Microsoft Negotiates to Provide Anthropic with Tailored AI Chips Following $5 Billion Investment
Anthropic is currently in discussions with Microsoft regarding the use of the software giant’s custom AI chips, as the AI startup seeks…
AMD Plans $10 Billion Investment in Taiwan’s Chip Sector Amid Intensifying AI Competition with Nvidia
AMD, a US manufacturer of AI processors and competitor to the world’s leading company Nvidia, revealed on Thursday that it will invest…
Trump comments on U.S. government’s investment in Intel: “I could have demanded a higher stake.”
US President Donald Trump stated he “should have requested more” ownership in Intel on behalf of the US government during an…
China’s Economic Growth Slows Significantly as Investment Continues to Drop
China experienced a comprehensive slowdown in April as investment resumed its decline, with booming exports no longer compensating for the…
India and UAE Reveal $5 Billion Investment, Oil Reserve, and AI Agreements During Modi’s Visit
India and the United Arab Emirates deepened their collaboration in energy, defense, infrastructure, and technology during Prime Minister…
HCLTech to spearhead $300 million Sarvam AI funding round with a $150 million investment at a $1.5 billion valuation.
HCLTech, a significant player in the IT sector, is reportedly set to invest $150 million (approximately ₹1,450 crore) and spearhead a $300…
Fractal Analytics to Increase Investment in AI Research and Development, Anticipates Robust Growth in FY27
Srikanth Velamakanni, Co-Founder, Group Chief Executive & Executive Vice-Chairman of Fractal Analytics, indicated that the company…
Nvidia Plans Up to $2.1 Billion Investment in IREN for AI Data Center Partnership
Nvidia plans to invest as much as $2.1 billion in data center operator IREN, as part of a larger initiative to deploy up to 5 gigawatts of…
Optimism for De-escalation in Hormuz; AI Investment Cycle Continues to Drive Markets: Matt Orton
According to Matt Orton, Chief Market Strategist at Raymond James Investment, the recent actions by the US in the Strait of Hormuz indicate…
Intel’s Investment Generated $30 Billion in Just 90 Days, Reports President Donald Trump
President Trump stated on Wednesday that the US government has profited over $30 billion from its Intel investments in recent months. This…