UK Government Cancels £1.3 Billion AI Infrastructure Projects
The UK cancels £1.3 billion in AI projects, sparking industry concern over future tech investment and economic stability.
ByteDance and Broadcom Collaborate on Advanced 5nm AI Chip
ByteDance partners with Broadcom to develop a 5nm AI chip, manufactured by TSMC, enhancing its AI capabilities amid U.S.-China tensions.
Oracle Shares Surge 13% on Strong Q4 and AI Cloud Deals
Oracle's stock soared 13% after announcing strong Q4 results and major cloud deals with Microsoft-backed OpenAI and Google.
Mistral AI Raises €600M to Challenge U.S. AI Giants
Mistral AI raised €600 million, valuing the French startup at €5.8 billion, aiming to challenge U.S. AI giants like OpenAI.
