Nvidia CEO Jensen Huang appears to have struck a deal with the Trump administration to avoid export restrictions on the company’s H20 AI chips. The H20, the most advanced Nvidia-produced AI chip that can still be exported from the U.S. to China, was reportedly spared thanks to a promise from Huang to invest in new…
Category: AI hardware
AI, AI hardware, ai infrastructure, Enterprise, Global Security News, Hardware, IBM, mainframe
IBM releases a new mainframe built for the age of AI
IBM is releasing the latest version of its mainframe hardware that includes new updates meant to accelerate AI adoption. The hardware and consulting company on Monday announced IBM z17, the latest version of its mainframe computer hardware. This fully encrypted mainframe is powered by an IBM Telum II processor and is designed for more than…
AI, AI hardware, Fundraising, Global Security News, jony ive, openai, sam altman
OpenAI reportedly mulls buying Jony Ive and Sam Altman’s AI hardware startup
OpenAI is said to have discussed acquiring the AI hardware startup that former Apple design lead Jony Ive is building with OpenAI CEO Sam Altman. According to The Information, OpenAI could pay around $500 million for the fledgling company, called io Products. Ive, who left Apple in 2019 to start his own design firm called…
AI, AI GPUs, AI hardware, Enterprise, Fundraising, Global Security News, Startups
Parasail says its fleet of on-demand GPUs is larger than Oracle’s entire cloud
Cloud infrastructure is dominated by several large industry players: AWS, Microsoft’s Azure, and Google Cloud. While to some it may look like AI is headed in a similar direction, the founders of Parasail think AI infrastructure will look very different — and are betting their company’s fate on it. Parasail works with dozens of providers to…
AI, AI hardware, Artificial Intelligence, chips, deepseek, Enterprise, Global IT News, Global Security News, nvidia
Nvidia drops $600B off its market cap amid the rise of DeepSeek
DeepSeek, a Chinese AI startup, became the talk of the proverbial AI town when it released its R1 model on Friday. R1’s functionality and accuracy compared to its U.S. counterparts, despite using fewer resources and less compute power, seems like a win for the overall AI industry. But it isn’t necessarily good news for everyone.…