Texas spent years selling itself as the easiest place in America to build a data centre. This week it started making that harder. Governor Greg Abbott, who last year called the state the “epicenter of AI development,” has ordered a pause on new data-ce…
Elon Musk’s SpaceX and xAI will exclusive use Nvidia AI accelerators for training and inference as companies believe Vera Rubin is the best AI compute architecture available today.
A senior Federal Reserve official has put an uncomfortable question on the table. Speaking this week, Kansas City Fed president Jeff Schmid said the finances around the AI buildout now merit close watching. Jeff Schmid said there were signs the industr…
The same Silicon Valley startups supplying OpenAI, Anthropic and the U.S. government are also selling AI training datasets to Chinese labs building rival models.
Portuguesespace technology company Neuraspace has secured €15.6 million in new financingto expand its AI-enabled Space Domain Awareness (SDA) and Space TrafficManagement (STM) capabilities. The financ…
AMD has had its best quarter yet, as the chipmaker reported record revenue of $11.5bn for the second quarter, up 50% on a year earlier, as demand for AI hardware kept climbing. The engine was the data centre which brought in $6.7bn, more than double la…
An AI agent can shop on Amazon whether Amazon likes it or not. A US appeals court has overturned an injunction that barred Perplexity’s shopping agent from the retailer, handing an early win to the software that browses and buys on people’s behalf. The…
Europe missed out on building the AI labs, and is quietly cashing in anyway. The continent’s established tech and industrial giants have emerged as unexpected winners of the AI boom, according to Reuters, even as its startups struggle to rival OpenAI o…
Cracken, a San Francisco-based applied AI lab focused on offensive cybersecurity, has launched a self-serve version of its proactive security platform. Enterprise security teams and individual practitioners can now create an account and start testing t…
Microsoft executive vice president Jay Parikh has told employees in an internal email that the company needs to rein in its AI token consumption, writing that “tokenmaxxing is not what we are optimizing for.” The message, first reported by 404 Media, r…