Technology
SpaceX Eyes $40 Billion Loan for Nvidia Chips
Elon Musk’s SpaceX is engaged in discussions with banks and investors to secure $40 billion for the procurement of chips from Nvidia Corp., according to sources. This move would represent one of the largest debt financings in the context of
The forthcoming surge in artificial intelligence debt financing is gaining momentum in Asia. Companies constructing numerous data centers throughout the region are concurrently pursuing financing to acquire the sophisticated computer chips necessary for their operation. In the United States, there
In the aftermath of a breach affecting Australian government websites in June, OpenAI acknowledged that its response to the hacking incident fell short of expectations, according to the source. During a parliamentary hearing on artificial intelligence in Sydney on Tuesday,
On Sunday, Elon Musk, CEO of SpaceX and Tesla, confirmed the renaming of the company’s artificial intelligence division from SpaceXAI to SpaceXSI. This change follows an executive order from US President Donald Trump, which mandates the replacement of the term
Anthropic cautioned that governmental perspectives on the company and its technology may carry wider ramifications for its operations, particularly concerning its affiliations with commercial clients and partners, as indicated in the initial public offering. In the prospectus, Anthropic referenced multiple
Chinese AI firm DeepSeek announced on Wednesday its partnership with Huawei Technologies to develop programming tools optimised for Huawei’s Ascend chips. This collaboration represents a further indication of Chinese tech firms strengthening their connections as they explore alternatives to the
OpenAI seeks to secure a minimum of $30 billion from investors in a forthcoming funding round, as reported by sources, following the artificial intelligence startup’s decision to delay its initial public offering plans. The company is pursuing a valuation of
Advanced Micro Devices announced on Monday its intention to acquire Fei-Fei Li’s AI startup, World Labs, in an all-stock transaction valued at $8.2 billion. This strategic move is expected to provide the chipmaker with a significant presence in the research
Nvidia on Monday released a suite of software safety tools for AI agents, claiming that these tools could have prevented the hack of Hugging Face, the AI coding hub acquired by Nvidia for $13 billion months after it faced an
Last week, Anthropic, a prominent player in the artificial intelligence sector, presented findings from its newly established biology lab. The scientists reported that they utilised AI agents to identify novel enzymes that hold potential for advancements in biotechnology. Some scientists
