Cloud providers are chasing after AI unicorns, and the latest is Fei-Fei Li’s World Labs. The startup just tapped Google Cloud as its primary compute provider to train AI models, a deal that could be worth hundreds of millions of dollars. But Li’s tenure as chief scientist of AI at Google Cloud wasn’t a factor, […]
TensorWave thinks it can break Nvidia’s grip on AI compute with an AMD-powered cloud
Chipmaker Nvidia notched $ 30 billion in revenue last fiscal quarter, driven in large part by the AI industry’s insatiable demand for GPUs. GPUs are essential for training and running AI models; they contain thousands of cores that work in parallel to quickly perform the linear algebra equations scaffolding the models. The appetite for AI […]
From Yandex’s ashes comes Nebius, a ‘startup’ with plans to be a European AI compute leader
When is a startup not a startup? When it’s a public company with 1,300 employees and $ 2.5 billion in capital. If that failed to conjure so much as a smile, that’s because it’s not a joke — it’s very much the reality for Nebius, a fledgling AI infrastructure business that has emerged from the […]
French startup FlexAI exits stealth with $30M to ease access to AI compute
A French startup has raised a hefty seed investment to “rearchitect compute infrastructure” for developers wanting to build and train AI applications more efficiently. FlexAI, as the company is called, has been operating in stealth since October 2023, but the Paris-based company is formally launching Wednesday with €28.5 million ($ 30 million) in funding, while […]