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The global AI frenzy continues to soar, with tech giants making massive investments in AI hardware infrastructure and AI application models. Recently, Alibaba announced a RMB 380 billion (approximately $53 billion) investment in cloud and AI hardware infrastructure, while Elon Musk’s xAI is pla...
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According to a report from Business Korea, Samsung SDI announced on the 25th that it has entered into a partnership with Hyundai Motor Company and Kia Corporation to develop advanced batteries tailored for robotic applications. As highlighted in the report, the companies have signed a memorandum ...
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The AI frenzy is not over yet, as U.S. chip giant NVIDIA beats Q4 estimates and gives a strong outlook for the current quarter. The company forecasts Q1 sales to hit $43 billion, up 65% YoY. As highlighted by Reuters, this signals strong AI demand from Microsoft, Amazon, and other tech giants, easin...
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Although there were previous concerns that DeepSeek might slow down the AI chip market, according to Reuters, Chinese companies are ramping up orders for NVIDIA’s H20 AI chips due to the growing demand for DeepSeek’s low-cost AI models. The report, citing sources, highlights that in response ...
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Has the AI boom turned into a bubble? According to Bloomberg, Microsoft, as OpenAI’s biggest backer, has started canceling or not renewing a large number of data center lease agreements in the U.S., which raises concerns over Microsoft’s potential over-investment in AI computing power. Bloomb...