Snap Bets on Qualcomm Chips for AI-Powered Smart Glasses
Snap’s Specs unit will use Qualcomm chips for upcoming smart glasses, deepening a long-standing partnership. The move comes as competition intensifies in AI-powered wearables.
Snap’s Specs unit will use Qualcomm chips for upcoming smart glasses, deepening a long-standing partnership. The move comes as competition intensifies in AI-powered wearables.
Amazon CEO Andy Jassy used his annual letter to highlight surging demand for its Trainium AI chips and justify massive infrastructure spending. The message signals intensifying competition with Nvidia and Intel.
Alibaba and China Telecom are building a major AI data center powered by Alibaba’s own chips, marking a push toward domestic infrastructure amid U.S. restrictions.
Intel has joined Elon Musk’s Terafab project aimed at scaling AI chip production, though its exact role remains unclear. The effort targets massive compute output for AI and robotics.
Uber is using custom AI chips from Amazon to enhance model training and app performance.
Broadcom is expanding its role in AI infrastructure through new chip and compute deals with Google and Anthropic. The move reflects accelerating demand for large-scale AI capacity.
Chinese chipmakers report record revenue driven by AI demand, memory shortages, and U.S. export curbs boosting domestic semiconductor growth.
Marvell Technology shares jumped after Nvidia announced a $2 billion investment, boosting confidence in its role in AI infrastructure.
Nvidia has invested $2 billion in Marvell as part of a partnership to expand AI infrastructure, including custom chips, networking, and silicon photonics.
Starcloud reaches $1.1B valuation to build orbital AI data centers, launching GPU-powered satellites and targeting space-based compute infrastructure.
Mistral AI has raised $830 million in debt to build a new data center near Paris, expanding its AI infrastructure across Europe.
Nvidia faces a certified class action lawsuit alleging it misled investors about crypto mining’s impact on GPU revenue. The case could shape disclosure standards for AI and crypto-linked firms.
Google has introduced TurboQuant, a new compression algorithm that reduces memory usage in AI systems while maintaining accuracy, improving performance in large models and search.
Micron Technology reported strong AI-driven earnings growth, but its stock fell following the results as investors reacted to valuation concerns and supply constraints.
Alibaba has unveiled a new CPU designed for AI agents, focusing on inference and customizable workloads. The chip reflects China’s push to build domestic AI infrastructure.