Amkor Technology said on Thursday it had entered a multi-year agreement with Nvidia worth $1.5 billion to expand advanced semiconductor packaging and test capacity in the US, as the chip industry races to build out AI infrastructure. Shares of the semiconductor packaging company jumped 17% in extended trading. Here are a few details on the … Read more
OpenAI has promoted Indian-origin technology leader Uday Ruddarraju as its new Chief Technology Officer (CTO) of Compute. Announcing the update on LinkedIn, Ruddarraju said his first year at OpenAI has been a highly rewarding experience. He also highlighted OpenAI’s future plans to build one of the world’s largest computing infrastructures. “We’re on a mission to … Read more
India’s digital public infrastructure transformed services like payments and identity. The next step, the article argues, is to build similar shared infrastructure for artificial intelligence. Trusted data, interoperable platforms, governance, and AI-ready talent could help India move beyond AI pilots and unlock more than $500 billion in economic value by 2030. India’s AI conversation is … Read more
Chinese AI startup Z.ai said on Thursday (June 25) that it plans to use proceeds from a domestic listing to fund its pursuit of artificial general intelligence (AGI), after its latest model scored close to leading US models from Anthropic and OpenAI on public benchmarks. Z.ai’s flagship GLM-5.2 model, released a day after Anthropic disabled … Read more
Vamsi Boppana, AMD’s Senior Vice President of Artificial Intelligence, described the current AI wave as “a once in multi-generational opportunity”, driven by what he believes is a fundamental change in the way computing works. According to Boppana, the traditional model of computing that has dominated for decades is giving way to a new era of … Read more
SpaceX’s long-term growth opportunity extends far beyond today’s artificial intelligence applications, with humanoid robots and fully autonomous vehicles likely to drive demand for computing power and communications on a massive scale, President and Chief Operating Officer Gwynne Shotwell said on Friday. Speaking exclusively to CNBC following the company’s market debut, Shotwell outlined how emerging AI-powered … Read more
US-based chipmaker Nvidia is partnering with South Korea’s LG Group on humanoid robots and next-generation data centers, CEO Jensen Huang said on Monday after meeting LG Group Chairman Koo Kwang-mo in Seoul. “We are working with them in motor technology as well as mechanical systems so that we can bring together humanoid robotics and the … Read more
Former Indian Navy officer Shayak Mazumder believes India’s AI opportunity extends beyond using AI tools to building the platforms behind them. Through Adya, he is creating a marketplace where developers can build, distribute and monetize AI applications. “AI is like a magic pill. You have it, I don’t. You will shoot ahead, and I will … Read more
Navi Mumbai-based global IT solutions provider Black Box is aiming for strong revenue expansion in FY27, while also improving profitability. Sanjeev Verma, Executive Director and CEO of Black Box expects revenue growth could touch 20% in FY27, while margins remain around 10%. Verma said, “If we look at the order book at this time, coming … Read more
US power companies NextEra Energy (NEE.N) and Dominion Energy (DN) announced a plan to merge on Monday in a $66.8 billion deal that will form one of the world’s largest electric utilities during an expansion of energy-intensive data centers to support artificial intelligence. The all-stock transaction, which is pending regulatory approvals, is one of the … Read more
