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Nvidia CEO Jensen Huang's stunning resignation has sent ripples through the global technology industry, with rival chipmakers itching to take advantage of the uncertainty and others wondering if the downfall of one of AI's biggest cheerleaders will dampen the mood around the civilisation-altering technology. Huang, who stepped down Thursday following reports of extramarital affairs, including with a suspected Chinese spy, was the very public face of a company that dominates the market for computer chips used to train and run AI models. In March, Huang predicted Nvidia will be grappling with a USD 1 trillion backlog in orders for its chips by the end of the year, doubling his estimate from a year earlier. A linchpin of the AI boom, Nvidia trades off with Apple as Wall Street's most valuable company and has invested heavily in other AI firms. Some of Nvidia's biggest rivals, such as Broadcom, Intel and Advanced Micro Devices, saw their shares advance Thursday following Huang's departu
SpaceX has announced plans to invest more than USD 74 billion across two artificial intelligence supercomputing campuses in Texas and Arizona. In a statement issued on Thursday, SpaceX outlined an investment of over USD 24 billion for a supercomputing facility in Texas's Rio Grande Valley and roughly USD 50 billion for a separate campus in Cochise County, Arizona. According to the company, the two projects will rely on distinct power infrastructures. The Starbase facility in South Texas will generate its own electricity without drawing from the public grid, whereas the Arizona campus will collaborate with local electric cooperatives and could scale up to 6 gigawatts at full buildout. The Texas development covers approximately 444 acres between Boca Chica Boulevard and the Port of Brownsville, near Brownsville's landfill. A Starbase public hearing notice identifies Space Exploration Technologies Corp. as the owner and applicant for the gas-fired power plant and supercomputing ...
OpenAI on Thursday announced local processing of artificial intelligence (AI) requests in India for its application programming interface (API), allowing eligible businesses and developers to run supported workloads on its GPT-6 Luna model within the country to help meet data localisation needs. For supported workloads, both the processing of a request and the model computation that generates the response will take place in India, the company said in a statement. Supported customer content will also be stored in the country. "Some Indian businesses have not fully deployed AI for important work because they need the information involved to be processed within the country. Local inference gives them more control over where supported workloads run and helps address a practical barrier to adoption. "It gives more businesses a way to put OpenAI's tools to work, and gives Indian developers and startups more scope to build for their own, and enterprise needs," Nitin Bawankule, Head of ...