CuspAI, an AI startup developing models for chemistry, raises $100 million Series A at $520 million valuation led by New Enterprise Associates and Temasek, with Nvidia, Samsung Ventures, and Hyundai Motor Group participating to discover new materials for carbon capture, water filtration, and semiconductors.
A quirk in floating-point arithmetic and batch variability in large language models (LLMs) can lead to inconsistent outputs, but achieving deterministic inference through batch-invariant kernels for key operations like RMSNorm, matrix multiplication, and attention resolves these issues.
President Trump and top tech CEOs join forces, announcing massive US investments to power American supremacy in the rapidly advancing artificial intelligence frontier, hailing pro-business policies as fueling AI innovation and growth.
OpenAI collaborates with Broadcom on custom AI chips scheduled for launch in 2024, aiming to meet soaring computing demands and reduce reliance on Nvidia while utilizing the chips internally rather than selling them to customers.
OpenAI projects a staggering $115 billion cash burn by 2029, $80 billion higher than earlier estimates, as soaring costs drive the AI giant to develop its own chips and data centers to power its cutting-edge technology.
In a groundbreaking alliance, Amazon teams up with Anthropic, providing multi-gigawatt Trainium-powered infrastructure for training GenAI models, propelling Anthropic's dominance with a fivefold revenue surge to $5B annualized, outperforming rivals through scaling laws optimization.
Nvidia CEO Jensen Huang unveils 'Jensen's Law' for AI factories, driving performance and cost efficiency; when power is constrained and demand elastic, increases in performance per watt raise monetizable throughput faster than total cost, leading to higher revenue or lower unit costs.
Dell shatters Q2 projections, fueled by an unprecedented surge in AI server demand, propelling record sales as the tech giant positions itself to capitalize on the AI revolution by doubling AI server shipments to $20 billion in fiscal 2026.
Apple sends out invitations for its annual September event, set for the 9th, where it will unveil the iPhone 17 lineup, including the ultra-thin iPhone 17 Air, alongside updates to Apple Watch, AirPods Pro, HomePod mini, and potential software launches, promising an 'awe dropping' showcase.
Alphabet integrates Gemini AI into Pixel 10's Tensor G5 chips, creating an on-device AI ecosystem that strengthens its AI flywheel through enhanced privacy, responsiveness, and cross-device experiences, fueling AI revenue potential and offering a compelling long-term investment opportunity.