Amazon Web Services (AWS) will initially not use new AI chips from AMD in its cloud services. According to Gadi Hutt, Senior Director for Customer and Product Development at Amazon’s chip division Annapurna Labs, the decision is based on customer demand. Currently, there is no significant demand for AMD’s MI300 series, as he mentioned in … Read more
Nvidia has become a key player in the tech industry due to the growing demand for AI technologies. The company’s revenue surged by 94% compared to the previous year, reaching $35.1 billion. The profit also more than doubled to $19.3 billion. However, investors were hoping for an even better forecast for the current quarter, leading … Read more
The AI boom has become a goldmine for the chip company Nvidia, and the business continues to grow. In the last quarter, revenue jumped by 94% compared to the previous year, reaching $35.1 billion. Profit more than doubled to $19.3 billion. However, investors had hoped for an even better forecast for the current quarter, causing … Read more