Tag: Intel

Sarvam AI Startup Programme Fuels Indic AI Builders

Sarvam AI has introduced the Sarvam Startup Programme, providing early-stage companies with up to 12 months of API credits, priority engineering support and production-ready infrastructure to build multilingual AI applications without backend complexities. Founders Vivek Raghavan and Pratyush Kumar positioned the initiative to empower India’s developer ecosystem with high-quality models fluent in 22+ Indian languages and English, enabling full agency in creating voice agents,...

Oracle Layoffs Fund AI Data Centre Push Amid Cash Squeeze

Oracle is planning thousands of job cuts across divisions as it grapples with a cash crunch from aggressive AI data centre buildout to support major clients including a $300 billion OpenAI agreement, xAI and Meta, as Bloomberg News first reported. The reductions, potentially broader than typical rolling cuts, may begin this month and target roles expected to diminish under AI automation, coinciding with an...
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Chip Stocks Add $200B as AI Momentum Sparks Global Rally

Global semiconductor companies added over $200 billion in market value in a single session, as investors rushed to capitalise on artificial intelligence (AI) momentum...

NVIDIA Invests $5B in Intel to Co-Develop AI-Optimized Chips

In a landmark move with far-reaching implications for the AI and semiconductor industries, NVIDIA has announced a $5 billion equity investment in Intel, acquiring...