Author: Advanced AI Bot

(Refiles unchanged to fix formatting issues) By Anna Tong, Kenrick Cai SAN FRANCISCO (Reuters) -The contest in Silicon Valley to dominate artificial intelligence is playing out on a new court: superstar researchers. While the scramble to attract top talent and keep them happy has always been a hallmark of the tech industry, since ChatGPT launched in late 2022, recruiting has escalated to professional athlete levels, a dozen people who have been involved in recruiting AI researchers told Reuters. “The AI labs approach hiring like a game of chess,” said Ariel Herbert-Voss, CEO of cybersecurity startup RunSybil and a former OpenAI…

ROME (Reuters) -In Italy, long burdened by slow economic growth, the number of companies using artificial intelligence is limited compared to other European Union countries, according to figures released on Wednesday by national statistics bureau ISTAT. In its wide-ranging annual report, ISTAT said that only eight out of 100 Italian enterprises were using AI last year, a lower percentage than the figure for France and Spain, and well below the level of almost 20% in Germany. In general, digital know-how in Italy falls short of European targets, ISTAT said. Only 45.8% of Italians aged 16-74 had at least basic digital…

(Reuters) -Dell Technologies (DELL) on Monday unveiled new servers powered by Nvidia’s (NVDA) Blackwell Ultra chips, aiming to capitalize on the booming demand for artificial intelligence systems. The servers, available in both air-cooled and liquid-cooled variations, support up to 192 Nvidia Blackwell Ultra chips but can be customized to include as many as 256 chips. These servers can train AI models up to four times faster than previous models, Dell said. The pricing of these products will be “competitive,” Arthur Lewis, President of Dell’s Infrastructure Solutions Group, told Reuters, adding that “there’s a lot of interest on what’s next.” Dell…

By Stephen Nellis and Max A. Cherney SAN FRANCISCO/TAIPEI (Reuters) -Nvidia announced a new software platform on Monday that will create a marketplace for cloud-based artificial intelligence chips. Nvidia’s graphics processors, or GPUs, dominate the market for training AI models and a raft of new cloud players called “neoclouds” such as CoreWeave and Nebius Group have emerged to specialize in renting out Nvidia’s chips to software developers. The Santa Clara, California-based company announced the new tool called Lepton that lets cloud computing companies sell GPU capacity in one spot. In addition to CoreWeave and Nebius, other firms joining the Lepton…

TAIPEI (Reuters) -Wherever AI darling Nvidia’s (NVDA) CEO Jensen Huang goes in Taiwan, his adoring fans and excited reporters follow, hanging on his every word, arms outstretched as they beseech him to sign books, posters and even baseballs. Huang, born in Taiwan’s historic capital of Tainan before migrating to the United States when he was nine, is visiting Taipei this week for the annual Computex trade show, and his every move has been watched since his private jet touched down on Friday afternoon. Nvidia’s Huang sparks ‘Jensanity’ in Taiwan with AI hero’s welcome “Jensen I love you!” one woman shouted…

By Max A. Cherney TAIPEI (Reuters) -Nvidia (NVDA) chief executive Jensen Huang is set to open the Computex trade show in Taiwan on Monday, where he is expected to discuss the company’s advancements in artificial intelligence server systems, cloud computing products and robotics. Huang’s 90-minute presentation will start at 11:00 a.m. (0300 GMT) at the Taipei Music Hall. Once primarily focused on the PC industry, the Santa Clara, California-based company has used its presence at Computex to launch new graphics cards for video games. Earlier this year, Nvidia unveiled a new line of graphics chips at the CES show in…

By Federico Maccioni, Manya Saini and Yousef Saba DUBAI (Reuters) -The United Arab Emirates and the United States have signed an agreement for the Gulf country to build the largest artificial intelligence campus outside the United States, a type of deal that previously faced restrictions over Washington’s concerns that China could access the technology. The countries did not say which AI chips from Nvidia or other companies could be included in UAE data centres, but sources had said a deal would give the Gulf country expanded access to advanced AI chips. Nvidia Chief Executive Jensen Huang was seen in televised…

By Echo Wang NEW YORK (Reuters) -AI startup Cohere has doubled its annualized revenue since the beginning of the year, driven by growing demand for secure, customized AI tools among enterprise clients in regulated sectors, the company told Reuters. The company has crossed an annualized revenue of $100 million as of May 2025, according to one person familiar with the matter. A Cohere spokesperson declined to comment on the financials. The growth followed a strategic shift in the third quarter of 2024 with a focus on private deployments tailored for customers in sectors such as finance, healthcare and government. Chief…

By Wen-Yee Lee TAIPEI (Reuters) – At Taiwan’s annual Computex trade show next week, the spotlight is expected to fall, once again, on Nvidia CEO Jensen Huang and the latest in artificial intelligence, but also on the potential destablising impact of higher U.S. tariffs. Huang, who last year sparked “Jensanity” from avid fans at the fair, Qualcomm CEO Cristiano Amon and Foxconn Chairman Young Liu will be among top executives attending. Computex, which runs May 20-23 and is expected to have 1,400 exhibitors, marks the first major gathering of computer and chip bosses in Asia since U.S. President Donald Trump…

(Reuters) – Advanced Micro Devices on Wednesday announced a new $6 billion stock buyback plan, joining a string of chipmakers that are looking to reduce their float as the AI trade that has powered their shares shows some signs of slowing. Shares of the Santa Clara, California-based company rose as much as 6.4%. Its shares have fallen more than 6% so far this year, compared with a less than 1% drop for the benchmark Philadelphia Semiconductor Index. The buyback, which boosts its total repurchase authority to about $10 billion, comes just a day after AMD announced a deal with Humain,…