35 stories tagged #GPU

  1. AI Powers $8.5 Billion Loan, Signaling Shift from Crypto Mining Finance
    finance

    AI Powers $8.5 Billion Loan, Signaling Shift from Crypto Mining Finance

    CoreWeave secures massive AI-focused loan, demonstrating a significant financial pivot away from volatile crypto mining models towards stable, compute-driven infrastructure.

    last mo. 1 min read
  2. CoreWeave CEO: GPUs Are Long-Term AI Assets, Not Short-Term Crypto Relics
    tech

    CoreWeave CEO: GPUs Are Long-Term AI Assets, Not Short-Term Crypto Relics

    Michael Intrator of CoreWeave debunks GPU depreciation myths, highlights inference monetization, and explains why AI infrastructure demands long-term investment.

    2mo ago 1 min read
  3. Nvidia Secures Massive AWS AI Chip Deal
    tech

    Nvidia Secures Massive AWS AI Chip Deal

    AWS to deploy 1 million Nvidia GPUs by 2027, deepening AI infrastructure collaboration amid rising inference demand and global supply scrutiny.

    2mo ago 1 min read
  4. Andromeda AI Secures Funding at $1.5B Valuation
    tech

    Andromeda AI Secures Funding at $1.5B Valuation

    Andromeda AI, an on-demand GPU rental platform, raises capital from Paradigm at a $1.5 billion valuation amid surging demand for flexible AI infrastructure.

    2mo ago 1 min read
  5. Diamond Cooling Boosts AI Data Center Efficiency, Tackles Power Limits
    tech

    Diamond Cooling Boosts AI Data Center Efficiency, Tackles Power Limits

    Akash Systems introduces diamond cooling for AI data centers, significantly reducing heat and increasing compute capacity by leveraging synthetic diamonds to manage GPU temperatures.

    3mo ago 2 min read
  6. IREN Boosts AI Capacity by 50% with Nvidia GPUs, Eyes $6 Billion Share Sale
    tech

    IREN Boosts AI Capacity by 50% with Nvidia GPUs, Eyes $6 Billion Share Sale

    Data center operator IREN significantly expands its AI compute fleet with over 50,000 Nvidia GPUs, preparing for a substantial at-the-market share offering to fund growth.

    3mo ago 1 min read
  7. AI Demands Cloud Overhaul, Pushing Limits of Current Infrastructure
    tech

    AI Demands Cloud Overhaul, Pushing Limits of Current Infrastructure

    AI workloads are straining traditional cloud infrastructure, necessitating a fundamental shift in architecture to meet real-time performance demands and ensure true observability.

    3mo ago 1 min read
  8. CoreWeave Stock Dips Amid Mixed AI Infrastructure Results, Plans Massive Spending Hike
    finance

    CoreWeave Stock Dips Amid Mixed AI Infrastructure Results, Plans Massive Spending Hike

    Cloud infrastructure firm CoreWeave sees stock fall on wider losses, but forecasts strong full-year revenue. Company plans significant capital expenditure increase to meet AI demand.

    3mo ago 1 min read