AI computing power
Coverage of AI computing power in the Nexus archive.
- Cle Elum passed a data center ban. One might be built there anyway
Cle Elum passed a ban on data centers, but a facility might still be constructed there. Data centers are causing controversy nationwide due to the race to build AI computing power.
- Abu Dhabi lab advances AI search for non-opioid painkillers
Insilico Medicine, a biotech firm, leverages Abu Dhabi's AI computing resources to develop a non-opioid painkiller candidate, its second from the UAE facility. The drug, nearing human trials, could revolutionize pain treatment and is part of Abu Dhabi's broader strategy to attract biotech innovation through investments and infrastructure.
- Chinese Nvidia alternatives project massive sales as AI chip demand surges
Chinese chip designers Moore Threads Technology and Hygon Information Technology, positioned as alternatives to Nvidia, projected double- to triple-digit revenue growth in the first half of the year due to surging domestic demand for AI computing power.
- Meta shares jump 10% after reports company is selling excess AI computing power
Meta shares increased 10% after reports indicated the company plans to sell excess computing power, aiming to recoup investments in AI.
- NVIDIA's RTX Spark is an AI "superchip" that will power Windows laptops and desktops
NVIDIA has introduced the RTX Spark chip for Windows laptops and desktops, which claims to deliver 1 petaflop of AI computing power.
- Allbirds's pivot from footwear to AI sends its shares soaring 600%
Allbirds, a sneaker company, is rebranding as 'NewBird AI' and selling its footwear assets to focus on AI computing power. This strategic shift has led to a 600% increase in its stock price.