Just prior to the start of the weekend, Elon Musk announced that his artificial intelligence company xAI is acquiring his social media platform X (formerly Twitter) “in an all-stock transaction,” valuing xAI at $80 billion and X at $33 billion ($45 billion less $12 billion in debt). The merger has the potential to create a powerful GenAI-powered content platform. The billionaire purchased Twitter in late 2022 for $44 billion, following months of legal skirmishes. According to Musk, X currently touts more than 600 million active users, while “xAI has rapidly become one of the leading AI labs in the world, building models and data centers at unprecedented speed and scale.” Continue reading Elon Musk Announces xAI Corporation Will Purchase X Social

Google is expanding its AI presence in the UK market, hosting a splashy launch event there for Agentspace. Google in December launched Agentspace, an AI agent hub that makes it easy for enterprises to build, manage and deploy custom agents using Gemini. The gathering was hosted by Google DeepMind CEO Demis Hassabis, and Google Cloud CEO Thomas Kurian and included participation by local customers BT Group and advertising powerhouse WPP. Google invited UK businesses to store cloud data locally using its $1 billion data center, opening there this year. The company also promoted its new Chirp 3 audio generator, which offers HD voice synthesis. Continue reading Google Launches Agentspace in the UK and Promotes Chirp 3

Cerebras Systems was founded 10 years ago on the belief that there would be a shortage of processors powerful enough to drive enterprise AI computing at scale. Its solution, the Cerebras Wafer-Scale Engine, is integrated into Cerebras’ CS-3 systems, which will power six new data centers launching this year that the company says will make it “the world’s number one provider of high-speed inference and the largest domestic high speed inference cloud.” Cerebras notes the new facilities will collectively serve over 40 million Llama 70B tokens per second to clients that now include Hugging Face and financial intelligence firm AlphaSense. Continue reading Cerebras Is Moving into Mainstream with New AI Data Centers

Alphabet asked a question: “Could we harness the speed of light to deliver data without the need for cables?” The answer, compiled over 7 years, is that it can deliver fast, affordable Internet connectivity by transmitting high-speed data using beams of light through the air using the company’s new Taara chip. Whereas the first-generation technology, the Taara Lightbridge, relied on a system of mirrors, sensors and hardware to steer light physically, the Taara chip uses software to steer, track, and correct the beam of light without bulky moving parts — or a fiber optic wire. Continue reading New Alphabet Chip Delivers Internet Through Air Using Light

Apple unveiled a big “made in the USA” initiative, with plans to spend more than $500 billion on U.S. factories over the next four years. The company will upgrade operations in California, Arizona, Nevada, Washington, Oregon, Iowa, Michigan, North Carolina and Texas, adding a new server facility in Houston. The move comes as U.S. international relations enter a period of flux. Apple’s plans include opening “a manufacturing academy” and accelerated investments in educating stateside workers in AI and silicon engineering. “We are bullish on the future of American innovation, and we’re proud to build on our long-standing U.S. investments,” Apple CEO Tim Cook said. Continue reading Apple Will Invest $500B in U.S. Manufacturing and Education

Facebook is downsizing data storage expenditures by deleting old live video feeds. Meta Platforms announced that beginning this week “new live broadcasts can be replayed, downloaded or shared from Facebook Pages or profiles for 30 days, after which they will be automatically removed from Facebook.” Prior to removing the content, users will be notified they have 90 days to download or transfer the material to other storage or convert it to a new reel. Previously, such content was stored indefinitely. Facebook stores more than 100 petabytes of material with an estimated 500 terabytes added each day. Continue reading Facebook’s New Storage Policy Limits Live Video to 30 Days

Amazon is predicting more than $100 billion in capital expenditure for AI in 2025. The majority of that will be invested in the AWS cloud division, according to Amazon President and CEO Andy Jassy, indicating Big Tech is not planning to back down on AI. Amazon’s Q4 profit hit $20 billion, an 88 percent increase over the same period in 2023, and full year profit was $59.2 billion, a 94 percent increase, on revenue of $638 billion, an 11 percent rise. On an earnings call, Jassy said the $26.3 billion in Q4 2024 capex spending “is reasonably representative” of what the company can be expected to spend on an annualized basis this year. Continue reading AWS Cloud Computing Generates Half of Amazon’s Q4 Profits

