SK Hynix plans to invest ~$75B in chips through 2028, allocating ~80%, or ~$60B, to manufacturing HBM chips, as part of the parent company SK Group's bet on AI
hopes for AI business boost DigiTimes : SK Hynix aims to lead HBM Market for AI Chips, invests $75 Billion by 2028 Aamir Sheikh / Cryptopolitan : Korea's SK Group will invest $58 billion in AI chip ma...
OpenAI unveils GPT-4o, a new flagship generative AI model that is faster and natively multimodal, rolling out for free to all ChatGPT users in the coming weeks
There are two things from our announcement today I wanted to highlight. OpenAI : Hello GPT-4o — We're announcing GPT-4o, our new flagship model that can reason across audio, vision, and text in real...
Sources: Masayoshi Son seeks up to $100B for an AI chip venture to rival Nvidia; one scenario involves $30B from SoftBank and $70B from Middle Eastern investors
Welcome to Runtime! Today: why ridiculous sums of money … Pranav Dixit / Business Today : After Sam Altman, SoftBank founder Masayoshi Son joins AI chip race to challenge Nvidia dominance Rupam Roy /...
Microsoft Copilot can now compose songs, including lyrics, instruments, and voices, from a sentence, due to a new integration with generative AI music app Suno
use the Suno plug-in to create full songs with lyrics, vocals and backing track Luke Jones / WinBuzzer : Microsoft's AI Chatbot Copilot Integrates with Suno for Innovative Music Creation Lawrence Bonk...
Sources: Paris-based Mistral AI is in the final stages of raising ~€450M at a ~$2B valuation; a16z could provide €200M and Nvidia and Salesforce €120M in debt
less than 12 months after founding Aamir Sheikh / Cryptopolitan : Mistral AI Secures $487 Million Funding Led by Andreessen Horowitz, Emerging as a Strong Competitor to OpenAI PYMNTS.com : Mistral AI ...
HPE reports Q4 revenue down 7% YoY to $7.4B, including Compute down 31% YoY to $2.6B, HPC & AI up 37% YoY to $1.2B, and Intelligent Edge up 41% YoY to $1.4B
Hewlett Packard Enterprise Reports Q4 Results to Close Impressive Fiscal 2023; Raises Dividend in Fiscal 2024 Chris Mellor / Blocks and Files : HPE fails to crack $8 billion quarter barrier Aamir Shei...
Arm CEO Rene Haas says the US' goal to cut off China's access to sophisticated chips with military uses will be “a hard problem to solve” using export controls
and U.S. Export Rules Look Even Worse in the Long Term South China Morning Post : ASML chip-making equipment sales fall as China rushes to secure tools ahead of widened US export controls Aamir Sheikh...