Apple’s Next CEO Faces Growing Pressure to Catch Up in AI
As John Ternus prepares to take over as Apple CEO, investors are demanding a clearer AI strategy. The company risks falling behind rivals investing heavily in AI.
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As John Ternus prepares to take over as Apple CEO, investors are demanding a clearer AI strategy. The company risks falling behind rivals investing heavily in AI.
Amazon will invest up to $25 billion more in Anthropic to expand AI infrastructure. The deal deepens their partnership around AWS and custom AI chips.
Strong forecasts from ASML and TSMC signal continued massive AI spending by tech giants, despite rising concerns over sustainability and supply constraints.
Allbirds is exiting its core footwear business to pivot into AI compute infrastructure, sending its shares soaring. The move reflects growing investor interest in AI-related ventures.
CoreWeave has secured a $6 billion cloud deal and $1 billion equity investment from Jane Street, highlighting surging demand for AI infrastructure. The company continues to expand major partnerships.
Nvidia unveils Ising, a new open-source AI model family designed to tackle quantum computing’s biggest bottlenecks: calibration and error correction.
Oracle shares rose after expanding a major energy deal with Bloom Energy to power AI data centers. The move highlights surging infrastructure demand tied to AI growth.
Anthropic has signed a multi-year deal with CoreWeave to power its Claude AI models, expanding compute capacity as demand for AI infrastructure surges.
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.
OpenAI to include retail investors in IPO as demand surges, highlighting shift toward broader ownership and funding for massive AI infrastructure plans.
Meta has committed an additional $21 billion to CoreWeave for AI cloud infrastructure, deepening its push into artificial intelligence. The deal highlights rising demand for high-performance compute.
OpenAI has paused its Stargate AI infrastructure project in the UK, citing high energy costs and regulatory uncertainty. The move raises questions about the country’s AI ambitions.
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.