Tag: AI accelerators

South Korea Invests $7 Billion in AI to Compete with US and China

South Korea pledges $7 billion for AI by 2027, targeting 10% of the global AI chip market and aiming to build a 'Korean Nvidia' to rival tech giants.

Amazon Signs $38 Billion OpenAI Deal for Nvidia AI Chips

AWS secures massive 7-year agreement to power OpenAI's AI models with Nvidia processors, expanding beyond Microsoft as cloud provider.

AMD India Teams Now Fully Own Core IP Development, Says Country Head

AMD's India engineering teams contribute to every global product release with complete ownership of core IP across CPUs, GPUs and AI accelerators from Bengaluru hub.

Broadcom Lays Off Employees Days After Major OpenAI Partnership

Chipmaker Broadcom cuts sales and customer roles while expanding AI chip business with $100B+ OpenAI deal and 220% revenue growth.

Oracle to Deploy 50,000 AMD MI450 AI Chips Starting 2026

AMD secures major Oracle deal for 50,000 MI450 AI accelerators deployment beginning 2026, challenging Nvidia's market dominance in AI processors.