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Intel's absence from OpenAI's vendor list reflects more than just technical shortcomings. It's a Silicon Valley soap opera...
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Tesla Faces Tough Q4 as Global EV Sales Stumble...
Continue ReadingArtificial intelligence company Anthropic announced a $50 billion investment in computing infrastructure on Wednesday that will include new data centers in Texas and New York. Anthropic, maker of the chatbot Claude, said it is working with London-based Fluidstack to build the new computing facilities to power its AI systems. A report last month from TD Cowen said that the leading cloud computing providers leased a “staggering” amount of U.S. data center capacity in the third fiscal quarter of this year, amounting to more than 7.4 gigawatts of energy, more than all of last year combined...
Continue ReadingThe Dow is surging through the 48,000 threshold. The blue-chip index was up 344 points, or 0.7%, on Wednesday. It continued to beat the S&P 500 and Nasdaq Composite this week; the S&P was down 0.1%, while the Nasdaq was down 0.6%...
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Microsoft (MSFT) Bets Big on European AI with $10B Sines Investment...
Continue ReadingAnalyst Adam Jonas points to xAI investment, Full Self-Driving rollout, and chip ambitions as drivers of the next phase...
Continue ReadingFoxconn Prepares Major OpenAI Announcement at Tech Day...
Continue ReadingBRUSSELS (Reuters) -Lower developer fees implemented by Apple to comply with European Union tech regulations have not reduced prices for users, the iPhone maker said on Wednesday, renewing its criticism of Europe's efforts to rein in its market power. Last year, in response to the bloc's Digital Markets Act, Apple allowed software developers to distribute their apps to users in the EU outside its App Store and opt out of its in-app payment system, which charges commissions of up to 30%. The U.S. tech giant, however, said a study it commissioned from Analysis Group showed that app developers have not passed on the cost savings to users...
Continue ReadingThe tech giant is building out huge data centers among the most advanced in the world as it rushes to meet demand for AI computing power...
Continue ReadingAnthropic plans to spend $50 billion building data centers in New York and Texas...
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