MGX Closes $49 Billion AI Fund Above Target as Abu Dhabi Doubles Down on AI Infrastructure
MGX has closed a $49 billion AI fund above its target, making Abu Dhabi one of the largest financiers of OpenAI, Anthropic, and the AI infrastructure stack.
Nvidia
Why Wall Street Thinks US Memory Maker Micron Is the Next Nvidia
Micron printed a 4x revenue quarter on AI memory demand. Wall Street is calling it the next Nvidia as RAMageddon runs into 2027.
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Europe Unveils 35 New NVIDIA AI Supercomputers in Largest Continental AI Buildout
NVIDIA and a coalition of European research institutions announced the deployment of 35 new AI supercomputers across the continent, the largest coordinated AI infrastructure buildout ever undertaken outside the United States and China. The announcement positions Europe as a credible third pole in the global AI compute race and signals a significant shift in how
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OpenAI’s First Custom AI Chip ‘Jalapeño’ Puts Nvidia on Notice in the AI Hardware Race
OpenAI has built its first custom AI training chip, codenamed Jalapeño, and the move puts the company on a collision course with Nvidia, the dominant supplier of the silicon that has powered the generative AI boom. The development, reported by the Times of India on June 24, marks the moment OpenAI joins a small but
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Dell Technologies Unveils AI Factory with Nvidia at Annual Conference, Promising 87% Cost Savings
Dell Technologies has unveiled its latest AI Factory platform featuring Nvidia technology at its annual conference, positioning the solution as the first comprehensive end-to-end enterprise AI platform scaling from desktop to data center environments. The announcement represents Dell most ambitious push into AI infrastructure, addressing what the company identifies as critical needs for businesses seeking