Challenge
Samsung and AMD earnings got a boost from the AI boom
Submitted by Priya Khosla on August 1, 2024 - 5:51am
Samsung and AMD both beat Wall Street's expectations as demand for AI chips remains strong.
Nvidia shares soar 13% after Microsoft quells fears that AI buildout is too fast
Submitted by Priya Khosla on August 1, 2024 - 5:38am
Nvidia shares popped 13% after remarks from top customer Microsoft and rival chipmaker AMD signaled there wouldn’t be a slowdown in the multibillion-dollar buildout of AI servers based around GPUs.
AMD sold $1B of Instinct GPUs last quarter, driving triple-digit datacenter growth
Submitted by Priya Khosla on July 31, 2024 - 7:27am
AMD has told investors that its Instinct MI300X GPUs – the chip designer's alternative to Nvidia AI accelerator hardware – landed over $1 billion of datacenter revenues in Q2 this year.
Baidu’s self-reasoning AI: The end of ‘hallucinating’ language models?
Submitted by Priya Khosla on July 31, 2024 - 6:59am
Baidu created a novel “self-reasoning” framework, enabling AI systems to critically evaluate their own knowledge and decision-making processes.