News
Nvidia plans new chip to speed AI processing, WSJ reports
11+ hour, 7+ min ago (102+ words) Feb "27 (Reuters) - Nvidia "plans to "launch a new processor designed "to help "OpenAI "and other customers "build "faster, "more efficient AI systems, "the "Wall Street "Journal "reported on Friday, "citing people "familiar with the matter. Read full story Nvidia plans…...
Nvidia forecasts upbeat sales on AI chip demand
1+ day, 22+ hour ago (9+ words) Nvidia forecasts upbeat sales on AI chip demand'The Star...
Pakistan to invest 1 bln USD in AI to boost digital economy
2+ week, 4+ day ago (190+ words) ISLAMABAD, Feb. 9 ( Xinhua) -- Pakistan's Prime Minister Shehbaz Sharif said Monday that the country would invest 1 billion U.S. dollars in artificial intelligence (AI) by 2030 to boost its digital economy and improve people's livelihoods. The investment would help establish a robust AI ecosystem…...
Top Chinese semiconductor engineer Xu Zhenpeng says he left US to find freedom
2+ week, 5+ day ago (427+ words) Leading chipmaking engineer Xu Zhenpeng said the United States no longer offered the freedom that researchers once expected " a key reason for his decision to continue his work in China. Xu, who joined Shanghai Jiao Tong University (SJTU) as a…...
Australian AI infrastructure developer Firmus lands $10 billion debt package from Blackstone, Coatue
2+ week, 5+ day ago (204+ words) Monday, 09 Feb 2026 SYDNEY, "Feb 9 (Reuters) - Australian artificial intelligence company Firmus "said on Monday it had finalised a $10 "billion debt funding package led by global private equity firm Blackstone and Coatue Management, a New York-based technology investor. Firmus said "the funding…...
AI is not a bubble, senior executive at Nvidia supplier Wistron says
3+ week, 1+ day ago (249+ words) Wistron Chairman Simon Lin speaks to the media before Wistron's year-end party in Taipei, Taiwan January 17, 2025. REUTERS/Ann Wang (Refiles to clarify "the company's CEO Jeff Lin is speaking in "paragraph 5) TAIPEI, Feb 6 (Reuters) - Artificial intelligence is not "a bubble,…...
AMD's Frankfurt-listed shares fall after weaker sales
3+ week, 3+ day ago (145+ words) Feb "4 (Reuters) - Advanced "Micro Devices shares "fell over 6% in early Frankfurt "trading on "Wednesday after "the company forecast a "slight "decline "in quarterly revenue, raising concerns "about whether it "can "effectively challenge Nvidia in "the booming AI "market." Read full…...
Nvidia nears deal to invest $20 billion in OpenAI funding round, source says
3+ week, 3+ day ago (342+ words) Wednesday, 04 Feb 2026 A smartphone with a displayed NVIDIA logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration Feb 3 (Reuters) - Nvidia is nearing "a deal to invest roughly $20 billion in OpenAI as part of…...
Musk's xAI quarterly net loss widens to $1.46 billion, Bloomberg News reports
1+ mon, 2+ week ago (173+ words) Friday, 09 Jan 2026 Jan 8 (Reuters) - Elon "Musk's artificial intelligence startup xAI "reported a net loss of $1.46 billion "for the September quarter, compared with a loss of $1 billion in the previous three months, Bloomberg "News reported on Thursday, citing "internal documents. Revenue…...
Nvidia, Lenovo and Samsung to test consumer appetite for AI at CES
1+ mon, 4+ week ago (424+ words) Tuesday, 30 Dec 2025 While Nvidia chief executive officer Jensen Huang is likely to be the most charismatic showman in Vegas hyping underlying AI technologies, he will be surrounded by a slew of players that are testing consumer appetite for gadgets where…...