OpenAI has asked the Trump administration to expand the 35% tax credit established under the Chips Act — the 2022 law designed to boost U.S. semiconductor production– to apply to AI data centers, ...
Banks including Sumitomo Mitsui Banking Corp., BNP Paribas, Goldman Sachs and Mitsubishi UFJ Financial Group are providing a roughly $18 billion loan to the developers of a New Mexico data center for ...
Richard Socher, CEO of AI search startup You.com and a former chief scientist at Salesforce, hopes to raise around $1 billion ...
On a quiet September morning, Alex Leithiser was out in the woods somewhere in the South on a secret mission: to break into a ...
Buzzfeed’s revenue plummeted 17% to $55.6 million in the third quarter compared to the same period a year earlier, as the digital media company was hurt by softer advertising demand than in 2024 when ...
Tesla CEO Elon Musk said Thursday that Tesla may have to eventually build its own chip fab to manufacture chips for its autonomous vehicle and robotics businesses. “One of the things I’m trying to ...
Nvidia CEO Jensen Huang said on Friday that there are “no active discussions” about selling the company’s most advanced Blackwell chips to China. In a televised interview with reporters in Taiwan, ...
OpenAI CEO Sam Altman said he doesn’t want the government to bail them out if the company fails. “If we screw up and can’t fix it, we should fail, and other companies will continue on doing good work ...
Amazon Web Services currently sells a smorgasbord of cloud servers equipped with chips from various manufacturers, as well as ones it has developed in-house. And according to Shaown Nandi, director of ...
Meta internally projected that 10% of its revenue last year, or $16 billion, came from ads promoting fraudulent products or schemes, Reuters reported. These include ads for fake products, sextortion ...
Soumith Chintala, who co-created Meta Platforms’ open-source machine learning library PyTorch, is leaving the company, according to three people with direct knowledge of the matter. He joined Facebook ...
More than 75% of Tesla shareholders voted in favor of Elon Musk’s $1 trillion pay package, the company announced at Tesla’s shareholder meeting on Thursday afternoon. The big majority in favor of the ...
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