Most people know Hugging Face as a resource-sharing community, but it also builds open-source applications and tools for machine learning. Its recent release of vision-language models small enough to run on smartphones while outperforming competitors that rely on massive data centers is being hailed as “a remarkable breakthrough in AI.”  The new models — SmolVLM-256M and SmolVLM-500M — are optimized for “constrained devices” with less than around 1GB of RAM, making them ideal for mobile devices including laptops and also convenient for those interested in processing large amounts of data cheaply and with a low-energy footprint. Continue reading Hugging Face Has Developed Tiny Yet Powerful Vision Models

Just weeks after Nvidia announced the availability of its $249 “compact AI supercomputer,” the Jetson Orin Nano Super Developer Kit for startups and hobbyists, CEO Jensen Huang revealed the company is planning to launch a personal AI supercomputer called Project Digits with a starting price of $3,000. The desktop-sized system features the GB10 Grace Blackwell Superchip, which enables it to handle AI models with up to 200 billion parameters. Nvidia claims there is enough processing power to run high-end AI models (performing up to one quadrillion AI calculations per second) while the compact system can run from a standard power outlet. Continue reading CES: Nvidia Will Launch a $3,000 Personal AI Supercomputer

Nvidia founder and CEO Jensen Huang kicked off CES 2025 with a keynote that was filled with new product announcements and visionary demonstrations of how the company plans to advance the field of AI. The first product that Huang unveiled was the GeForce RTX 50 series of consumer graphics processing units (GPUs). The series is also called RTX Blackwell because it is based on Nvidia’s latest Blackwell microarchitecture design for next generation data center and gaming applications. To showcase RTX Blackwell’s prowess, Huang played an impressively photorealistic video sequence of rich imagery under contrasting light ranges — all rendered in real time. Continue reading CES: Nvidia Unveils New GeForce RTX 50, AI Video Rendering

Microsoft anticipates spending $80 billion to construct AI data centers in fiscal 2025, which ends in June. More than half of that investment will fund U.S. infrastructure, according to company Vice Chair and President Brad Smith. The move aims to keep Microsoft, which owns a stake in OpenAI, a leader in artificial intelligence, and bolster the nation’s position in the global AI race, which Smith says it currently leads, “thanks to the investment of private capital and innovations by American companies of all sizes, from dynamic startups to well-established enterprises.” Continue reading Microsoft AI Forecast Includes $80B in Data Center Spending

Nvidia sales were up 94 percent to $35 billion in the most recent quarter when profits more than doubled, to $19.3 billion, telegraphing the strength of the artificial intelligence boom that took the company from the top supplier of graphics boards for gaming PCs to the world’s most valuable public company with a market cap of $3.59 trillion. Nvidia founder and CEO Jensen Huang told analysts that demand for the company’s latest AI chip, Blackwell, has been “incredible,” driving projections of $3.59 trillion in revenue for the current quarter as customers begin to take shipments. Continue reading AI Boom Boosts Nvidia Sales by 94 Percent as Profits Double

Microsoft has two new chips designed for data centers. The Azure Boost DPU is Microsoft’s first data-specific chip, or data processing unit, and is designed to work with high efficiency and low power. Microsoft anticipates DPU-equipped Azure servers will be able to run storage workloads at four times the performance of those currently in place while reducing power consumption by three times. The Azure Integrated Hardware Security Module (HSM) chip allows cryptographic security keys and encryption keys to be contained in secure modules “without compromising performance or increasing latency.” Continue reading Microsoft Debuts Two New Chips Optimized for Data Centers

Amazon reported major revenue and profit increases during its third quarter, beating Wall Street’s forecasts, based largely on the company’s e-commerce sales and increasing demand for its cloud services. Capital expenditure, which reached a record amount following Amazon’s recent investments in artificial intelligence, will maintain its momentum as the company plans $75 billion capex on developing generative AI services over 2024-2025. “The faster we grow demand, the faster we have to invest capital in data centers, network gear and hardware,” explained CEO Andy Jassy. “We invest in all that upfront in advance of when we can monetize it.” Continue reading Amazon Pushes AI, Records Growth in Q3 Revenue and Profit

Accenture is forming an internal Nvidia Business Group staffed with 30,000 global employees trained to help clients “reinvent processes and scale enterprise AI adoption with AI agents,” the consulting firm announced. Accenture will also use its AI Refinery platform to help companies customize AI models and agents using the full Nvidia AI stack including AI Foundry, AI Enterprise and Omniverse. “With generative AI demand driving $3 billion in Accenture bookings in its recently closed fiscal year, the new group will help clients lay the foundation for agentic AI functionality,” Accenture said. Continue reading Accenture Has Plans for Scaling Enterprise AI with Nvidia Unit