Tag: Nvidia
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...
Lambda and Microsoft Join Forces to Build Massive AI Infrastructure
Cloud AI infrastructure company Lambda has announced a multibillion-dollar partnership with Microsoft to deploy large-scale AI infrastructure powered by tens of thousands of NVIDIA...
Microsoft Secures $9.7B Cloud Deal with IREN for AI Compute Expansion
Microsoft has entered into a $9.7 billion agreement with data center operator IREN, securing access to NVIDIA’s advanced GB300 chips to meet its surging...
NVIDIA and South Korea Partner to Build 260,000-GPU AI Infrastructure
Global chipmaker NVIDIA has announced a large-scale partnership with the Government of South Korea to build one of the world’s most advanced national AI...
NVIDIA to Invest $1 Billion in Nokia for AI-Driven Network Partnership
In a landmark collaboration that bridges telecommunications and artificial intelligence, NVIDIA has announced a $1 billion equity investment in Nokia, marking the beginning of...
Foxconn to Deploy Humanoid Robots at Nvidia’s Houston AI Server Plant
In a major leap for AI-driven manufacturing, Foxconn, the world’s largest electronics maker and key producer of Nvidia’s AI servers, has announced that it...
Crusoe Raises $1.38B to Expand AI Data Centers
U.S.-based AI data center startup Crusoe has raised $1.38 billion in a new funding round, propelling its valuation to nearly $10 billion. The Series...
BlackRock, Nvidia, Microsoft Lead $40B AI Data Center Deal
In one of the largest infrastructure acquisitions of the year, an investor consortium led by BlackRock, Microsoft, and Nvidia has agreed to purchase Aligned...
Intel Unveils Crescent Island AI Chip for 2026
Intel has announced its return to the artificial intelligence chip race with the launch of Crescent Island, a new GPU designed for AI data...
OpenAI Partners with Broadcom to Build Custom AI Chips
OpenAI has entered into a landmark partnership with Broadcom to design and produce its first in-house AI processors, marking a major strategic shift in...
Cerebras Expands to UAE for Global AI Data Center Push
California-based Cerebras Systems is expanding its AI infrastructure to the United Arab Emirates, a move that will strengthen the region’s position as a global...
Elon Musk’s xAI Nears $20B Funding Round Backed by Nvidia
Elon Musk’s xAI is reportedly close to securing a $20 billion funding round, including a major equity investment from Nvidia, as it scales up...
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...
