Indonesia's Indosat, GoTo Launch Local-Language AI Model
JAKARTA (Reuters) - Indonesia's telecommunication company Indosat Ooredoo Hutchison and its biggest tech company GoTo Gojek ...
TweakTown15m
Global GPU revenue to reach $100 billion by the end of the year, driven by AI
TL;DR: The global GPU market is projected to reach nearly $100 billion by the end of the year, driven by the AI boom and high ...
Nvidia stock has 25% upside as it approaches an iPhone moment with its Blackwell chip, analyst says
"Even with a decelerating growth rate on huge numbers, Nvidia's CY2025 PEG ratio stands at about 0.8x on our estimates. This ...
ndtvprofit1h
S&P 500 Struggles To Extend Post-Election Advance: Markets Wrap
Equities lost steam in the final stretch of New York trading, with the S&P 500 almost erasing an advance partly fueled by ...
AMD cuts 1,000 staff to focus on AI chips in battle with Nvidia
The company’s data centre segment has performed vastly better than its personal computer and gaming units this year.
Observer1h
The 12 Executives Behind Nvidia’s Unprecedented A.I. Domination
Kress, another member of Nvidia’s executive staff, was recruited by Huang in 2013. Her tenure at the company has included ...
AMD will lay off nearly 1,000, or 4% of staff, as AI competition heats up
AMD said today it will lay off 4% of its global staff, or perhaps somewhat less than 1,000 of its estimated 26,000-person workforce.
The Edge Singapore1h
AMD cutting about 4% of workforce to focus resources on AI push
AMD has been pouring resources into artificial intelligence processors — a market dominated by Nvidia Corp — and is pushing ...
AMD to cut about 1,000 jobs, 4% of staff, so it can double down on AI opportunity
AMD’s struggles to overhaul Nvidia are evident in the price of its shares. While its stock is down 5% in the year to date, ...
Nvidia’s message to global chipmakers
A growing glut of traditional memory chips is expected to further pressure prices and margins of these products in the coming quarters. High-margin AI chips are increasingly becoming the only way to ...
AI cloud operator CoreWeave closes $650M secondary sale
CoreWeave Inc., the operator of a cloud platform optimized for artificial intelligence workloads, today announced that it has ...
AMD cutting 4% of workforce, or about 1,000 employees, to focus resources on AI push
AMD has been pouring resources into AI processors – a market dominated by Nvidia. Read more at straitstimes.com.