AMD has made the decision to cut its workforce by 1,000 employees globally. This semiconductor firm, often viewed as a key competitor to Nvidia, shared an earnings report for Q3 in September that showed mixed results. Financial Performance Insights According to a report from Reuters, AMD saw its revenue in the data center sector, which includes […]
AMD Job Cuts: Company Focuses on AI Development and Strategy Read More »
Ola Electric, a company renowned in India for its electric scooters and ride-hailing services, has taken the industry by surprise with its announcement to venture into AI hardware. The company revealed its strategy to create a series of AI chips, marking a significant step towards India’s goals in the expanding field of artificial intelligence. AI Chip
India’s First AI Chips Launched by a Ride-Hailing Company Read More »
TSMC, the prominent semiconductor manufacturer globally, has declared that its advanced packaging capacity has been completely reserved for the next two years. This announcement coincides with Nvidia, AMD, and Guanghuida securing TSMC's cutting-edge packaging technologies for their high-performance computing (HPC) endeavors. Growing Demand for AI Processors The emphasis on high-performance computing is driven by its crucial
TSMC’s Advanced Packaging Capacity Fully Booked by Nvidia and AMD Read More »
Meta Platforms recently unveiled details about its forthcoming artificial intelligence chip dubbed Artemis, designed to meet growing processing power demands for running AI features across their social media platforms such as Facebook, Instagram and WhatsApp. Addressing Dependency On External Suppliers Artemis represents Meta’s move away from external suppliers like Nvidia for AI chip production and toward
According to a recent report from The Information, Microsoft and OpenAI are in discussions for a collaborative data center project that could amount to an estimated $100 billion. This initiative aims to introduce a groundbreaking artificial intelligence supercomputer known as "Stargate" by the year 2028. Microsoft and OpenAI's Joint Data Center Project This ambitious undertaking reflects
Microsoft & OpenAI plan $100B supercomputer Stargate AI Read More »
Nvidia’s Strategic Move in China Amid U.S. Export Restrictions Nvidia, a prominent player in the tech industry, is strategically maneuvering in China by unveiling two new AI chips despite the challenges posed by U.S. export restrictions. Jensen Huang, the CEO of Nvidia, recently disclosed that these chips are now available for testing by selected customers. This
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Huawei is making a big change in its production plans, showing a strong interest in the growing area of artificial intelligence (AI). The tech giant has chosen to boost the production of its AI chip, the Ascend 910B, even though it means slowing down the making of its Mate 60 smartphones in at least one of
Huawei Slows Down Phone Production and Shifts Focus to AI Chips Read More »
