Chipmaker AMD’s latest product Instinct MI300 Series Artificial Intelligence (AI) accelerators is generating good demand from data centre operators. The Santa Clara-based semiconductor company on Wednesday introduced multiple new products, including the AMD Instinct MI300 Series data centre AI accelerators, ROCm 6 open software stack with new features supporting large language models (LLMs) and Ryzen … Read more
Nvidia Corp. investors gave a cool reaction to its latest quarterly report, which blew past average analysts’ estimates but failed to satisfy the loftier expectations of shareholders who have bet heavily on an artificial intelligence boom. Revenue in the current period will be about $20 billion, the world’s most valuable chipmaker said Tuesday in a … Read more
Nvidia Corp.’s dominance in artificial intelligence is causing “growing inequalities” between countries and is stifling fair competition, French Finance Minister Bruno Le Maire warned. “Having just one single country with all the technologies, all the private companies, all of the devices, all the skills, would be a failure for all of us,” Le Maire told … Read more
Nvidia Corp. and a Google venture fund have joined a seed round of funding for a startup that helps developers squeeze more computing power out of specialized processors used to train AI, potentially alleviating a major logjam for the burgeoning field. CentML, which builds software to help machine learning systems work more efficiently, raised $27 … Read more
AI Roundup: Cryptocurrency exchange platform Bitget announced the launch of its latest AI tool called Future Quant, which leverages AI technology and sophisticated algorithms to provide users with info to take informed investment decisions. In a separate development, the Philippine military has been instructed to cease using AI apps due to potential security risks. All … Read more
San Francisco: Tech giant Microsoft is likely to unveil its first chip designed for artificial intelligence (AI) at its annual developers’ conference ‘Ignite’ next month. According to a report in The Information, citing sources, the move “could help Microsoft lessen its reliance on Nvidia-designed AI chips, which have been in short supply as demand for … Read more
A Meta Platforms executive overseeing the company’s efforts to develop its own chips for artificial intelligence work is leaving her position at the end of the month, according to two sources familiar with the matter. Alexis Black Bjorlin, vice president of infrastructure at Meta and a veteran of chip companies Broadcom and Intel, headed a … Read more
Nvidia’s supremacy in building computer chips for artificial intelligence has chilled venture funding for would-be rivals, investors said, with the number of U.S. deals this quarter falling 80% from a year ago. The Santa Clara, California company dominates the market for chips that work with massive amounts of language data. Generative AI models get incrementally … Read more
UK government officials have held discussions with tech giants Nvidia Corp., Advanced Micro Devices Inc. and Intel Corp. about procuring equipment for national artificial intelligence research, according to the Telegraph. The government has allocated £100 million ($127 million) for AI chips, the Telegraph reported on Sunday. It said efforts may be in “advanced stages” of … Read more
US Federal Judge rules AI-generated art is uncopyrightable; UK PM Rishi Sunak allocates 100 mn euros for AI chips in global computing race; Study reveals 40% of workers need reskilling in 3 years due to AI; IIT Madras aims to secure 25 gold medals in 10 years with AI training solutions- this and more in … Read more