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News
Oracle’s quarterly revenue beats estimates as AI boom drives cloud demand
3+ day, 23+ hour ago (321+ words) Sept 10 (Reuters) – Oracle topped Wall Street expectations for first-quarter revenue on Thursday and lifted its annual profit forecast, boosted by strong demand for its cloud computing services from surging enterprise spending on AI. Shares of the company, which have fallen…...
OpenAI says working with Samsung on next-generation chips, deepening cooperation
5+ day, 13+ hour ago (389+ words) SEOUL, Sept 9 (Reuters) – OpenAI is deepening cooperation with Samsung Electronics as the ChatGPT maker develops its own chips, expanding ties with the South Korean technology giant across semiconductors and enterprise AI services. “One of the areas where we have made…...
Nvidia-backed Firmus signs deal with OpenAI for Malaysia data centre capacity
6+ day, 18+ hour ago (235+ words) Sept 8 (Reuters) – Australia’s Firmus said on Tuesday it had signed a multi-year deal with OpenAI to supply computing capacity from two Malaysian data centres, making the ChatGPT maker an anchor customer as demand surges for infrastructure to run advanced AI…...
Nvidia discusses Perplexity investment at $30 billion-plus valuation, The Information reports
3+ week, 16+ hour ago (105+ words) Aug 23 (Reuters) - Nvidia is discussing investing in Perplexity as part of an equity round that would value the AI startup at more than $30 billion, the Information reported on Sunday citing people with knowledge of the discussion. Reuters... Nvidia discusses Perplexity…...