Dell, HPE and Lenovo aim for a bigger slice of an AI-server market set to grow 55% in 2025, reaching $252 billion. While hyperscale cloud providers may account for the majority of this growth, tier-2 providers such as Tesla and Coreweave are also playing a significant role.
High-bandwidth memory chips can offer enhanced performance with each new generation. According to a Bloomberg Intelligence analysis, many AI customers prioritize high speed over low cost in high bandwidth memory chips due to the importance of time to market.
Uber is using gig workers to get into the AI labeling business, Bloomberg reports. It’s a sign that the ridehail and delivery company is interested in expanding its independent contractor-powered business model to meet the demands of the fast-growing world of machine learning and large-language models.
The artificial intelligence revolution is driving such an insatiable quest for cash that it’s rewiring one section of US capital markets.Most Read from BloombergParis to Replace Parking Spaces With TreesTrump Promises Could Have Seismic Impact on Washington EconomyNew York’s Transit Agency Approves $9 Congestion TollTokyo’s Scorching Summers Focus Public Anger Against Tree CuttingNY Congestion Pricing Survived a Pause.
Microsoft Corp. reached a deal with News Corp.’s HarperCollins that will allow the software company to use nonfiction titles from the book publisher to train its artificial intelligence models, according to a person familiar with the matter.
(Bloomberg) -- Anthropic Chief Executive Officer Dario Amodei ... about how we do it,” Amodei said in response to a question on the topic Wednesday at an AI safety summit in San Francisco hosted by the US Departments of Commerce and State.
Black Forest Labs, the German artificial intelligence startup that helps Elon Musk’s Grok produce images, is in talks to raise as much as $200 million from investors including Andreessen Horowitz less than four months after it launched.
For investors who want a focused strategy around AI, particularly for those who believe in AI’s long-term growth trajectory, the Bloomberg Artificial Intelligence thematic indices come into play.
Japan is allocating another ¥1.5 trillion ($9.9 billion) to boost its chip and artificial intelligence endeavors including moonshot foundry project Rapidus Corp.
We came across a bullish thesis on QUALCOMM Incorporated (QCOM) on Substack by Daan Rijnberk. In this article, we will summarize the bulls’ thesis on QCOM.
We came across a bullish thesis on Celanese Corporation (CE) on Substack by Kyler Johnson. In this article, we will summarize the bulls’ thesis on CE.
Pony AI Inc.’s American depositary shares jumped 19% in their trading debut after raising $413.4 million in an initial public offering and concurrent private placements, after delaying the pricing by a week.