Chinese AI firm Moonshot released the Kimi K3 model on July 16, an open-weight model with 2.8 trillion parameters and a 1 million-token context window. Hindustan Times reports that Kimi K3 performed…
Nvidia is in talks to invest roughly $3 billion in SB Energy, a SoftBank subsidiary building a massive data centre in Ohio for OpenAI, The Information reported. The chipmaker plans to put…
Nearly 44% of institutional investors trimmed their Magnificent Seven holdings in the June quarter, while 42% added or started positions, according to a Reuters analysis of 13F filings from 6,371 funds. The…
LG Corp chairman Kwang Mo Koo and Nvidia CEO Jensen Huang signed an MOU at Nvidia's Santa Clara headquarters to collaborate on AI-powered robots, self-driving vehicles, and AI data centres. LG plans…
Nvidia is assembling Wall Street lenders to finance up to $500 billion in AI computing deals, The Economic Times reports. Goldman Sachs, Blackstone, Apollo, KKR, BlackRock and Brookfield are involved, but no…
NVIDIA CEO Jensen Huang has rejected fears that artificial intelligence will cause mass job losses, telling Y Combinator's Startup School that people confuse tasks with jobs. 'A task is one thing you…
Larsen & Toubro has secured a Rs 10,000-15,000 crore order from US-based Together AI to build what it calls India's largest single-cluster AI infrastructure facility in Chennai. The NVIDIA B300-based AI Factory,…
Norges Bank Investment Management reported a record $185 billion in investment returns for the first half of the year, taking the fund's value to $2.3 trillion. The second quarter alone delivered an…
Nvidia has partnered with six major financial institutions to raise over $500 billion for AI infrastructure. The chipmaker signed memorandums of understanding with Apollo Global Management, BlackRock, Blackstone, Brookfield Asset Management, Goldman…
Taiwan Semiconductor Manufacturing Co (TSMC), the world’s largest chipmaker, reported July revenue of NT$467.58 billion ($14.5 billion), a 44.7% jump from a year ago, driven by strong demand for AI chips from…
