Nvidia Plans to Manufacture Some AI Chips in US
Nvidia on Monday, April 14, announced that it has commissioned more than a million square feet of production space to build and test artificial intelligence chips in Arizona and Texas.
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IEA Confirms Energy Use Surge to Meet AI Needs
Global electricity generation required to supply data centres will grow from 460 TWh in 2024 to over 1 000 TWh in 2030 and 1,300 TWh in 2035, by rough IEA estimations.
OpenAI to Phase Out GPT-4 From ChatGPT
OpenAI is soon to retire GPT-4, an artificial intelligence model that was launched more than two years ago, from ChatGPT.
Google to Leverage AI for More Resilient Electric Grids
Google will collaborate with PJM Interconnection and Tapestry to smartly manage and optimise interlinked power generation, making electric grids more reliable and affordable with the help of AI.
Newest Gemini AI Model Focuses on Efficiency
Google is releasing a new artificial intelligence model that is designed to deliver strong performance with a focus on efficiency.
Amazon CEO Says AI Costs to Come Down
Amazon chief executive officer Andy Jassy on Thursday, April 10, released his annual shareholder letter, in which he predicted that rapid advances around artificial intelligence along with increasing competition in the chip market will eventually bring down the costs associated with this cutting-edge technology.
Hong Kong’s Finance Sector Embraces GenAI
The adoption of generative artificial intelligence in Hong Kong’s financial sector is gaining momentum and shows steady signs that the process will continue.
Bank of America to Spend $4 Billion on AI and New Tech Initiatives
Bank of America intends to spend $4 billion on new initiatives, including artificial intelligence, in the current year.
Microsoft AI Chief Sees Advantage in Building Models 3 or 6 Months Behind
Microsoft owns a large number of graphics processing units from Nvidia but does not use these products to develop state-of-the-art artificial intelligence models.
SandboxAQ Raises $450 Million for Quantitative AI Platforms
SandboxAQ raised over $450 million in a Series E funding round to support its development of large quantitative models that will help enterprises use artificial intelligence to solve scientific and quantitative challenges.
Meta Reportedly to Release New AI Model Llama 4 This Month
The media published information according to which Meta Platforms is planning to release the latest version of its large language model in the current month.
ServiceNow to Acquire Logik.ai, Boosting CRM Capabilities
Logik.ai will enhance ServiceNow existing offering with a flexible, AI-powered CPQ platform that streamlines complex sales processes, improves customer experience, and offers smarter, end-to-end transaction management.
Amazon Tests Third-Party Product Discovery Feature
Buy for Me service, which enables customers to buy from other brand retailer websites, is currently in the beta testing stage within the Amazon Shopping app.
Anthropic Unveils New Version of Claude AI Model
Anthropic has presented a new version of its Claude artificial intelligence model, designed for higher education institutions.
Alibaba Reportedly to Release Upgraded Qwen 3 AI Model in April
The media published information according to which Alibaba Group Holding plans to release an upgraded version of its flagship artificial intelligence model called Qwen 3 at the end of the current month.
Arta Finance Unveils Agentic AI for Wealth Management
Arta AI enhances financial decision-making, enabling users to review their portfolios, create investment strategies, analyse stocks, and learn all about wealth management services.
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