In a significant development for the field of artificial intelligence, the University of Massachusetts Amherst has received a substantial grant of $7.9 million from the Northeast Microelectronics Coalition (NEMC) Hub. This funding, which is part of the U.S. CHIPS and Science Act, marks the initial
October 1, 2024The Indian Institute of Science (IISc) has unveiled a groundbreaking neuromorphic computing platform that promises vast improvements in efficiency and performance for artificial intelligence (AI) tasks. This platform, which stores and processes data across 16,500 conductance states within a
September 13, 2024Midjourney, renowned for its advanced AI image-generation tool, has announced its expansion into hardware, inviting job seekers to join its new division. This marks a significant venture led by founder David Holz, who previously served as CTO of Leap Motion and has since onboarded Ahmad Abbas.
September 3, 2024Dell Technologies has recently made significant strides in the tech industry by strategically shifting its focus towards generative AI and machine learning. This pivot has not only aligned Dell with current technology trends but has also resulted in considerable financial gains, particularly in
September 3, 2024The impending launch of SK Telecom's ambitious AI data center in December marks a pivotal shift in South Korea’s technological landscape, forecasting a new era of AI-driven innovation and infrastructure. In collaboration with American GPU cloud provider Lambda, SK Telecom plans to elevate an e
August 21, 2024AMD is making a bold move to close the gap with Nvidia by acquiring ZT Systems, a leading provider of AI and general-purpose compute infrastructure for hyperscale providers, in a deal valued at $4.9 billion. This comprehensive agreement, which includes both cash and stock, signifies AMD’s ambition t
August 20, 2024