Intel has abandoned its plans for the Falcon Shores AI chip, shifting focus to Jaguar Shores for system-level solutions in the AI data center market. Interim co-CEO Michelle Johnston Holthaus ...

While SpaceX is the most valuable private company in the world, the funding round could push OpenAI up to second spot alongside Chinese tech giant ByteDance ... If the AI juggernaut hits its ...

Last week, it created a $8.2 billion AI investment fund, days after the U.S. imposed fresh chip export restrictions ... by TikTok’s parent company ByteDance last week. Doubao is currently ...

appeared to have accomplished the feat with fewer and less powerful chips than those used by top AI labs in America. The development has raised concerns that chip stocks like Nvidia may see demand ...

Perplexity is also proposing that ByteDance keep its core recommendation algorithm. The AI search engine is also willing to be acquired by the new holding company if its investors receive a stake ...

The privately held technology giant plans to spend about half of the amount abroad on AI-related infrastructure, primarily data centres and networking equipment, they said. ByteDance, Huawei and ...

Reuters added that the main beneficiaries of ByteDance’s spending will include Nvidia Corp., which manufactures the powerful graphics processing units that drive many of the most advanced AI ...

ByteDance, the parent company of TikTok, has unveiled an updated version of China’s popular artificial intelligence (AI) app Doubao, as the company doubles down on AI development despite export ...

The privately held technology giant plans to spend about half of the amount abroad on AI-related infrastructure, primarily data centres and networking equipment, they said. ByteDance, Huawei and ...