This Tuesday, AI chip startups secured over a billion dollars in funding, proving that investor enthusiasm remains strong despite AI bubble fears. Leading the charge is MatX, a startup launched in 2022 by former Google engineers Reiner Pope and Mike…
Smartphone manufacturers often highlight the benefits of AI, but there’s growing concern these features may undermine resale value. UK-based Compare and Recycle states that the Samsung Galaxy S25 depreciated by 63% in one year. This bucks the trend of gradually…
AI infrastructure innovator SambaNova has secured $350 million to propel its dataflow architecture forward, presenting it as a competitive alternative to conventional GPU-driven AI systems. The investment includes participation from Intel Capital, dismissing rumors of an acquisition by Intel. Other…
Sam Altman, CEO of OpenAI, believes criticism of AI’s energy usage is disproportionate. He argues that human civilization has consumed massive resources over millennia, often ignored in comparisons with artificial intelligence. Speaking at the AI Summit in India, Altman emphasized…
The surge in AI infrastructure demands has led to a complete sell-out of hard drives for the year, with hyperscale companies capturing the entire stock. Leading manufacturers like Seagate and Western Digital report their production capacities have been fully allocated…
Reliance Jio, India’s leading telecom operator, intends to invest $110 billion in building robust AI infrastructure. Since its inception, Jio has revolutionized India’s telecom sector by providing affordable services that quickly gained market dominance. The company now aims to replicate…
/ Daily News…