Tag: AI deals
OpenAI teams up with Foxconn to build hardware for AI data centres| Business News
OpenAI is partnering with Hon Hai Precision Industry Co. (Foxconn) to design and manufacture hardware for AI data centres, amid a grow need for AI…
Nvidia’s upbeat revenue forecast, Jensen Huang soothe fears of an AI bubble| Business News
Nvidia Corp. delivered a surprisingly strong revenue forecast and pushed back on the idea of an AI bubble, easing concerns that had spread across the…
Adobe to acquire Semrush in $1.9-billion deal to build marketing tools for an AI world| Business News
Adobe Inc. has decided to acquire Semrush Holdings Inc. in a $1.9-billion all-cash deal, as the Photoshop maker looks to strengthen its marketing tools for…
AMD, Cisco, Saudi Arabia’s Humain launch AI JV, land first major customer| Business News
Advanced Micro Devices Inc., Cisco Systems Inc. and Saudi Arabia’s AI startup Humain are forming a joint venture to build data centres in the Middle…
Microsoft, Nvidia, Anthropic announce new AI deal amid fears of a bubble| Business News
Microsoft, Nvidia and Anthropic have formed an alliance, with Anthropic committing $30 billion to Azure for its Claude AI models. Dario Amodei, CEO and co-founder…