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    Explained: Why is France targeting Nvidia?

    France's antitrust regulator is set to charge Nvidia in relation to alleged anti-competitive practices. The move comes after dawn raids by French authorities in September last year, which sources said targeted Nvidia. The raids were the result of an ongoing probe into the cloud computing industry.

    AI drinks energy up - quantum computing will work to our advantage, but the tech is new

    The rapid advancement of computing over the past 70 years, driven by increases in computing power, has revolutionized various sectors such as banking, communication, healthcare, product design, and warfare. Semiconductor chip technology plays a crucial role in this growth. However, the future of computing faces a significant challenge due to the increasing power needs of AI innovations like ChatGPT. This surge in demand poses a threat to the sustainability of global energy resources and the environment.

    MeitY to kick off Rs 10,000-crore IndiaAI Mission on July 3

    The Ministry of Electronics and Information Technology will launch the IndiaAI Mission with a budget of Rs 10,372 crore and started inviting nominations from top institutes, such as IITs, NITs etc, for students who are undertaking projects in artificial intelligence (AI), according to reports.

    Nvidia loses top spot to Microsoft after 3% drop

    Nvidia, whose market capitalisation surpassed that of Microsoft on Tuesday, was set to lose around $91 billion to its last closing market value of $3.34 trillion, at the current level of $131.88.

    Dell, Super Micro providing server racks for xAI's supercomputer

    Dell is assembling half of the racks for xAI's supercomputer, Musk said on X. In a reply to another post enquiring about the second partner, the billionaire said "SMC" - referring to server maker Super Micro.

    Karnataka IT minister meets Arm Holdings executive at London Tech Week

    Karnataka IT minister Priyank Kharge met with a top executive from semiconductor company Arm Holdings at London Tech Week to discuss the company's plans in the State. They talked about semiconductor manufacturing, the global startup ecosystem, and more.

    • Meta hit with privacy complaints over AI plans

      A Vienna-based privacy group filed complaints against Meta in 11 European countries over unlawful AI data use. Microsoft announced a $3.2 billion AI investment in Sweden over two years, AMD unveiled new AI chips to challenge Nvidia, and Cisco plans a $1 billion investment in AI startups for secure AI services.

      US clears way for antitrust inquiries of Nvidia, Microsoft and OpenAI

      Federal regulators are proceeding with antitrust investigations into Microsoft, OpenAI, and Nvidia in the AI industry. The Justice Department and FTC are leading the investigations, signaling increased scrutiny into AI technology.

      Microsoft to invest $3.2 billion in Swedish cloud, AI

      Microsoft will invest 33.7 billion Swedish crowns ($3.21 billion) to expand its cloud and artificial intelligence infrastructure in Sweden over a two-year period.

      AMD launches new AI chips to take on leader Nvidia

      Advanced Micro Devices unveiled the MI325X accelerator at Computex, aiming to challenge Nvidia with new AI chips by 2026.

      Arm offers new designs, software for AI on smartphones

      Arm Holdings unveiled new chip blueprints and software tools to enhance smartphones for AI tasks, aiming to accelerate adoption with changes in blueprint delivery.

      Nvidia profits soar on demand for AI power

      Nvidia said Wednesday its quarterly net profit rocketed by seven times year-on-year on demand for its chips to power artificial intelligence in data centers. The California-based company reported a net profit of $14.9 billion, while its revenue of $26 billion was almost four times what it took in during the same fiscal quarter last year.

      Telcos need to invest in AI, large apps need to share revenue: COAI

      The telecom industry emphasized that as artificial intelligence (AI) usage grows, network investments will soar. However, large traffic generators enjoying free infrastructure use make operations unfeasible. Telcos demand revenue sharing from such entities, citing global examples. Tech bodies oppose, citing net neutrality violations and cost increases. The industry seeks government intervention for a sustainable future.

      What are GPUs? Why is India scrambling for them?

