OpenAI Chief Financial Officer Sarah Friar said Wednesday (Nov. 5) that the company is working on a multimodal device and that the firm wants a federal guarantee that would lower the cost of financing investments in artificial intelligence chips. Get the Full Story Complete the...
Japanese conglomerate SoftBank is making a $2 billion investment into chipmaker Intel. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...
Oracle will reportedly buy $40 billion worth of Nvidia’s chips to power the first Stargate project, a new data center in Abilene, Texas. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
U.K. chip designer Arm is making an aggressive move into the personal computer (PC) market long dominated by Intel, as the rise of artificial intelligence (AI)-powered personal computing reshapes the industry and opens new opportunities for the company. Get the Full Story Complete the form...
January 27, 2025
Shares of Nvidia, the darling stock of the generative AI boom, are down 15.3% in midday trading on Monday (Jan. 27) as Wall Street grapples with the revelation that it could be overpaying for this emerging technology. Google, Microsoft and Amazon shares are also down. Get the Full Story Complete the form to unlock this […]
July 01, 2024
As tech giants worldwide scramble to dominate the artificial intelligence (AI) chip market, South Korea’s SK Hynix is making a $74.6 billion wager that could redefine the semiconductor industry —...
December 17, 2025
Amazon has formed a new organization that will bring together its artificial intelligence (AI) models, silicon development and quantum computing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this […]
November 05, 2025
OpenAI Chief Financial Officer Sarah Friar said Wednesday (Nov. 5) that the company is working on a multimodal device and that the firm wants a federal guarantee that would lower...
August 19, 2025
Japanese conglomerate SoftBank is making a $2 billion investment into chipmaker Intel. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
May 23, 2025
Oracle will reportedly buy $40 billion worth of Nvidia’s chips to power the first Stargate project, a new data center in Abilene, Texas. Get the Full Story Complete the form to unlock this article...
