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AMD, AI
AMD to cut 4% of global workforce as it focuses on AI chip development
Advanced Micro Devices is laying off 4% of its global workforce, or about 1,000 employees, as it directs efforts towards developing AI chips in a bid to compete against industry bellwether Nvidia .
AMD lays off 4 percent of its global workforce
AMD has confirmed it’s laying off roughly four percent of its global workforce, according to reports by TechCrunch and others. It’s not entirely clear how many people will be impacted by this move, or which divisions the laid off employees will be pulled from.
AMD will lay off nearly 1,000, or 4% of staff, as AI competition heats up
AMD said today it will lay off 4% of its global staff, or perhaps somewhat less than 1,000 of its estimated 26,000-person workforce.
Nvidia's hot new AI chip has its 1st customer
Nvidia's hot new AI chip has its first customer
Nvidia’s (NVDA) new artificial intelligence chip has its first customer, which plans to build the most powerful AI supercomputer in Japan.
SoftBank first to receive new Nvidia chips for supercomputer
SoftBank's Japanese telecoms unit will receive the first chips using Nvidia's latest Blackwell design for its supercomputer, the California-based chip designer said, as Masayoshi Son looks to ride the artificial intelligence boom.
SoftBank is Nvidia's first Blackwell chips customer. Here's what they're going to be used for.
SoftBank Group is the first customer to use Nvidia's Blackwell chips, which will be used to develop an artificial intelligence supercomputer in Japan. The companies plan to build the system — which they call Japan's most powerful supercomputer — in early 2025.
15h
on MSN
Meet the 1 Artificial Intelligence (AI) Chip Stock I Think Is Poised for a Big Run Under the Trump Administration (Hint: It's Not Nvidia)
President-elect Trump has a lot of ideas, and potential policy changes related to foreign trade and manufacturing could be a ...
Benzinga.com
8h
AMD Plans To Cut 4% Of Workforce Amid Strategic Shift Toward AI Chip Development To Rival Jensen Huang-Led Nvidia's Dominance: Report
AMD plans to start mass production of its MI325X
AI
chip
in fourth-quarter of 2024, although ramping up production is ...
8h
Juniper invests in AI chip startup Recogni, details technical collaboration
Juniper Networks Inc. on Tuesday disclosed that it has invested in Recogni Inc., a startup with an artificial intelligence ...
blockonomi
1d
Nvidia (NVDA): AI Chip Dominance Could Drive $37B Revenue in Q4
Despite Monday's pullback from record highs, analysts remain bullish on Nvidia's AI chip dominance, raising price targets to ...
1d
on MSN
This Little Known Chip-Equipment Stock Has Good News for Nvidia and the AI Trade
A small chip-equipment stock called Camtek continues to see rapid growth for its AI-related products. It’s a good sign for ...
Crypto Briefing
1d
Amazon steps up AI chip development to cut dependence on Nvidia
The company plans to widely release its ‘Trainium 2’
AI
training
chip
next month. The
chip
development is led by ...
3h
Georgia Tech Chip Design Program Empowers the Apple Workforce of Tomorrow
Apple welcomed Georgia Tech into the New Silicon Initiative program, pairing them with Apple mentors to promote semiconductor ...
49m
How This Simple Tool Helped Jensen Huang Build Nvidia Into the King of AI
Nvidia’s CEO turned a struggling upstart into the world’s most valuable company. An exclusive look at how it happened.
ReadWrite
2d
Amazon readies new AI chip to compete with Nvidia
Amazon is developing its own
AI
chips, led by its Annapurna Labs, to compete with Nvidia. The new Trainium 2
chip
aims to ...
1d
on MSN
Jefferies Highlights Meta Platforms, Inc. (META)’s AI Chip Progress, Sees Strong Upside from Growing Demand for Training and Inference Accelerators
We recently compiled a list of the 14 AI News Investors Are Paying Attention To. In this article, we are going to take a look ...
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