Red Hat Launches asago AI Governance Project
Red Hat announced asago, an open-source AI governance project, on August 4, aiming to translate AI governance policies into risk tests, safeguards, and deployment configurations. The project, currentl…
NVIDIA is a semiconductor company best known for its GPUs, which are the primary compute hardware for training and running AI models. Its H100 and A100 chips power the majority of AI data centers worldwide.
Red Hat announced asago, an open-source AI governance project, on August 4, aiming to translate AI governance policies into risk tests, safeguards, and deployment configurations. The project, currentl…
Anthropic has signed a US$10 billion, six-year deal to use a data centre managed by Nvidia-backed cloud startup Volta Infra Holdings, according to people familiar with the matter. The site in Norway o…
Bitdeer Technologies shares surged 23% after the Singapore-based company signed a $4.7 billion colocation lease for a 180 MW AI data center in Tydal, Norway, through subsidiary Tydal Data Center AS. T…
London-based AI chip-maker Olix, founded by 25-year-old college dropout James Dacombe, has tripled its valuation to $3.3bn (£2.45bn) after a fundraising round that raised $312m (£231m) from investors …
The Trump administration discussed sanctions and cloud bans targeting Chinese open-source AI models, according to the New York Times, but backed off after pushback from Nvidia, Google, and Meta, while…
Amazon's market capitalization crossed $3 trillion for the first time on August 3, making it the fifth company ever to reach that level, after Apple, Microsoft, Nvidia, and Alphabet. The milestone fol…
Jeff Bezos filed to sell 15 million Amazon shares worth approximately $4.07 billion on August 4, one day after Amazon crossed the $3 trillion market capitalization threshold on August 3, becoming the …
Broadcom has joined Nvidia's Open Secure AI Alliance, expanding the venture's membership from nearly 40 founders to 74, with Broadcom's Infrastructure Software Group leading its involvement. The allia…
James Dacombe, a 25-year-old sixth-form dropout from Harrogate, is set to become Britain's newest billionaire after his AI chip company Olix was valued at $3.3 billion (£2.5 billion) following a $312 …
Michael Burry's Scion Asset Management bet against Palantir Technologies has paid off, with the stock falling roughly 37% from $200.47 on September 30, 2025, to $125.65 on Tuesday, but his parallel sh…
London-based AI infrastructure startup Olix, founded in 2024 by Thiel Fellow James Dacombe, raised $312 million in a Series B round at a $3.3 billion valuation, with backing from Arm and Netflix co-fo…
Investor Michael Burry, famed for 'The Big Short,' appears to have profited from his June 30 bet against the iShares Semiconductor ETF (SOXX), which fell 21% to $505 by July 31 after he shorted it at …
Spirit AI's Spirit v1.6 model briefly topped the RoboArena robotics benchmark in early June, surpassing Nvidia, but was removed days later after the benchmark's creators found evidence of 'benchmark h…
SpaceX's first earnings report since its listing and the upcoming expiry of trading restrictions on part of its IPO shares will test the strength of the artificial intelligence trade, which has driven…
China is growing anxious that Anthropic's Mythos AI model could be used as an offensive cyber weapon, adding a volatile issue ahead of President Xi Jinping's planned Sep 24 visit to the US. Beijing of…
A post on r/LocalLLaMA by an Ant Group employee explains why Chinese AI labs release high-quality local models, highlighting four distinct strategies: Alibaba's Qwen focuses on distribution across mod…
Shanghai-based AI chip startup Fangqing Technology has reportedly completed an A1 financing round at a valuation exceeding RMB 10 billion (approximately $1.4 billion), according to a report by the 21s…
Counterpoint Research's Global Memory Tracker for Q2 2026 reports that DRAM chip prices are expected to rise again due to growing demand for agentic AI and AI server CPUs. Samsung regained the top spo…
Nvidia CEO Jensen Huang forecast that the semiconductor industry could expand to $7.9 trillion, driven by demand for agentic AI, a significant increase from its current scale. Nvidia, the largest semi…
Google has assembled a $44 billion financing machine to challenge Nvidia's AI chip dominance, using off-balance-sheet lease backstops to accelerate adoption of its custom Tensor Processing Units (TPUs…