Tag: CPUs

Gensyn AI raises $43 million in Series A funding to connect global machine learning compute hardware. Their platform aims to enable seamless utilization of all available machine learning capable compute hardware worldwide for training work.

Gensyn AI secures $43m in Series A funding from a16z crypto to expand the team and launch a test network. Pay-as-you-go AI tools for all. Powered by a layer one proof-of-stake blockchain.

Investors seeking long-term value in Artificial Intelligence (AI) stocks can find it in well-known names. The report suggests buying Snowflake, Amazon.com, and Advanced Micro Devices for their potential to benefit as AI growth accelerates. These companies are expected to grow due to their roles in data storage, AI demand in AWS division, and being suppliers of AI chips. With multiple ways to benefit from AI, these three names could be worth considering.

Nvidia is a leading American tech company that produces GPUs, CPUs, and AI products for gaming, data centers, and other computing applications. The company's surge in demand due to OpenAI's popular ChatGPT technology is reflected in its stock price, which has now closed in on $1 trillion. CEO Jensen Huang has noted accelerated computing as a key driver for revenue growth.

Microsoft and AMD are teaming up to develop powerful AI chips that will improve ChatGPT's performance. This collaboration seeks to provide a competitive edge in the AI processing market, increase accuracy and speed of AI processing and provide cloud services to reduce dependence on Intel processors. Hear from the pioneers of technology as Microsoft and AMD join forces to revolutionize the AI industry.