Stay updated with breaking news from Maxa Cherney. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Nvidia plans to release new artificial intelligence chips aimed at the Chinese market less than a month after U.S. officials tightened the rules on selling high-end AI chips to China. ...
A nonprofit organization funded by cryptocurrency billionaire Jed McCaleb bought roughly $500 million of Nvidia advanced chips and plans to lease computing capacity to companies for artificial intelligence projects. The AI cloud-computing organization, called Voltage Park, has 24,000 Nvidia H100 chips, Voltage Park CEO Eric Park told Reuters in an interview. It has some running and plans to fully deploy the 24,000 Nvidia chips by about February, Park said.
By Max A. Cherney and Anna Tong (Reuters) - A nonprofit organization funded by cryptocurrency billionaire Jed McCaleb bought roughly $500 million of N...
(Reuters) -Intel forecast fourth-quarter revenue and margins above Wall Street estimates on Thursday, optimistic about a healthy rebound in personal computer sales, improvement in its data center business, and a growing lineup of customers seeking its manufacturing services. While Intel remains under heavy competitive pressure from Nvidia in the data center chip market, the easing PC slump and stabilization of its server chip business helped raise gross margins faster than analysts had expected. The company also has secured three customers for its chip contract manufacturing business, with C...
Google Cloud third-quarter revenue rose 22.5% to $8.41 billion, the slowest growth since at least the first quarter of 2021. The cloud unit reported a operating income of $266 million, compared with an operating loss of $440 million a year ago. Wall Street expected cloud computing revenue of $8.62 billion.