Biren Technology aims to raise HK$4.85 billion in its Hong Kong IPO, targeting AI chip development and intelligent computing growth amid strong investor interest.
The House approved the SPEED Act to speed federal permits for AI infrastructure, tightening environmental review timelines as lawmakers debate energy, data centers, and competitiveness.
Amazon appointed AWS veteran Peter DeSantis to head a new AI group managing Nova models, custom chips, and quantum computing as it deepens its AI strategy.
Amazon is reportedly in early talks to invest up to $10 billion in OpenAI in a deal tied to the use of its AI chips. The discussions reflect a broader trend of circular partnerships shaping the AI infrastructure market.
Nvidia is reportedly planning to increase production of its H200 AI training chips following approval to sell them in China.
Microsoft will invest $17.5 billion over four years to expand AI and cloud infrastructure in India, supporting national AI platforms and workforce training initiatives.
Naveen Rao’s new startup Unconventional AI secures $475 million at a $4.5 billion valuation to build radically energy-efficient computing for AI workloads.
The U.S. Commerce Department will let Nvidia export H200 AI chips to approved Chinese customers, with a 25% revenue share going to the U.S., despite Congressional concerns over national security.
Tata Electronics and Intel form a strategic alliance to build semiconductor fabs, AI PC solutions, and advanced packaging in India, targeting a top-five global market by 2030.
Nvidia partner Foxconn reports a 26% revenue increase in November as demand for next-generation AI infrastructure rises.
Chicago Tribune sues Perplexity for copyright violations, including scraping paywalled content and using it in AI search engine systems, amid broader legal battles over AI training data.
Nvidia’s newest AI server accelerates mixture-of-experts models by 10x, leveraging 72 chips and high-speed interconnects, maintaining an edge over AMD and competitors.
Security startup Verkada reaches a $5.8 billion valuation after a $100 million funding round led by CapitalG to expand AI-driven security solutions.
AWS introduced new tools for enterprise customers to build and fine-tune custom large language models, alongside AI infrastructure offerings for on-premises deployments.
AWS AI Factories bring dedicated AI infrastructure directly into customer data centers, enabling enterprises and governments to rapidly develop and deploy AI applications while meeting data sovereignty and regulatory requirements.