      Since GPUs are scarce and very expensive, the Indian government has two options: let businesses and industry solve its own GPU problem or spend public money to make GPUs more accessible to startups, research bodies and key industries, just as it has done with the PLI scheme to promote key industries for its Make in India mission.

      HP leans on gaming to expand India sales

      HP prioritizes gaming to drive sales, with AI-enabled laptops leading the charge. The company focuses on the gaming segment, with AI technology enhancing device performance and market share growth among competitors.

      Top companies back move to set up open cloud compute network

      People+ai, an initiative by EkStep Foundation co-founded by Nandan Nilekani, set out last year to address increasing compute demand in the country, which is increasing with AI.

      GPU access to power up India’s AI play: experts

      AI Mission will help startups make in India and for the world, say tech investors. The Rs 10,372-crore Artificial Intelligence (AI) Mission, announced on Thursday, will operate on a public-private partnership model.

      Nvidia stock surges as revenue forecast tops estimates, AI demand continues

      The already-hefty demand for the company's data center chips and graphics processing units (GPUs) continues to grow as firms scramble to expand their AI offerings. Nvidia's silicon dominates the global market for AI chips, where it counts the likes of Microsoft among its customers.

      Nvidia chases $30 billion custom chip market with new unit

      The dominant global designer and supplier of AI chips aims to capture a portion of an exploding market for custom AI chips and to protect itself from the growing number of companies interested in finding alternatives to its products.

      IT ministry to take Rs 10,000 crore plan for supercomputing hubs to Cabinet soon: Rajeev Chandrasekhar

      Existing supercomputers such as PARAM will also be included in this plan to create and augment the artificial intelligence (AI) computing capacity in the country, Chandrasekhar said.

      China lags behind in AI race amid lack of advanced chips, regulations: report

      The arrival of ChatGPT - and a barrage of AL models from US-based tech giants later like Bard, Gemini and LLaMA - forced Chinese tech companies to develop their own large language models (LLMs) but they are lagging behind.

      Will do utmost to prioritise Japan in supplying GPUs: Nvidia CEO Jensen Huang

      Huang told the Japanese PM Fumio Kishida that demand for its GPUs (graphics processing unit) was extremely high but that the company would do its best to prioritise Japan's needs

      Chinese chip design startup Moore Threads valued at $3.4 billion in funding before US curbs

      The US in October added the graphic processing unit designer to a trade blacklist, cutting it off from having its chips manufactured by Taiwan Semiconductor Manufacturing Co or other leading chipmakers that use US equipment.

      Google should bring Tensor chip plant in India in three years: Vaishnaw

      Union Minister Ashwini Vaishnaw has urged Google to start manufacturing its Tensor chipset in India within three years. The minister also suggested that Google bring its premium Pixel Fold devices to India as soon as possible. The Tensor G3 chipset includes the latest generation of CPUs, upgraded GPUs, and next-gen TPUs to support Google's AI models.

      No formal investigation into AI chips, EU antitrust regulators say

      Bloomberg News last week said the EU antitrust watchdog was informally collecting views on potentially abusive practices in the market for graphics process units.

      Nvidia rival Cerebras Systems spots openings in India to expand operations

      Speaking with ET in an exclusive interaction, Andrew Feldman, cofounder and CEO of the firm said India's shortage of data centres to support big fast supercomputers today is "real problem".

      Explainer: Why is France raiding a graphics card company?

      A raid by French authorities of the offices of a technology firm named as Nvidia in media reports is the latest among a string of such actions by European regulators as they look to check the dominance of Big Tech companies from thwarting competition.

      AI chip startup Enfabrica raises $125 million, with backing from Nvidia

      Founded by executives from Broadcom and Alphabet's Google, Enfabrica is part of a broader trend of data centres being completely re-designed to create generative AI technologies similar to ChatGPT.

      Asia shares slip further as China casts a pall, dollar's slide abates

      Investors are waiting for stronger signs of inflation cooling, with the readings on U.S. retail sales and U.S. industrial production to be released later on Tuesday. Economists reckon retail sales in June will show a 0.5% rise from May.

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