Chinese AI startup DeepSeek is creating its own semiconductor chip focused on AI inference workloads to reduce dependence on suppliers like Nvidia and Huawei. The chip aims to optimize running pre-trained AI models, offering cost and power efficiency advantages over traditional GPUs. This development aligns with China's push for domestic tech amid foreign semiconductor restrictions. DeepSeek has been working on the chip for about a year, engaging with design firms and hiring engineers to advance the project.
Anthropic CEO Dario Amodei clarified that his company does not support banning open-weight AI models, countering industry rumors. He emphasized that open-weight models without dangerous capabilities are beneficial public goods that aid businesses and...
Anthropic CEO Dario Amodei clarified that his company does not support banning open-weight AI models, which users can download and modify. This statement follows a coalition of tech firms urging policymakers to avoid premature restrictions on such mo...
Jim Cramer cautioned investors about Nvidia's reported $250 billion backstop for OpenAI's AI data center, comparing it to risky financing deals from the dot-com bubble era. While Nvidia remains strong, Cramer warned that suppliers financing customers...
Nvidia is reportedly negotiating to provide a $250 billion financing package for a massive OpenAI data center project in Ohio, part of a $500 billion development led by SoftBank's energy subsidiary. This deal would help OpenAI lease a 10-gigawatt fac...
Apple surpassed Nvidia to become the world's most valuable company for the first time since April 2025, with a market cap of $4.95 trillion compared to Nvidia's $4.77 trillion. Nvidia's shares fell 5% due to investor concerns over high AI-related cos...
