Helsinki-based Verda, formerly Datacrunch, which aims to become Europe's first AI cloud hyperscaler, raised €100M in debt and equity — The Finnish cloud provider, formerly known as Datacrunch, says its success comes from being vertically integrated — Helsinki-headquartered Verda …
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Meta and Amazon reach a multi-billion, multiyear deal for Meta to rent hundreds of thousands of Amazon's Graviton chips for its AI efforts — Amazon.com Inc. and Meta Platforms Inc. have struck a multibillion-dollar deal for the social-media giant to rent hundreds of thousands of Amazon's general-purpose chips for its AI efforts.
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Meta announces a deal to use “tens of millions” of Amazon's Graviton chips to help deliver its next generation of AI models, amid a shortage of Nvidia chips — Meta on Friday announced a deal to use Amazon-designed chips to help deliver its next generation of AI models.
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Huawei plans to spend up to $11.7B over five years to boost compute for training and testing autonomous cars, with ~$2.64B for autonomous driving R&D in 2026 — Company claims it will outspend all rivals combined to boost computing power, which is essential to enhance advanced driving systems
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Sources: China recently told tech companies, including ByteDance and Moonshot AI, to reject US capital without state approval, after Meta's Manus acquisition — Chinese regulators plan to restrict technology firms including some of the country's highest-profile AI pioneers …
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