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AMD, AI

AMD to cut 4% of global workforce as it focuses on AI chip development

Advanced Micro Devices is laying off 4% of its global workforce, or about 1,000 employees, as it directs efforts towards developing AI chips in a bid to compete against industry bellwether Nvidia .

Fiiber on MSN · 32m

Chipmaker AMD cutting 1000 jobs to focus on AI development

Chipmaker AMD is laying off 1,000 employees to prioritise AI chip development, signalling a strategic shift in response to the growing importance of AI technology and competition from Nvidia.

Engadget on MSN · 14h

AMD lays off 4 percent of its global workforce

AMD has confirmed it’s laying off roughly four percent of its global workforce, according to reports by TechCrunch and others. It’s not entirely clear how many people will be impacted by this move, or which divisions the laid off employees will be pulled from.

Nvidia's hot new AI chip has its 1st customer

Yahoo · 18h

Nvidia's hot new AI chip has its first customer

Nvidia’s (NVDA) new artificial intelligence chip has its first customer, which plans to build the most powerful AI supercomputer in Japan.

Reuters on MSN · 1d

SoftBank first to receive new Nvidia chips for supercomputer

SoftBank's Japanese telecoms unit will receive the first chips using Nvidia's latest Blackwell design for its supercomputer, the California-based chip designer said, as Masayoshi Son looks to ride the artificial intelligence boom.

Business Insider on MSN · 1d

SoftBank is Nvidia's first Blackwell chips customer. Here's what they're going to be used for.

SoftBank Group is the first customer to use Nvidia's Blackwell chips, which will be used to develop an artificial intelligence supercomputer in Japan. The companies plan to build the system — which they call Japan's most powerful supercomputer — in early 2025.

AI, Juniper Networks and Recogni

SiliconANGLE · 10h

Juniper invests in AI chip startup Recogni, details technical collaboration

Juniper Networks Inc. on Tuesday disclosed that it has invested in Recogni Inc., a startup with an artificial intelligence chip touted as significantly more efficient than the competition.

U.S. News & World Report · 1d

Juniper Networks Invests in AI Startup Recogni in $102 Million Funding Round

Networking gear maker Juniper Networks has invested in artificial intelligence firm Recogni as part of a $102 million late-stage funding round, the companies said on Tuesday. Recogni said it will collaborate with Juniper Networks to build an AI inference system that can be installed in server racks.

GlobalData on MSN · 16h

Juniper Networks invests in Recogni to advance AI inference systems

Juniper Networks participated in Recogni's $102m Series C funding round, co-led by Celesta Capital and GreatPoint Ventures.

17hon MSN

Meet the 1 Artificial Intelligence (AI) Chip Stock I Think Is Poised for a Big Run Under the Trump Administration (Hint: It's Not Nvidia)

President-elect Trump has a lot of ideas, and potential policy changes related to foreign trade and manufacturing could be a ...

Benzinga.com10h

AMD Plans To Cut 4% Of Workforce Amid Strategic Shift Toward AI Chip Development To Rival Jensen Huang-Led Nvidia's Dominance: Report

AMD plans to start mass production of its MI325X AI chip in fourth-quarter of 2024, although ramping up production is ...

blockonomi1d

Nvidia (NVDA): AI Chip Dominance Could Drive $37B Revenue in Q4

Despite Monday's pullback from record highs, analysts remain bullish on Nvidia's AI chip dominance, raising price targets to ...

Design-Reuse20m

LG and Tenstorrent Expand Partnership to Enhance AI Chip Capabilities

Through this partnership, LG aims to enhance its design and development capabilities for AI chips tailored to its products ...

Crypto Briefing1d

Amazon steps up AI chip development to cut dependence on Nvidia

The company plans to widely release its ‘Trainium 2’ AI training chip next month. The chip development is led by ...

ReadWrite2d

Amazon readies new AI chip to compete with Nvidia

Amazon is developing its own AI chips, led by its Annapurna Labs, to compete with Nvidia. The new Trainium 2 chip aims to ...

Georgia Tech Chip Design Program Empowers the Apple Workforce of Tomorrow

Apple welcomed Georgia Tech into the New Silicon Initiative program, pairing them with Apple mentors to promote semiconductor ...

1don MSN

Jefferies Highlights Meta Platforms, Inc. (META)’s AI Chip Progress, Sees Strong Upside from Growing Demand for Training and Inference Accelerators

We recently compiled a list of the 14 AI News Investors Are Paying Attention To. In this article, we are going to take a look ...

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