Microsoft Prepares to Put Gigawatts of Its Chips in Data Centers
Microsoft Corp. is gearing up to install the latest version of its own chips in data centers, with the aim of powering its AI software using mostly homegrown hardware.
Stay updated with the latest developments in Artificial Intelligence
Microsoft Corp. is gearing up to install the latest version of its own chips in data centers, with the aim of powering its AI software using mostly homegrown hardware.
Since the Hugging Face incident, concerns over AI doomsday scenarios has entered the mainstream. But of course, some people have been warning about this for years, long before LLMs or ChatGPT.
Tencent Holdings Ltd. told fixed-income investors Monday that its planned bond offering of about $5 billion will help finance AI-related capital expenditures, people familiar with the matter said, as it doubles down on the sector.
The collapse of Firmus Grid Ltd.’s initial public offering is reverberating through Asia’s booming market for share sales, making investors far pickier about artificial intelligence infrastructure deals that hinge on future earnings.
The head of the International Monetary Fund has warned of the disruptive threat from artificial intelligence to the labor market and taxation, urging policymakers to rethink education and act now to help society adapt.
Mirae Asset's Swarup Mohanty says India is emerging as a compelling non-AI investment hedge globally. He explains how rising capital allocation toward AI-driven productivity could further strengthen India's appeal. He spoke with Menaka Doshi on Bloomberg's Insight with Haslinda Amin.
Institute of International Finance CEO Tim Adams says debt levels in advanced economies will keep rising as governments continue heavy borrowing and the private sector ramps up investment in AI infrastructure.
The world may be overexcited by the potential of artificial intelligence and overlooking its immaturity, tech leaders warned on Monday, arguing that cybersecurity is a bigger near-term issue than AI developing too quickly.
Beijing police opened a criminal investigation into companies affiliated with Chinese wealth management firm CreditEase over suspected illegal financial activities.
Warsaw-listed electronics distributor Asbis Enterprises Plc is prioritizing sales to data centers and artificial intelligence infrastructure projects to sustain its breakneck stock rally.
Adam Rozencwajg, portfolio manager at natural resources firm Goehring and Rozencwajg, joins Merryn Somerset Webb to explain why he thinks the commodity bull market may still be in its early stages.
Maas Group Holdings Ltd. has lost more than A$1 billion ($699 million) in market value as Firmus Grid Ltd.’s initial public offering unraveled, with the shares extending their decline to a fifth day after Jefferies Financial Group Inc. downgraded its rating.
Printed circuit board maker Suzhou Dongshan Precision Manufacturing Co. has started gauging investor interest for a Hong Kong listing that may raise $2 billion to $3 billion, according to people familiar with the matter.
Bain Capital-owned Bridge Data Centres is in talks with banks to more than double the size of an existing loan to about $6.6 billion, people familiar with the matter said, in what would be one of the largest deals for the sector in Asia.
Tyger Cho, Director of Business Development and Financial Services at LG AI Research, discusses the the adoption of artificial intelligence in the financial sector and the company's latest AI tool, which forecasts the short-term performance of Korean equity markets.
Tan Su Shan, CEO at DBS Group, says the market is repricing the risks around investments related to the buildup of artificial intelligence that could lead to more discipline in financing. She speaks with Haidi Stroud-Watts from the DBS Asia Future Forward Conference ion Singapore.
The market is repricing the risks around investments related to the buildup of artificial intelligence that could lead to more discipline in financing, according to DBS Group Holdings Ltd. Chief Executive Officer Tan Su Shan.
Amazon.com Inc. is in negotiations to acquire Decart AI, an artificial intelligence startup, in a deal that could be valued at around $7 billion, the Wall Street Journal reported.
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