The first custom AI inference chip designed by OpenAI and manufactured by Broadcom has been delivered as a physical unit targeting dramatically lower costs for running ChatGPT.
Category: Technology & AI
SK Hynix Files for $29 Billion Nasdaq Listing Targeting July 2026 as Memory Demand From AI Soars
South Korea’s second-largest chipmaker is raising capital as it ramps production of high-bandwidth memory chips critical for powering the AI infrastructure boom.
Alphabet Loses $269 Billion in Market Cap as Four Senior Google DeepMind Scientists Defect to AI Rivals
The historic talent exodus including Nobel laureate John Jumper to Anthropic and Transformer co-author Noam Shazeer to OpenAI crushed Alphabet’s stock in a historic valuation drop.
SpaceX Joins Nasdaq-100 Just 15 Trading Days After Record $1.75 Trillion IPO — Nasdaq Changes Own Rules
Nasdaq controversially fast-tracked SpaceX into its prestigious index bypassing the normal three-month listing requirement in a decision analysts say sets a problematic precedent.
Sangakkara confident Vaibhav Sooryavanshi can handle cricket’s spotlight
Cricket legend Kumar Sangakkara praised teenage sensation Vaibhav Sooryavanshi’s maturity and talent.
Persistent and Nagarro sign Business Combination Agreement to form the Persistent – Nagarro Group, a global leader in AI-led digital engineering
IT services firms Persistent and Nagarro announced a merger to form a global AI-led digital engineering group.
Meta showcases Northeast MSMEs using AI and WhatsApp to fuel business growth
Meta highlighted success stories of small businesses in Northeast India leveraging WhatsApp Business tools.
Microsoft’s Satya Nadella says every company should build its own AI model
Microsoft CEO Satya Nadella encouraged businesses to train proprietary AI models on custom datasets.
Pricol board approves demerger of DICVS business to Pricol Autotech
The Pricol board finalized details to transfer its DICVS division to Pricol Autotech.
Morgan Stanley Raises PT on International Business Machines (IBM) Stock
Morgan Stanley raised its target price on IBM shares, citing strong enterprise software revenue growth.