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Nvidia takes $2 billion stake in Synopsys with expanded computing power partnership

Nvidia CEO Jensen Huang speaks at an event ahead of the COMPUTEX forum, in Taipei, Taiwan, June 2, 2024. Ann Wang | Reuters Nvidia on Monday announced it has purchased $2 billion of Synopsys‘ common stock as part of a strategic partnership to accelerate computing and artificial intelligence engineering solutions. As part of the multiyear … Read more

Jeff Bezos’ New AI Venture Quietly Acquired an Agentic Computing Startup

After The New York Times story was published, Guss, Ozair, and about three dozen other people updated their LinkedIn profiles to list their affiliation with the Bezos venture. Several of those people also work at Foresite Labs. Details about Prometheus remain limited. Its founding date, formal name, and headquarters haven’t been publicly identified. But the … Read more

Hybrid cloud and edge computing in focus as HPE gears up for Q4 FY25 earnings

Hewlett Packard Enterprise (NYSE: HPE), a leading provider of enterprise-grade compute servers and networking equipment, is set to release its latest quarterly results. Investors are closely following the event for updates on the company’s performance across key areas such as hybrid cloud solutions and edge computing. In addition, the update is expected to shed light … Read more

OpenAI and Amazon ink $38B cloud computing deal  

OpenAI isn’t done securing the AI infrastructure it needs to rapidly scale agentic workloads. The ChatGPT-maker on Monday said it has reached a deal with Amazon to buy $38 billion in cloud computing services over the next seven years.   OpenAI said it will immediately start using AWS compute, with all capacity targeted to be … Read more

IM Cannabis Blasts Off on Quantum Computing Power Play – Could This Be the Next Big Fusion?

Folks, grab your coffee and buckle up because the market’s serving up a wild one this morning! As of this writing, shares of IM Cannabis Corp. (ticker: IMCC) are exploding higher in pre-market trading, up a whopping 34% to around $2.50. That’s the kind of move that gets your heart racing and has traders buzzing … Read more

Google unveils breakthrough in quantum computing with Quantum Echoes algorithm

Key Takeaways Google’s Quantum Echoes algorithm on the Willow chip achieved a quantum computing breakthrough, outperforming classical supercomputers by 13,000 times. The algorithm enables the study of molecular structures and complex atomic interactions, revealing information beyond traditional NMR methods. Share this article Google’s Quantum AI team says they have achieved huge advancements in quantum computing … Read more

Quantum Computing Will Break Bitcoin in 2 Years

Quantum computing could break Bitcoin’s encryption and send the digital asset to zero far sooner than many people believe, according to Capriole Investments founder Charles Edwards. Speaking at TOKEN2049 earlier this month, Edwards shocked crypto enthusiasts by stating that he believes Bitcoin is under a huge threat from quantum computing, and that developers have a … Read more

Quantum computing threat is already here: Naoris Protocol

David Carvalho, Founder and CEO of Naoris Protocol, explains that state actors are already ready to use quantum computing for attacks. Summary David Carvalho of the Naoris Protocol explains how quantum computing threatens the financial system SEC has recently sounded the alarm on the dangers of this technology State actors are already gathering information that … Read more

Nvidia shares rise after CEO Huang says AI computing demand is up ‘substantially’

Nvidia CEO Jensen Huang said Wednesday that demand is up huge this year as artificial intelligence models develop further from answering simple questions to complex reasoning. “This year, particularly the last six months, demand of computing has gone up substantially,” Huang said on CNBC’s “Squawk Box.” The CEO of the AI chip leader was answering … Read more

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