Friday, July 26, 2024

Amazon racing to develop AI chips cheaper, faster than Nvidia's, executives say

The server was packed with Amazon's artificial intelligence chips that compete with those from market leader Nvidia, Amazon executive Rami Sinno said on Friday, during a visit to the lab.

from Tech-Economic Times https://ift.tt/82qzkW3

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Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows

The dollar-denominated notes are split into 3-1/2-year, 5-1/2-year and 7-1/2-year tenors, while the euro-denominated bonds are split into 4-...