Tag: information reports
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SoftBank in talks to buy stake in 1X at $6 billion valuation, The Information reports
Aug 26 : SoftBank is in talks to buy a majority stake in OpenAI-backed humanoid robot developer 1X Technologies in a deal that would value the startup at about $6 billion, The Information reported on Wednesday, citing people with knowledge of the deal.Reuters could not immediately confirm the report. SoftBan
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Nvidia agrees to buy Hugging Face for $12.9 billion, the Information reports
Aug 26 : Nvidia has agreed to buy AI platform Hugging Face for $12.9 billion, The Information reported on Wednesday, citing a person with knowledge of the deal.Reuters could not immediately verify the report.
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Nvidia discusses Perplexity investment at $30 billion-plus valuation, The Information reports
Aug 23 : Nvidia is discussing investing in Perplexity as part of an equity round that would value the AI startup at more than $30 billion, the Information reported on Sunday citing people with knowledge of the discussion.Reuters could not immediately verify the report.
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Anthropic prepares supervoting power for founders ahead of IPO, The Information reports
Aug 18 : Anthropic has been preparing to give CEO Dario Amodei and other co-founders a class of stock with extra voting power to help insulate them from external shareholder pressure, The Information reported on Tuesday, citing two people familiar with the matter.It would be the first time Anthropic’s leaders
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Tesla prepares for Cybercab launch in August starting with rides to employees, the Information reports
Aug 17 : Tesla has told employees it is gearing up for a public launch of Cybercab, starting with a rollout in Austin, Texas, as soon as this month, the Information reported on Monday, citing people with knowledge of the plans. Cybercab, a purpose-built autonomous vehicle without pedals or a steering wheel,
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Nvidia in talks to invest $3 billion in SB Energy as part of OpenAI data center deal, the Information reports
Aug 15 : Nvidia is in talks to invest as much as $3 billion in SB Energy, a subsidiary of SoftBank Group and developer of a massive planned Ohio data center project for OpenAI, the Information reported on Saturday, citing people familiar with the discussions.The investment is being discussed as part of Nvidia
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Nvidia building 1-trillion-parameter Nemotron 4 to rival open AI models, The Information reports
Aug 11 : Nvidia is developing a new AI model family, Nemotron 4, with the goal of challenging top open-source models globally, The Information reported on Tuesday, citing people who work on the project.The chip giant is among the few major U.S. firms to release open-source models, which have drawn more attent
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Nvidia is developing Nemotron 4 open-source models, The Information reports
Aug 11 : Nvidia is developing a new AI model family, Nemotron 4, with the goal of rivaling top open-source models globally, The Information reported on Tuesday, citing people who work on the project.The chip giant is among the few major U.S. firms to release open-source models, which have drawn more attention
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Microsoft plans to unveil next-generation AI chip in September, The Information reports
Aug 10 : Microsoft is planning to unveil its new Maia 300 AI chip this fall, potentially as soon as next month, The Information reported on Monday, citing people with direct knowledge of the plans.The company introduced its Maia AI chip in November 2023 but has lagged rivals such as Alphabet and Amazon in sca
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Microsoft plans to unveil new Maia 300 AI chip in September, The Information reports
Aug 10 : Microsoft is planning to publicly unveil its new Maia 300 chip this fall, potentially as soon as next month, The Information reported on Monday, citing people with direct knowledge of the plans.Microsoft introduced the Maia chip in November 2023 but has lagged its peers in ramping it up to scale as i
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