ARTIFICIAL intelligence (AI) company Anthropic announced a $50-billion investment in computing infrastructure on Wednesday that will include new data centers in Texas and New York.
The latest deals show that the tech industry is moving forward on huge spending to build energy-hungry AI infrastructure.
What’s only starting to become clear is that AI startups are also sinkholes for losses that are the flip side of chunks of ...
Oracle has been hit harder than Big Tech rivals in the recent sell-off of tech stocks and bonds, as its vast borrowing to ...
The industry is now facing a critical question: how to scale computing power while avoiding an energy and environmental ...
Cognizant (CTSH) has entered into an agreement to acquire Microsoft (MSFT) Azure partner 3Cloud to enhance its position in ...
Cloud-computing company CoreWeave was among the most battered stocks in today’s tech selloff. Shares of the company sank 8.3% ...
Admittedly, this is no gaming powerhouse or video editing workstation, but it churns through the everyday computing that ...
Classiq, the global leader for quantum computing software, today announced a strategic up-round with participation - Read ...
One chip giant and one cloud infrastructure upstart hit turbulence last Tuesday, but the pullbacks may offer compelling entry points for artificial intelligence (AI) investors.
Blackstone and SoftBank are in early discussions to acquire stakes in homegrown AI cloud infrastructure platform Neysa.
This expert sees the move becoming the next deciding factor in the AI race - at least for companies that can afford it.