Enlists

Groq, a competitor of Nvidia, enlists Morgan Stanley to secure $300 million fundraising

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Groq, a competitor of Nvidia, enlists Morgan Stanley to secure 0 million fundraising

Groq, a competitor of Nvidia in the development of specialized server chips and artificial intelligence software, is looking to raise approximately $300 million in funding. The company has enlisted the help of Morgan Stanley with the fundraising process, as reported by sources familiar with the matter. Groq’s focus on developing advanced technologies for AI applications … Read more

VMware enlists Intel, IBM watsonx for private AI initiative

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VMware enlists Intel, IBM watsonx for private AI initiative

VMware has two new corporate partners, in the form of Intel and IBM, for its private AI initiative. The partnerships will provide new architectures for users looking to keep their generative AI training data in-house, as well as new capabilities and features. Private AI, as VMware describes it, is essentially a generative AI framework designed … Read more