Tag: computing
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Anthropic to rent AI computing power from Nscale for $45 billion, source says
Aug 26 : Anthropic will spend $45 billion to rent AI cloud computing power from Nscale’s West Virginia data center campus, a person familiar with the matter said on Wednesday, as the AI startup gears up for a major IPO.Anthropic has been aggressively expanding its computing power to meet demand growth it expe
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Oracle, Quantinuum partner to bring quantum computing to cloud
Aug 11 : Quantinuum and Oracle on Tuesday announced a multi-year partnership aimed at bringing quantum computing capabilities to Oracle’s cloud platform, as technology firms race to commercialize the nascent technology.Financial terms of the partnership and a deployment date were not disclosed.Here ar
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EU aims to build AI gigafactories of its own
The EU has unveiled a plan to raise state and private funds to hyperscale AI capabilities and gain independence from non-European governments. The plan calls for the construction of seven new sites across the bloc.
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IBM buys HRL Laboratories in shift to two-track quantum computing strategy
SAN FRANCISCO, July 23 : IBM has agreed to buy HRL Laboratories, a private quantum computing research lab jointly owned by Boeing Co and General Motors, the company said on Thursday, adding a second pillar to IBM’s quantum computing efforts.IBM has been racing against Alphabet’s Google, Microsoft and others t
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Meta, Anthropic in talks for potential $10 billion compute lease deal, source says
July 17 : Meta Platforms is in talks to lease computing power to Anthropic in a potential deal worth up to $10 billion over two years, according to a source familiar with the matter. Shares of the social media giant pared losses slightly after the news and closed down more than 2 per cent amid…
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Musk’s SpaceX in talks to supply the Pentagon with computing power, WSJ reports
July 17 : Elon Musk’s SpaceX is in talks to provide the U.S. Department of Defense with access to data center capacity worth billions of dollars to run AI models, the Wall Street Journal reported on Friday, citing people familiar with the matter.Such an agreement would extend the Pentagon’s existing relation
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AI startup Reflection signs over $1 billion computing deal with Nebius
July 14 : AI startup Reflection said on Tuesday it has signed a more than $1 billion deal to secure computing capacity from Nebius, including access to Nvidia’s latest chips.The move builds on Reflection’s June agreement with SpaceX for computing capacity, a deal that media reports said would see the startup
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Meta to put AI chip into production in September as it looks to double computing capacity, memo shows
(Corrects figure in paragraph 11 to 2.5 gigawatts by end of year, not 5.5 gigawatts.)By Katie Paul, Max A. Cherney and Stephen NellisNEW YORK/SAN FRANCISCO, July 9 : Meta Platforms plans to start manufacturing an artificial intelligence chip from September as part of its plan to boost overall computin
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Trump signs new executive orders to boost quantum computing
US President Donald Trump signed two executive orders to boost quantum research and strengthen security infrastructure in a post-quantum world.
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Meta signs new AI computing deals with data center firm Crusoe, Bloomberg News reports
June 18 : Meta Platforms has secured new agreements to get AI computing power from data center developer Crusoe, Bloomberg News reported on Thursday, as it strengthens infrastructure required to support its AI expansion.Meta and Crusoe did not immediately respond to Reuters’ requests for comment on the repor
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