Sam Altman, CEO of OpenAI, backed by Microsoft (MSFT, Financials), is pursuing a $150 million funding round for Rain AI, a semiconductor startup aiming to compete with Nvidia (NVDA, Financials), the New York Post reported, citing a source… Article Source https://finance.yahoo.com/news/altman-raises-funds-rain-ai-191128862.html
After Nutanix CEO Rajiv Ramaswami was “approached” about a role with a competitor, the Nutanix board responded with an “off-cycle” stock award worth nearly $50 million, citing “immediate retention concerns,” according to a… Article Source https://www.crn.com/news/data-center/2024/nutanix-ceo-pay-package-jumps-to-51m-after-being-approached-by-rival
Google is working on a multi-year project to fully migrate Chrome OS to Android as part of an effort to better compete with Apple’s iPad, according to a new report from Android Authority citing an internal source at the company. The initiative… Article Source https://www.macrumors.com/2024/11/19/google-merging-chrome-os-android-rival-ipad/
Sweeping layoff by Nvidia rival AMD includes dozens at Bay Area headquarters SFGATE Article Source https://www.sfgate.com/tech/article/advanced-micro-devices-layoffs-california-19916905.php
However, on a deeper look, the Q3 results showed both strengths and challenges: while total revenue rose by 18% to $6.8 billion, gaming chip revenue plummeted 69% year-over-year, and embedded chip sales dropped 25%. In its recent earnings… Article Source https://www.networkworld.com/article/3605016/amd-to-cut-4-of-workforce-to-prioritize-ai-chip-expansion-to-rival-nvidia.html
Nvidia APU rumored to equal RTX 4070 laptop GPU in performance Laptops are already being made with the APU, including from Alienware The Arm-based APU could outgun AMD’s Strix Halo by miles for efficiency Nvidia’s apparent plan to make an… Article Source https://www.techradar.com/computing/cpu/nvidias-rumored-cpu-could-pack-integrated-gpu-to-rival-rtx-4070-mobile-should-amd-and-intel-start-to-worry-now
Amazon Set To Introduce New AI Chips In December To Rival Jensen Huang’s AI Stalwart: ‘We Want To Be Absolutely The Best Place To Run Nvidia’ Amazon.com Inc. (NASDAQ:AMZN) is preparing to introduce its newest artificial intelligence… Article Source https://finance.yahoo.com/news/amazon-set-introduce-ai-chips-163216196.html
Amazon Is Working On its Own AI Chips to Rival Nvidia (NASDAQ:NVDA) TipRanks Article Source https://www.tipranks.com/news/amazon-is-working-on-its-own-ai-chips-to-rival-nvidia-nasdaqnvda
Amazon.com Inc. AMZN is preparing to introduce its newest artificial intelligence chips in December. His strategic move aims to leverage Amazon’s significant investments in semiconductors and reduce reliance on Jensen Huang’s Nvidia Corp.
Amazon steps up effort to build AI chips that can rival Nvidia Financial Times Article Source https://www.ft.com/content/3d9b5c6d-f1ae-4f6f-adc3-51e5f1dfb008