Browsing: billion

Qualcomm and Amazon have announced what they have describing as a “multi-generational product collaboration,” in which Qualcomm will help build future AI data center infrastructure for AWS.

Google has announced plans to invest around $15.1 billion into Finland’s AI and digital infrastructure over the course of the next two years, making it its largest single investment in Europe to date.

South Korea and the United States have reportedly settled on how much Seoul will contribute towards a new energy facility in southern Texas.

Chipmaker Nvidia is buying artificial intelligence software platform Hugging Face for $13 billion.

The U.S. Army has selected 5 companies to construct small nuclear power units across a handful of domestic installations.

Meta waved a white flag on Wednesday in a long-running battle over claims it used deceptive tactics to get teens addicted to social media, reaching a roughly $18 billion settlement agreement and pledging to make sweeping changes to Facebook and Instagram to address teen safety. 

Nvidia’s latest quarterly results once again blew past Wall Street’s expectations as revenue for the computer chip company’s high-end artificial intelligence chips soared, the latest sign that AI infrastructure spending remains strong.

Nvidia (NASDAQ: NVDA) has been a cornerstone of the artificial intelligence (AI) trade since OpenAI introduced ChatGPT in late 2022. Shares have advanced more than 1,300% since January 2023, and most Wall Street analysts still view the stock as undervalued.

The 195 square mile site will house five launch complexes, each with two launch pads.

A Dutch data regulatory authority said that Uber has to pay 824.9 million euros for violating the GDPR.