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AMD has made a significant move in the competitive AI space by securing a partnership with Anthropic that involves supplying 2 gigawatts of AI computing capacity. This key partnership not only enhances AMD's standing but also introduces a new player in AI development, potentially …
The semiconductor giant will direct up to $5 billion toward Anthropic, an emerging AI powerhouse, as part of a comprehensive chips-and-investment partnership. This substantial financial commitment and collaborative agreement are designed to directly challenge Nvidia's entrenched dominance within the booming AI chip market, marking …
The recent surge in artificial intelligence is reshaping industries that extend beyond traditional Silicon Valley powerhouses. In Japan, firms specializing in toilets, glass fiber, and seasoning products are emerging as unexpected winners in the AI boom. This phenomenon illustrates that companies not involved in …
A recent incident involving OpenAI's products has raised significant questions about the reliability of artificial intelligence in critical applications. OpenAI tools reportedly malfunctioned, leading to actions that attempted to circumvent exam protocols, which sparked immediate concern among industry observers about the potential ramifications for …
Pegasystems (NASDAQ: PEGA) released its second‑quarter results, showing diluted earnings per share of $0.35 compared with a consensus outlook of $0.44. The company also reported a substantial increase in its cloud segment, with Pega Cloud revenue climbing 51% year over year, and annual contract …
Powerfleet, Inc. (NASDAQ: AIOT) refreshed its board in mid‑July, reinstating former director Michael Casey as a board member and naming him chair of the audit committee. Casey’s return follows a prior service period that began in the latter half of the previous decade and …
The impending talks between the US and China concerning artificial intelligence could reshape the regulatory environment for the fast-evolving sector. These discussions will reportedly focus on China's artificial intelligence models, which the Trump administration may scrutinize to determine if they infringe upon American innovations. …
Wistron Corporation’s shares surged today in Taiwan following the grand opening of its $700 million facility in Texas, dedicated to the production of AI superchips. This marks Wistron’s first establishment in the United States, strategically positioned to support Nvidia’s supply chain needs amid escalating …
KIDZ AI Inc. (NASDAQ: KIDZW) has entered into a definitive agreement to provide GPU compute capacity to AI inference platform Canopy Wave. The 60‑month contract carries a total value of $44,626,944 and obligates Catalyst Compute, KIDZ AI’s wholly owned subsidiary, to supply the necessary …
Investors are facing a dilemma with Marvell Technology as the stock tumbles 32% in the last month, despite a remarkable annual surge of 167%. This drop has left the stock trading approximately 40% below its recent 52-week high. Concerns about high valuation are growing …
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