Tag: information reports
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Google plans new chip to run Gemini models more efficiently, the Information reports
July 20 : Google is developing a new server chip that would incorporate elements of its Gemini model directly into the hardware, in a bid to serve its AI models more efficiently to users, the Information reported on Monday, citing people familiar with the matter.The Alphabet-owned company expects the new chip
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Apple chasing AI chip company deals, The Information reports
July 15 : Apple is looking to buy chip companies to bolster its efforts to make server processors for running AI, The Information reported on Wednesday, citing people familiar with the matter.Here are some details:• The iPhone maker has approached chip startups to gauge their interest in a buyout and
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SpaceXAI plans to launch new model with Cursor as soon as Wednesday, The Information reports
July 7 : SpaceXAI and Cursor plan to launch their first jointly developed AI model as soon as Wednesday, The Information reported, citing a memo sent to staff.The companies pushed back plans to launch the new model earlier this week in order to improve its efficiency, according to the report published on Tue
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OpenAI burned $3.7 billion in first quarter of 2026, The Information reports
June 16 : OpenAI burned through $3.7 billion in the first quarter of 2026, more than half its $5.7 billion in revenue, The Information reported on Tuesday, citing documents the company shared with shareholders.Reuters could not immediately verify the report.Earlier this month, OpenAI said it had confid
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Qualcomm in talks to buy Tenstorrent, The Information reports
June 15 : Qualcomm is in talks to acquire AI chip startup Tenstorrent for $8 billion to $10 billion, The Information reported on Monday citing a person with knowledge of the deal.Shares of Qualcomm fell about 1 per cent in extended trading.The talks were ongoing and the price could change, or the discu
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Microsoft has considered spinning off Xbox, the Information reports
June 12 : Microsoft is considering options for its Xbox gaming unit, including a potential spinoff or restructuring as a wholly owned subsidiary, the Information reported on Friday, citing three people with direct knowledge of the discussions.The Windows maker is also weighing options such as creating a joint
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