Companies Starting November 11: Report

ABP News  

Taiwan Semiconductor Manufacturing Co has reportedly informed Chinese chip design companies that it will halt the production of their most advanced AI chips starting Monday, according to a Financial Times article citing three sources familiar with the situation. TSMC, which holds the title of the world’s largest contract chipmaker, has notified its Chinese clients that it will no longer be …

The Rise of the Rent-Seekers: How Nvidia's Success is Feeding the Niche Monster
4 months, 2 weeks ago

The Rise of the Rent-Seekers: How Nvidia's Success is Feeding the Niche Monster

Live Mint  

The article explores the hyperconcentration of the semiconductor industry, with a focus on the impact of Nvidia's dominance on the market. Despite Nvidia's significant revenue growth, the foundries and equipment-makers who design and manufacture chips are left with a much smaller share of the profits. This disparity is attributed to the hyperspecialization of the industry, which has led to a …

Amazon's 5-Day Workweek Policy Sparks Debate, While TSMC Soars on Strong AI Demand
5 months ago

Amazon's 5-Day Workweek Policy Sparks Debate, While TSMC Soars on Strong AI Demand

The Hindu  

Amazon's new 5-day-per-week in-office policy has sparked controversy, with employees expressing their mixed opinions. Worldcoin is scaling up its iris-scanning project, introducing a new version of their orb device with enhanced features and privacy enhancements. TSMC's stock soars on strong AI demand, with the company predicting continued growth in the sector.

TikTok's parent firm ByteDance won't pay for NVIDIA's AI Chips, wants Huawei, Broadcom to develop GPUs
5 months, 2 weeks ago

TikTok's parent firm ByteDance won't pay for NVIDIA's AI Chips, wants Huawei, Broadcom to develop GPUs

Firstpost  

ByteDance ordered over 100,000 chips this year but received fewer than 30,000 by July, slowing the company’s progress. Image Credit: Reuters ByteDance, the parent company of TikTok, is shifting its strategy in response to US trade restrictions that have made accessing advanced AI hardware, such as NVIDIA’s high-performance GPUs, increasingly difficult. With limited legal access to NVIDIA’s cutting-edge chips and …

Intel stock surges on plans to make AI chips for Amazon and to turn foundry into subsidiary
6 months ago

Intel stock surges on plans to make AI chips for Amazon and to turn foundry into subsidiary

Associated Press  

Shares of Intel are surging before the market opens Tuesday after the chipmaker said its foundry business would make some custom artificial intelligence chips for Amazon Web Services as it attempts to reinvigorate its business. CEO Pat Gelsinger said in a message to employees late Monday that Intel will create an AI fabric chip for Amazon’s cloud services division at …

Intel shares jump on chip deal with Amazon
6 months ago

Intel shares jump on chip deal with Amazon

CNN  

New York CNN — Intel’s struggling chip-making business got a boost Monday from a high-profile client: Amazon. Intel Foundry and Amazon Web Services will coinvest in a custom chip design for the latter and “announced a multi-year, multi-billion-dollar framework,” according to a release. “Specifically, Intel Foundry will produce an AI fabric chip for AWS on Intel 18A,” Intel CEO Pat …

Intel: Too big to turn, too vital to fail
7 months, 1 week ago

Intel: Too big to turn, too vital to fail

Live Mint  

The chips are down as never before for Intel. Intel is already the biggest fish in the American pond; the company’s current fabs account for about 41% of the country’s 300 mm wafer production capacity—the type of chip production most commonly used in key market segments—according to market research firm TechInsights. Intel’s data center revenue is projected to hit $12.6 …

OpenAI sought Intel's investment 7 years ago but this decision changed AI race
7 months, 1 week ago

OpenAI sought Intel's investment 7 years ago but this decision changed AI race

Hindustan Times  

For US chip giant Intel, the darling of the computer age before it fell on harder times in the AI era, things might have been quite different. {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} About seven years ago, the company had the chance to buy a stake in OpenAI, then a fledgling non-profit research organization working in a little-known field called generative artificial …

Nvidia Ready To Join The AI Chip Battle In China With New Flagship Version: All Details
7 months, 3 weeks ago

Nvidia Ready To Join The AI Chip Battle In China With New Flagship Version: All Details

News 18  

SINGAPORE:Nvidia is working on a version of its new flagship AI chips for the China market that would be compatible with current U.S. export controls, four sources familiar with the matter said. The advent of tighter export U.S. controls has helped Chinese technology giant Huawei and startups like Tencent-backed Enflame make some inroads into the domestic market for advanced AI …

OpenAI holds talks with Broadcom about developing new AI chip, the Information reports
8 months ago

OpenAI holds talks with Broadcom about developing new AI chip, the Information reports

The Hindu  

ChatGPT maker OpenAI is in discussion with chip designers, including Broadcom, about developing a new artificial intelligence chip, the Information reported on Thursday, citing people familiar with the matter. The Microsoft-backed company is hiring former Google employees who produced the online search giant's own AI chip, the tensor processing unit, and has decided to develop an AI server chip, the …

GoI to invest at least Rs 5,000 Crore on high-end NVIDIA AI GPUs and chips for IndiaAI Mission
8 months, 1 week ago

GoI to invest at least Rs 5,000 Crore on high-end NVIDIA AI GPUs and chips for IndiaAI Mission

Firstpost  

By investing in these GPUs, the Indian government aims to boost the computational capabilities available to startups and other enterprises involved in AI research and development The Government of India is gearing up to invest around ₹5,000 crore from the total ₹10,372 crore allocated for the India AI Mission, into GPUs, with speculations coming up that suggest a major bulk …

