Topic: chip shortages
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OpenAI Seeks $100B Funding at $830B Valuation
OpenAI is negotiating a funding round of up to $100 billion, which could raise its valuation to $830 billion and is targeting a close by the end of Q1 next year. The capital is critical for OpenAI's ambitious AI development plans, covering massive compute costs like AI inferencing, as its scale m...
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OpenAI Partners With Amazon in Major AI Compute Deal
OpenAI has secured a seven-year, $38 billion agreement with Amazon Web Services to access extensive cloud computing capacity and Nvidia GPUs for advancing AI systems like ChatGPT and Sora. The partnership, which begins immediately and will reach full capacity by 2026, aims to build a robust compu...
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Intel's Tick-Tock Era Is Over: Key Takeaways Revealed
Intel is prioritizing the production of high-demand AI server chips over some consumer processors to manage supply constraints, which may lead to a slight decline in its Client Computing Group business. The company plans to introduce new AI-focused GPUs annually to compete with Nvidia and AMD, wh...
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