Running AI agents around the clock can consume hundreds of millions, or even billions, of tokens (units of data) a week.
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Last month, Coreweave, the largest independent neocloud company, reported its first-quarter revenue doubled to $2.1 billion.
Meta, Oracle, Amazon, and Coinbase have all made major layoffs as tech-sector job cuts surge past 111,000 for the year, per Layoffs.fyi.
The types of chips that will keep AI’s momentum up are different from those that trained it, creating an opening for rivals to Nvidia.
Both companies moved to expand their 30-minute-or-less ultra-fast delivery services across various US cities this past week.
Cerebras says its chips can perform inference work faster than Nvidia’s GPUs, which are less specialized for inference work.
Amazon’s supply chain has a long established lane in customs clearance from China to the US, which is very appealing for potential customers.
Meta is planning a spending spree later in this year, raising its expected annual capital expenditures from $115 billion to $135 billion.
Oprah Winfrey will soon start recording a twice-a-week video pod after signing a multiyear deal with the tech giant Monday.
Anthropic revealed Mythos earlier this month, an AI model with advanced cybersecurity abilities that’s taking the tech world by storm.
The aptly code-named startup Project Prometheus is close to scoring a new $10 billion fundraise at a cool $38 billion valuation.
Amazon’s Leo has 242 satellites in orbit and plans to start rolling out its service to some customers this year.
In his annual shareholder letter, Amazon CEO Andy Jassy doubled down on massive AI investments and took a few swipes at rivals.
The Roundhill Magnificent Seven ETF, which tracks Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia and Tesla, has slid roughly 11% this year.
Is it possible Citrini underestimated the dopamine rush Millennials get when they use credit card points to book a “free” flight to Bali?
Change is the universal constant and even the Magnificent 7, being reshaped by AI upheaval, isn’t immune. Here’s what you should know.