Tag: Investment
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Lenovo’s AI infrastructure business generates over $2 billion annual revenue globally
Lenovo has announced plans to invest an additional $1 billion in AI over the next three years and has surpassed $2 billion in annual revenue. The Lenovo AI Innovator Program has collaborated with 45 ISVs to develop over 150 advanced AI solutions.
AI Stock Could Surge 58%, According to Wall Street, Making Up for Missed Nvidia Opportunity
Missed out on Nvidia's surge? SoundHound AI is a potential investment opportunity with 70% YTD growth and 58% more expected. This conversational voice AI platform has high-profile customers like Netflix and Mercedes-Benz, but faces risks of competition and lacking profit. Wall Street's positive outlook makes it worth considering in the AI market.
Investor Interest in AI Startups Surges with ChatGPT Launch: 20 Pitch Decks Used by European AI Founders to Impress VCs
Investment in AI startups hits historic levels, with $113.3 billion invested in 2021. Discover the top pitch decks used by European founders to woo venture capitalists. From health to property, find out which startups are securing funding.
TSMC invests almost $100 million in three US chip startups
TSMC invests $100m in three US chip startups: SiMa.ai, Ayar Labs, and Ethernovia. The move is part of TSMC's effort to remain competitive in the changing semiconductor industry.
Micron to Invest $603M in Chip Packaging Facility Despite China’s Ban on Products
Micron Technology to invest $603 million in a new chip packaging facility in Xian, China to expand production capacity for DRAM and NAND flash chips. Despite China's ban on Micron's products, the company is optimistic about long-term growth opportunities in the largest market for semiconductors. Alphabet, Google's parent company, reminds employees about data protection in the AI market amid increased competition and the importance of prioritizing user privacy.