Tag: compute
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US CFTC seeks comment on compute derivatives as AI demand grows
Aug 19 : The U.S. Commodity Futures Trading Commission said on Wednesday it was seeking public comment on compute derivatives contracts, as the AI boom drives demand for new market products tied to computing power.The request is an early step by the derivatives regulator toward setting rules for markets that
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Nvidia gets $500bn from major investors to develop AI infrastructure
The money will be used to develop new data centres to house, operate, and cool miles of stacked computer chips that process AI data and actions.
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Analysis:Meta’s AI splurge lays bare its compute conundrum
July 30 : Meta can simultaneously fuel its own AI ambitions and rent out its scarce computing capacity to bolster returns, CEO Mark Zuckerberg signaled on Wednesday. The problem is: investors aren’t buying it.The Instagram owner is splurging billions to build compute – chips, servers, energy and data centers
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SpaceX’s near-term AI payoff seen tethered to Earth, not outer space
July 10 : Elon Musk may have pitched a future where space powers AI, but Wall Street analysts say SpaceX’s near-term value remains firmly tethered to Earth, where it is building out the infrastructure underpinning the AI boom.Infrastructure providers, particularly data centers, are poised to be among the bigg
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Saudi Arabia’s Humain, Canada’s Cohere to work together on AI compute, sovereign AI models
DUBAI, July 9 : Saudi Arabia-backed artificial intelligence company Humain and Canada’s Cohere will collaborate on areas including AI compute, the two firms said on Thursday, as the Gulf firms expands ties with international partners amid rising demand for AI compute capacity. Under the deal, Humain will de
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