Qualcomm Stock Jumps on Multi-Generation AI Chip Deal With Amazon
Qualcomm shares rose about 10% after the company announced a multi-generation deal to build custom AI inference chips and optical networking for Amazon’s data centers.
#Amazon
Explore AIstify's latest reporting, research, and expert analysis tagged with "amazon", collected in one continuously updated archive.
Related Posts
Nvidia Reportedly Agrees to Buy Hugging Face for $12.9 Billion
Nvidia has reportedly agreed to acquire open-source AI platform Hugging Face for $12.9 billion, though no signed deal is confirmed and talks could still fall apart.
Hugging Face Explores a Sale That Could Value It at $13 Billion
Hugging Face is reportedly exploring a sale valuing it at $13 billion or more, nearly triple its 2023 valuation, though no deal has been reached and no buyer identified.
Anthropic Investors Eye a Record $2 Trillion IPO Valuation
By
Samantha Reed
• 4 mins read
Investors expect Anthropic to target a valuation of $2 trillion or more in an October IPO, which would be the largest listing in history, driven by surging revenue.
Anthropic in Talks to Acquire Israeli AI Startup Decart for $6B
By
Samantha Reed
• 2 mins read
Anthropic is in advanced talks to acquire Israeli AI infrastructure startup Decart at a valuation of approximately $6 billion. The deal would be Anthropic’s largest acquisition to date and would add inference optimization and real-time video generation capabilities ahead of a planned public offering.
Amazon AI Project Burned $1.8M in Tokens Before Costs Were Detected
By
Olivia Grant
• 3 mins read
An unsuccessful Amazon AI project reportedly spent $1.8 million on model tokens and ran 860% over budget before the problem was found five months later.
OpenAI Launches Presence to Deploy Enterprise AI Agents
By
Daniel Mercer
• 4 mins read
OpenAI launched Presence, a deployment product that helps enterprises run governed AI agents for voice and chat tasks like customer support, with human handoff and policy controls built in.
Google Designs a Gemini-Specific AI Chip Called Frozen v2
By
Olivia Grant
• 4 mins read
Google is designing Frozen v2, a chip that hardwires parts of its Gemini model into silicon and could serve six to ten times more tokens per watt, targeting deployment by 2028.
Anthropic Lines Up Investor Meetings for an October IPO
By
Samantha Reed
• 4 mins read
Anthropic is scheduling investor meetings ahead of a potential IPO as soon as October, a move that could take the Claude maker public before rival OpenAI.
Meta to Start Making Its Iris AI Chip in September, Memo Shows
By
Olivia Grant
• 3 mins read
Meta plans to begin manufacturing its in-house Iris AI chip in September as it aims to double computing capacity to 14 gigawatts next year and cut its reliance on Nvidia.
Microsoft Cuts 4,800 Jobs in Latest AI-Era Layoff Round
By
Samantha Reed
• 3 mins read
Microsoft cut about 4,800 jobs, roughly 2.1% of its workforce, hitting Xbox and commercial sales hardest, the latest tech layoffs to intensify fears about AI and work.
Nvidia’s Kyber AI Rack Reportedly Delayed to 2028 on Board Snag
By
Olivia Grant
• 3 mins read
Nvidia’s Kyber rack for its 2027 Rubin Ultra chips has slipped more than a year to 2028 over a hard-to-manufacture circuit board, SemiAnalysis says, with no proven fallback.
AI Spending Set to Surpass US Defense Budget by 2027
By
Samantha Reed
• 2 mins read
Big Tech’s AI capital spending is projected to reach about 3.2% of US GDP by 2027, overtaking national defense spending as a share of the economy for the first time.
Anthropic Details Fable 5 Cyber Safeguards, Proposes Jailbreak Scale
By
Marcus Lee
• 4 mins read
Anthropic published the cybersecurity rules behind its redeployed Claude Fable 5 model and proposed an industry framework for scoring how dangerous an AI jailbreak is.
Zuckerberg Admits Meta’s AI Agent Bets Have Not Paid Off Yet
By
Samantha Reed
• 4 mins read
Mark Zuckerberg told employees that Meta’s AI agents have progressed slower than expected and its restructuring was “not as clean” as planned, a rare admission amid huge AI spending.