Tag: cloud computing
Amazon CEO Defends $200 Billion Investment in Artificial Intelligence
Amazon CEO Andy Jassy highlights the strategic rationale behind the company’s $200 billion investment in artificial intelligence technologies.
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Alibaba to Launch Data Center Powered Entirely by Its Own AI Chips in China
Alibaba and China Telecom plan a new data center in southern China using exclusively Alibaba’s self-developed AI accelerators.
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Anthropic Appoints Former Microsoft Executive Eric Boyd to Lead Infrastructure Division
Anthropic has hired ex-Microsoft executive Eric Boyd to lead its infrastructure team, focusing on scaling computing resources for growing user demand.
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Broadcom Expands AI Chip Supply Agreements with Google and Anthropic
Broadcom has broadened its AI chip supply contracts, securing future generations of components for Google and boosting Anthropic’s compute capacity.
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Demand for Nvidia H100 Accelerators Grows Despite New Blackwell Series, Rental Prices Surge
Contrary to expectations, demand and rental prices for Nvidia’s H100 accelerators have increased even after Blackwell series launch.
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Memory Costs to Command Nearly 30% of Data Center Capital Spending by 2026
Memory expenses are projected to rise to 30% of data center capital costs by 2026, a fourfold increase from 2023 levels, according to analysts.
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Oracle Plans Massive Staff Reductions to Fund New AI-Focused Data Centers
Oracle aims to cut thousands of jobs to redirect resources toward building advanced AI data centers, causing a notable dip in its stock price.
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Toshiba Announces 30-34TB 3.5-Inch SMR Hard Drives for Hyperscale Data Centers
Toshiba unveils its new 3.5-inch M12 HDD series featuring SMR technology, offering 30 to 34TB capacity aimed at hyperscalers and cloud providers.
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TSMC Prioritizes AI and Key Clients Amid Worsening 3nm Chip Shortage
TSMC’s 3nm chip production shortage is intensifying as demand from AI and cloud clients drives prioritization of key customers.
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Microsoft Takes Over Massive Texas Data Center Project From OpenAI and Oracle
Microsoft has assumed control of a nearly 1 GW Texas data center project after OpenAI and Oracle abandoned construction plans.
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Meta to Build Seven New Gas Power Plants in Louisiana to Support AI Data Center Demand
Meta will finance seven gas-fired power plants in Louisiana to meet the energy needs of its new AI data center without burdening local residents.
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OpenAI Scales Back Data Center Expansion Ahead of Planned IPO
OpenAI is moderating its data center development to reassure investors ahead of its anticipated IPO this year.
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