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Artificial intelligence
United States
Nvidia Plans to Acquire Israeli AI Startup AI21 Labs for Up to $3 Billion
According to reports, Nvidia is in advanced negotiations to acquire Israeli artificial intelligence startup AI21 Labs, with the deal potentially valued at up to…
China Issues Draft Rules to Regulate AI With Human-Like Interaction
China's cyberspace regulator issued draft rules for public comment on Saturday, introducing stricter oversight for artificial intelligence services that sim…
United States
Nvidia, Joining Big Tech Deal Spree, to License Groq Technology, Hire Executives
Nvidia has entered into a non-exclusive licensing agreement with artificial intelligence startup Groq to use Groq's chip technology focused on AI inference,…
China
ByteDance Signals Major AI Infrastructure Push With $23BN Investment Plan
ByteDance, the Beijing-based parent company of TikTok, has outlined preliminary plans for capital expenditure of approximately 160 billion yuan (about $23 billi…
United States
Nvidia Buys AI Software Provider Schedmd to Expand Open-Source AI Push
Nvidia announced on Monday the acquisition of SchedMD, a software company specializing in artificial intelligence workload management. This move reinforces the …
United Kingdom
Google Deepmind to Build First Automated Research Lab in UK
The UK government and Google DeepMind announced a major new partnership on Thursday to accelerate the practical application of advanced artificial intelligence …
India
Amazon to Invest Over $35 Billion in India on Amazon, Exports
Amazon announced on Wednesday that it will invest more than $35 billion in India by 2030 to strengthen artificial intelligence capabilities, upgrade logistics n…
India
Microsoft Unveils $23 Billion in New AI Investments With Big Focus on India
Microsoft announced on Tuesday a $23 billion investment plan focused on artificial intelligence infrastructure, with the largest portion directed toward India, …
United States
Amazon to Use Nvidia Tech in AI Chips, Roll Out New Servers
Amazon Web Services (AWS), the cloud computing division of Amazon.com, announced on Tuesday at its annual re:Invent conference in Las Vegas that future generati…
United States
Amazon to Invest $15 Billion in Indiana to Boost Data Center Infrastructure
Amazon.com (AMZN.O) announced on Monday that it will invest approximately $15 billion in Northern Indiana to develop multiple data center campuses, further expa…
United States
Nokia Plans $4 Billion AI Investment in the United States
Nokia, the Finland-based telecommunications equipment provider, announced on Friday a planned investment of $4 billion in the United States, focused on research…
China
Foxconn, OpenAI Partner on AI Hardware Manufacturing
Foxconn has entered into a cooperation agreement with U.S.-based OpenAI to jointly design and develop data center racks, related components, and artificial inte…
South Korea
South Korea Agrees to Join UAE’s Stargate AI Data Centre Project
South Korea announced on Tuesday that it will cooperate with the United Arab Emirates on the U.S.-supported Stargate project, which aims to build a large artifi…
Electric Vehicles
GAC Group, Alibaba Cloud Expand Partnership Into Full-Stack AI
GAC Group and Alibaba Cloud signed a strategic cooperation agreement on November 14 to expand their partnership into comprehensive artificial intelligence appli…
United States
Cisco Raises Annual Forecast on AI-Driven Demand for Networking Gear
Cisco Systems (CSCO.O) raised its full-year profit and revenue forecast on Wednesday, supported by rising demand for networking equipment as companies expand da…
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