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Amazon in talks to invest $10 billion in OpenAI and supply its Trainium chips

Ravi Singh6 hours ago02 mins

Amazon is in discussions with OpenAI to invest $10 billion in the company while supplying more of its AI chips and cloud computing services, according to The Financial Times. The deal would push OpenAI’s valuation over $500 billion but is likely to raise more questions about the company’s circular investment agreements involving chips and data…

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  • Business

What happens to old AI chips? They’re still put to good use and don’t depreciate that fast, analyst says

Ravi Singh2 days ago03 mins

New AI chips seem to hit the market at a quicker pace as tech companies scramble to gain supremacy in the global arms race for computational power. But that begs the question: What happens to all those older-generation chips? The AI stock boom has lost a lot of momentum in recent weeks due, in part,…

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