NVIDIA will make over $12bn from China alone by selling AI chips, despite US sanctions
8 months, 2 weeks ago

NVIDIA will make over $12bn from China alone by selling AI chips, despite US sanctions

Firstpost  

China represented about 9% of NVIDIA’s total revenues in the most recent quarter, down from 22% in the same period last year. Despite this decline, NVIDIA’s overall revenues from China and Hong Kong, still increased by more than 50% year on year to $2.5 billion Despite these challenges, NVIDIA's H20 chip, priced between $12,000 and $13,000 per unit, is set …

Chinese AI chip firms downgrading designs to secure TSMC production, sources say
9 months, 2 weeks ago

Chinese AI chip firms downgrading designs to secure TSMC production, sources say

The Hindu  

Some Chinese AI chip companies are now designing less powerful processors to retain access to Taiwan Semiconductor Manufacturing Co production in the face of U.S. sanctions, four people with knowledge of the matter said. The most recent set of U.S. export controls imposed last October have exposed just how limited China's production capacity for advanced chips is and how dependent …

Intel battles AMD with new data center chips
9 months, 2 weeks ago

Intel battles AMD with new data center chips

The Hindu  

Intel launched its next generation Xeon server processors on Tuesday as it looks to claw back data center market share and revealed that its Gaudi 3 artificial intelligence accelerator chips would be priced much lower than its rivals' chips. The sixth generation Xeon chips are crucial for Intel, which has been steadily losing data center market share to AMD. Intel's …

Global AI Chips revenue will grow 33% in 2024: Gartner
9 months, 2 weeks ago

Global AI Chips revenue will grow 33% in 2024: Gartner

The Hindu  

Revenue from artificial intelligence semiconductors globally is expected to total $71 billion in 2024, a rise of 33% from 2023, according to the latest forecast by Gartner, Inc. “Today, generative AI is fueling demand for high-performance AI chips in data centres,” said Alan Priestley, VP Analyst at Gartner. “In 2024, the value of AI accelerators used in servers, which offload …

Nvidia’s business is booming. Here’s what could slow it down.
9 months, 3 weeks ago

Nvidia’s business is booming. Here’s what could slow it down.

Live Mint  

Nvidia is riding high after another quarter of blockbuster sales and earnings, even as threats are emerging that could weaken the company’s position at the center of the artificial-intelligence boom. Sequoia Capital estimated in March that the industry put $50 billion into Nvidia’s chips to train large language models, but generative AI startups had only made $3 billion in revenue. …

AI data training supported by domestic chips, supercomputers
10 months, 2 weeks ago

AI data training supported by domestic chips, supercomputers

China Daily  

Visitors gather at the booth of the National SuperComputer Center in Tianjin in May 2023. China is making progress in leveraging supercomputers and domestic artificial intelligence chips for the training of AI data, as it copes with the restrictions imposed by the United States on exports of US company Nvidia's most advanced AI chips to the country, experts and company …

AI data training supported by domestic chips, supercomputers
10 months, 3 weeks ago

AI data training supported by domestic chips, supercomputers

China Daily  

China is making progress in leveraging supercomputers and domestic artificial intelligence chips for the training of AI data, as it copes with the restrictions imposed by the United States on exports of US company Nvidia's most advanced AI chips to the country, experts and company executives said. Kang Bo, head of the data intelligence department at the National Supercomputer Center …

AI data training supported by domestic chips, supercomputers
10 months, 3 weeks ago

AI data training supported by domestic chips, supercomputers

China Daily  

By Ma Si in Beijing and Yang Cheng in Tianjin | China Daily | Updated: 2024-04-30 07:03 China is making progress in leveraging supercomputers and domestic artificial intelligence chips for the training of AI data, as it copes with the restrictions imposed by the United States on exports of US company Nvidia's most advanced AI chips to the country, experts …

Nvidia to acquire Israeli AI software provider Run:ai
10 months, 3 weeks ago

Nvidia to acquire Israeli AI software provider Run:ai

The Hindu  

Nvidia has agreed to acquire the Israeli startup Run:ai, which develops software for handling artificial intelligence computing resources. Earlier in March, reports emerged of a coalition of tech companies that includes Qualcomm, Google and Intel that plans to loosen Nvidia’s chokehold by going after the chip giant’s secret weapon: the software that keeps developers tied to Nvidia’s chips. The trillion-dollar …

Microsoft to invest USD 1.5 billion in UAE-based AI firm: Details
11 months ago

Microsoft to invest USD 1.5 billion in UAE-based AI firm: Details

India TV News  

Microsoft has announced an investment of around USD 1.5 billion in the UAE-based artificial intelligence technology company, named G42. The investment is said to strengthen the collaboration on bringing the latest Microsoft AI technologies which have been skilling initiatives to the UAE and other countries around the world. Sheikh Tahnoon bin Zayed Al Nahyan, Chairman of G42 said, "This partnership …

Microsoft to Invest $2.9 Billion to Boost AI, Cloud in Japan
11 months, 1 week ago

Microsoft to Invest $2.9 Billion to Boost AI, Cloud in Japan

Live Mint  

-- Microsoft Corp. will invest $2.9 billion over the next two years to boost its hyperscale cloud computing and artificial intelligence infrastructure in Japan, marking its biggest investment in the country. The announcement was made on Tuesday in Washington after Microsoft President Brad Smith met Japanese Prime Minister Fumio Kishida, who is in the US for the first official visit …

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