Author: Advanced AI Bot

By Priyanka G (Reuters) -Marvell Technology forecast second-quarter revenue above Wall Street estimates on Thursday, betting on strong demand for its custom chips powering artificial intelligence workloads in data centers. Demand for custom AI chips continues to fuel growth, while networking chips and electro-optics have also seen robust order momentum. These advancements help hyperscalers seeking to scale their infrastructure to support AI workloads. Marvell said in its post-earnings call that it expects AI tailwinds to remain strong, driven by robust hyperscaler spending, new sovereign data center projects, and the expansion of emerging market players expanding the market, opening up growth…

FRANKFURT (Reuters) -Deutsche Telekom has teamed up with SAP, web hosting firm Ionos and unlisted retailer Schwarz to seek European Union support to build a data processing centre for artificial intelligence in Germany, it said on Tuesday. The European Commission this year unveiled plans to provide $20 billion in funding to construct AI data centres to catch up with the U.S. and China. Newspaper Handelsblatt reported on Tuesday that the consortium is in talks to build one of the five centres, known as AI gigafactories, the EU plans to support. “The window of opportunity to create our own independent infrastructure…

By Aditya Soni (Reuters) – Salesforce said on Tuesday it would buy Informatica for about $8 billion, betting on the data management platform to sharpen its competitive edge in the booming artificial intelligence market. The cloud-software giant is returning to big-ticket M&A after years on the sidelines, driven by scrutiny from activist investors pressing for better profitability. It had last year shelved deal talks with Informatica after the companies failed to agree on deal terms. Buying Informatica, in its biggest deal since its nearly $28 billion acquisition of Slack Technologies in 2021, would help Salesforce expand its data management tools…

By Liam Mo and Fanny Potkin BEIJING/TAIPEI (Reuters) -Nvidia will launch a new artificial intelligence chipset for China at a significantly lower price than its recently restricted H20 model and plans to start mass production as early as June, sources familiar with the matter said. The GPU or graphics processing unit will be part of Nvidia’s latest generation Blackwell-architecture AI processors and is expected to be priced between $6,500 and $8,000, well below the $10,000-$12,000 the H20 sold for, according to two of the sources. The lower price reflects its weaker specifications and simpler manufacturing requirements. It will be based…

(Reuters) -The U.S. Justice Department is probing whether Alphabet’s Google violated antitrust law in its agreement with Character.AI that allows the tech giant to use the AI startup’s technology, Bloomberg Law reported on Thursday. Antitrust enforcers have recently told Google they are examining whether the company structured the agreement with Character.AI to avoid formal government merger scrutiny, the report said, citing people with knowledge of the matter. Google last year signed a licensing deal with Character.AI that granted the search engine giant a non-exclusive license to the chatbot maker’s large language model technology. The company also hired Character.AI co-founders Noam…

(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…