Tag: CoreWeave
ASML to Cut Around 1,700 Jobs in AI‑Driven Reorganisation
ASML, the Dutch semiconductor‑equipment giant that holds a near‑monopoly on advanced lithography tools used to manufacture cutting‑edge chips, is planning to cut roughly 1,700 jobs, or about 4 per cent of its 44,000‑person workforce. The move was announced in January alongside the company’s record full‑year revenue of €32.7 billion and signals a major internal reorganisation aimed at streamlining operations even as demand for advanced...
MeitY Proposes Continuous Labelling for AI‑Generated Content
The Ministry of Electronics and Information Technology (MeitY) has proposed that all content generated with the help of artificial intelligence carry a continuous and clearly visible label alerting users that the material has been synthetically created. The draft amendment to the Information Technology Rules (Intermediary Guidelines and Digital Media Ethics Code), 2021 requires that the labelling must remain on display for the entire duration...
CoreWeave to Build $6B AI Data Hub in Pennsylvania
Cloud infrastructure provider CoreWeave has announced plans to build a $6 billion AI-focused data center in Pennsylvania, marking one of the most significant single-site...
CoreWeave Buys Core Scientific in $9B AI Deal
AI infrastructure firm CoreWeave has agreed to acquire bitcoin miner Core Scientific in an all-stock deal valued at approximately $9 billion. The acquisition, announced...
OpenAI Clarifies Position on Google TPUs
OpenAI has clarified that it has no immediate plans to adopt Google’s in-house tensor processing units (TPUs) at scale, despite reports suggesting otherwise. A...
