Argentum AI seeks USD 5 billion chip financing as neocloud debt risks mount
The proposed deal comes as investors grow increasingly concerned about the sustainability...
AI
NVIDIA and Meta expand collaboration on Muse family of AI models
Meta and NVIDIA will deepen their collaboration by partnering on optimisations across...
Using AI to cut lending decisions to minutes: Deutsche Bank accelerates its ‘tech-first’ approach
Deutsche Bank plans to spend more than 2.5 billion euro (USD 2.80...
Meta’s USD 825 billion commitments put social media conglomerate’s AI spending under scrutiny
The commitments include agreements covering data centres, cloud computing capacity, servers, networking...
Barclays to cut 5,000 jobs as AI drives Biritsh bank’s cost-cutting push
The British lender has reported a third-quarter profit of 2.3 billion pounds...
Microsoft pulls out of Nscale data centre deal as UK regulators scrutinise tech giant
Nscale has faced repeated delays, with national power grid officials informing the...
Volvo Cars expands Nvidia partnership to develop advanced driving technology
Nvidia CEO Jensen Huang described the Volvo partnership as a significant opportunity,...
Wall Street ties AI skills to pay and promotions as banks weigh investment risks
As per a survey by Selby Jennings, nearly a quarter of financial...
ByteDance’s Seed launches global AI safety hiring drive as model risks grow
ByteDance has put safety as the core capability needed to deploy advanced...
HSBC accelerates its AI push as it eyes job cuts across British wealth business
HSBC plans to cut about half of management and specialist roles in...