AI SUPERCOMPUTERS
Huang in suspense, chips may crack
Huang is a hands-on boss at Nvidia. Although he owns a small amount of the company's stock, replacing him will be difficult. In the new political dispensation, Washington may be forced to take a harder look at its export control regime and make it more watertight. 'Jensanity' offers a good trigger.
Rs 654,000,000,000 blow: How NVIDIA chief Jensen Huang lost billions of dollars in a day?
Jensen Huang net worth: The NVIDIA chief's fortune decreased by over $7 billion after Nvidia's shares dropped significantly on Monday. This fall followed an investigation into Huang's alleged relationship with a Chinese spy. The decline in share price erased around $190 billion from Nvidia's market value, affecting Huang's ranking on billionaires' lists. Huang also issued an apology for his unfaithfulness to his wife, which added to the controversy surrounding him.
Jensen Huang's price of secret affair: NVIDIA CEO loses $7.4 billion in 30 minutes, drops 2 spots in top 10 richest list
Nvidia CEO Jensen Huang lost an estimated $7.4 billion in net worth, and slipped two spots to number 10 on Forbes' billionaire rankings, all in a span of 30 minutes. The AI-chips revolutionary admitted Monday to having an affair with a Singapore-based executive alleged to be a Chinese spy. Nvidia has done business with the firm, and a probe into the repationship is underway in the United States.
Vultr eyes 1 GW India capacity by 2029
Further, the company said it has hired more than 100 people in India over the past three months and plans thousands of additional hires in network engineering and operations by March. It also added that the Chennai workforce could eventually reach 5,000 as the facility becomes operational and services expand.
US DOJ is inquiring about Nvidia's purchase of Hugging Face
The Justice Department's recent questioning covers Nvidia's acquisitions, investments, sales practices, and whether the chip designer has exerted pressure on its customers, the two people said.
US Treasury proposes a rule to crack down on high-tech investments in China, other adversaries
The U.S. Treasury Department plans to enforce a rule limiting high-tech investments in China and Russia. This initiative aims to curb investments that may boost military capabilities in identified countries. The proposed restrictions will apply specifically to investments exceeding $50,000 and exclude many financial options. Treasury will review public comments before finalizing the rule, indicating a longer compliance process. Additionally, the ongoing tech rivalry between the U.S.
Ukraine’s drone strikes hit Yandex, Sberbank and VKontakte. Is Russia’s AI future at risk?
Ukrainian drone strikes have damaged data centers belonging to Yandex, Sberbank and VKontakte, disrupting digital services across Russia. While many services have resumed, damage to key AI supercomputers and difficulties replacing high-end chips could make recovery more challenging for Russia’s AI ambitions.
Half of OVHcloud capacity is available, AI model launching in early 2027: CEO says
The company has 250 megawatts of capacity connected, of which 140 MW is in operation, leaving 110 MW ready to take on new business, CEO Octave Klaba told Reuters after OVH published its annual earnings report.
One decision that made Jensen Huang worth $185 billion: Nvidia nearly went bankrupt in 1996, then a risky bet helped build its AI dominance
Jensen Huang went from working as a dishwasher at Denny’s to becoming the billionaire CEO of Nvidia. The turning point came in 1993, when he cofounded the company with two engineers to develop chips for better computer graphics. After an early setback nearly bankrupted Nvidia, Huang backed graphics-processing technology that later became essential to artificial intelligence, helping transform the company into a global technology powerhouse.
What is Meta’s Muse Spark Open and what can it do?
An open-weight model is an AI model whose core components — the numerical parameters learned during its training, known as its weights — are released publicly. Anyone can download the model, run it on their computer, study how it works, and adapt it to their needs, subject to the model’s licence and usage terms.
AI is coming for every company, Nvidia boss Jensen Huang says
"Every single company will be an AI company eventually. Every single industry will be impacted by AI," Jensen Huang told an event late Thursday, part of a European tour that includes a Nvidia-hosted conference in Berlin next week.
Scaleway to build AMD-powered AI supercomputer in Sweden
Scaleway is embarking on an ambitious project to build an AI supercomputer in Sweden, which will significantly bolster the European AI infrastructure landscape. The supercomputer will feature AMD Instinct MI355X chips, tailored for advanced AI functionalities. Sweden was chosen for its sustainable energy resources and burgeoning AI industry, and the assembly will be carried out by the French company Bull, showcasing the collaborative efforts in Europe's tech ecosystem.
Govt fast-tracks safer AI blueprint, paper on regulation out in a month
Speaking at a World Bank group event, Vaishnaw said the paper will be released in one month, and will focus on AI safety, humanity, skilling, inclusivity, and mitigation of harms such as deepfakes from AI.
French supercomputer maker Bull doubles output to boost Europe's AI ambitions
Bull, the French supercomputer manufacturer, has expanded its factory to double production capacity to meet growing orders. The European Union is investing heavily in supercomputing, committing €7 billion to improve capabilities. France's order for a supercomputer is significant, as Bull aims to deliver systems more efficiently.
IndiaAI Mission likely to rewire after GPU glitch
The IndiaAI Mission currently has access to about 30,000 GPUs against a total commitment of 45,000. Several firms that had committed capacity have been unable to deliver due to market pressures. The IT ministry is now planning to issue fresh bids while also pressing companies to meet their pledges.
Researchers losing the ability to develop scientific reasoning a big fear with AI: Climate Scientist William Boos
AI could make weather forecasting cheaper and more accessible, but scientists warn that over-reliance on the technology could weaken human scientific reasoning and make climate models harder to scrutinise.
Meta data center boosts Alberta appeal for hyperscalers, Capital Power says
Meta's plan to build a C$13 billion ($9 billion) data center in Alberta has boosted the Canadian province's appeal for hyperscalers, who see it as a vote of confidence in the government's AI strategy, the CEO of Capital Power said.
Spanish PM Sanchez says AI industry cannot be self-regulated
Governments worldwide are racing to set rules for AI as concerns grow over privacy, discrimination, job losses, misinformation and the concentration of computing power among a handful of tech giants.
European chip startup Axelera wins AI factory supply deals and launches second chip
CEO Fabrizio Del Maffeo in a phone call with Reuters declined to give precise details, but said the company now has more than 600 customers using Axelera's chips for applications in security, defence, in AI factories and in enterprise settings.
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