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AMD, AI

AMD to cut 4% of global workforce as it focuses on AI chip development

Advanced Micro Devices is laying off 4% of its global workforce, or about 1,000 employees, as it directs efforts towards developing AI chips in a bid to compete against industry bellwether Nvidia .

Engadget on MSN · 12h

AMD lays off 4 percent of its global workforce

AMD has confirmed it’s laying off roughly four percent of its global workforce, according to reports by TechCrunch and others. It’s not entirely clear how many people will be impacted by this move, or which divisions the laid off employees will be pulled from.

VentureBeat · 9h

AMD will lay off nearly 1,000, or 4% of staff, as AI competition heats up

AMD said today it will lay off 4% of its global staff, or perhaps somewhat less than 1,000 of its estimated 26,000-person workforce.

Nvidia's hot new AI chip has its 1st customer

Yahoo · 16h

Nvidia's hot new AI chip has its first customer

Nvidia’s (NVDA) new artificial intelligence chip has its first customer, which plans to build the most powerful AI supercomputer in Japan.

Reuters on MSN · 1d

SoftBank first to receive new Nvidia chips for supercomputer

SoftBank's Japanese telecoms unit will receive the first chips using Nvidia's latest Blackwell design for its supercomputer, the California-based chip designer said, as Masayoshi Son looks to ride the artificial intelligence boom.

Business Insider on MSN · 1d

SoftBank is Nvidia's first Blackwell chips customer. Here's what they're going to be used for.

SoftBank Group is the first customer to use Nvidia's Blackwell chips, which will be used to develop an artificial intelligence supercomputer in Japan. The companies plan to build the system — which they call Japan's most powerful supercomputer — in early 2025.

15hon MSN

Meet the 1 Artificial Intelligence (AI) Chip Stock I Think Is Poised for a Big Run Under the Trump Administration (Hint: It's Not Nvidia)

President-elect Trump has a lot of ideas, and potential policy changes related to foreign trade and manufacturing could be a ...

Benzinga.com8h

AMD Plans To Cut 4% Of Workforce Amid Strategic Shift Toward AI Chip Development To Rival Jensen Huang-Led Nvidia's Dominance: Report

AMD plans to start mass production of its MI325X AI chip in fourth-quarter of 2024, although ramping up production is ...

Juniper invests in AI chip startup Recogni, details technical collaboration

Juniper Networks Inc. on Tuesday disclosed that it has invested in Recogni Inc., a startup with an artificial intelligence ...

8hon MSN

Trump pledged to gut Biden’s AI rules, as OpenAI eyes landmark infusion

OpenAI’s policy proposal warns that if the U.S. will lose its technological edge to China without investing in artificial ...

1don MSN

This Little Known Chip-Equipment Stock Has Good News for Nvidia and the AI Trade

A small chip-equipment stock called Camtek continues to see rapid growth for its AI-related products. It’s a good sign for ...

7mon MSN

ASML Sticks to Long-Term Growth Targets Amid AI Frenzy

ASML Holding said it would maintain its 2030 sales and margin targets, as it expects booming demand for artificial ...

blockonomi1d

Nvidia (NVDA): AI Chip Dominance Could Drive $37B Revenue in Q4

Despite Monday's pullback from record highs, analysts remain bullish on Nvidia's AI chip dominance, raising price targets to ...

Georgia Tech Chip Design Program Empowers the Apple Workforce of Tomorrow

Apple welcomed Georgia Tech into the New Silicon Initiative program, pairing them with Apple mentors to promote semiconductor ...

ReadWrite2d

Amazon readies new AI chip to compete with Nvidia

Amazon is developing its own AI chips, led by its Annapurna Labs, to compete with Nvidia. The new Trainium 2 chip aims to ...

1don MSN

Jefferies Highlights Meta Platforms, Inc. (META)’s AI Chip Progress, Sees Strong Upside from Growing Demand for Training and Inference Accelerators

We recently compiled a list of the 14 AI News Investors Are Paying Attention To. In this article, we are going to take a look ...

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