Explore how machine learning is reshaping industries, from AI to predictive analytics.
Artificial Intelligence (AI)
Perplexity AI has reportedly closed a $500 million funding round, pushing its valuation to an impressive $9 billion. This marks a remarkable threefold increase in just 6 months, showcasing the rapid momentum within the artificial intelligence sector. The latest funding round was led by Institutional Venture Partners (IVP). Earlier reports
Energy
Nuclear startup Oklo has struck a significant deal with data center operator Switch to supply up to 12 gigawatts of power by 2044. If successful, Oklo’s small modular reactors (SMRs) could become a game-changer for powering energy-hungry data centers. However, the agreement comes with challenges, including regulatory hurdles and
Artificial Intelligence (AI)
Microsoft has reportedly acquired nearly twice as many Nvidia AI chips as its closest competitors, underscoring its aggressive push to dominate the AI arena, particularly through its Azure cloud platform. What Happened? According to analysts at Omdia, Microsoft purchased approximately 485,000 Nvidia “Hopper” AI chips in 2024. This figure
Business Insights
San Francisco-based data analytics company Databricks has raised a record-breaking $10 billion in its Series J funding round, valuing the company at $62 billion. This historic investment—on par with Microsoft’s $10 billion backing of OpenAI in 2023—signals confidence that Databricks will play a pivotal role in the
Cloud Computing
Amazon Web Services (AWS) announced on Monday a $10 billion investment to build new data centers in Ohio by 2030. This move brings Amazon’s total investment in the state to over $23 billion, solidifying Ohio’s status as a growing technology hub in the Midwest. Expansion of Cloud and
Artificial Intelligence (AI)
Generative AI (Gen AI) has remarkable capabilities: it’s always on, endlessly scalable, instantly responsive, and equipped with vast knowledge. These attributes have made it an intimidating yet powerful tool, particularly for white-collar work. Yet, as AI continues to reshape industries, there remain critical areas where humans still hold a
Artificial Intelligence (AI)
Nvidia has launched the $249 Jetson Orin Nano, a compact, palm-sized computer designed for running artificial intelligence applications locally. This new iteration doubles the speed and efficiency of its predecessor while cutting the price in half, according to Nvidia. The Orin Nano is capable of processing up to 70% more
Artificial Intelligence (AI)
Google is stepping up its game in AI video and image generation with the release of Veo 2, the newest version of its video generation model. Positioned to compete directly with OpenAI’s Sora, Veo 2 delivers more realistic, high-resolution videos with improved understanding of real-world physics, human movement, and
Semiconductors
TSMC has achieved a major milestone with its 2nm trial production reaching 60% yields, a significant step toward earlier-than-expected mass production. This breakthrough positions Apple as a key early client, with plans to use the 2nm process for its upcoming A20 Pro chip, expected to debut in the iPhone 18
Artificial Intelligence (AI)
Liquid AI, an innovative AI startup co-founded by robotics expert Daniela Rus, secured $250 million in Series A funding led by AMD, valuing the company at over $2 billion. What is Liquid AI? Liquid AI is developing a new type of AI model called liquid neural networks, inspired by the
Semiconductors
Shares in the semiconductor giant Broadcom (Nasdaq: AVGO) are surging in early market trading following the release of its Q4 2024 earnings. The report highlights a staggering 220% year-on-year growth in Broadcom's AI revenue, propelling its stock over 20% higher today. With this surge, Broadcom has officially entered
Artificial Intelligence (AI)
Apple is stepping deeper into the AI race, reportedly partnering with semiconductor giant Broadcom to develop its first AI-focused server chip. This move reflects Apple's growing ambition to power advanced AI processing both on-device and in the cloud. Why Apple Needs AI Server Chips Apple is renowned for