News

Amazon Acquires $84.4 Million Stake In AMD Amid AI Chip Expansion, Export Controls
Amazon.com Inc. (NASDAQ:AMZN) has purchased 822,234 shares of Advanced Micro Devices Inc. (NASDAQ:AMD) worth $84.4 million, ...
Amazon is working on a secret project called 'Kiro,' a new tool that uses AI agents to streamline software coding
Amazon's AI coding assistant 'Kiro' is designed to use AI agents and a multi-modal interface to streamline software ...
Trump’s Mideast visit opens floodgate of AI deals led by Nvidia
Under agreements with the US expected to be unveiled in coming days, Saudi Arabia and the UAE are poised to win wider access ...
TensorWave raises $100M to build out AI training cluster data center with 8,000+ AMD GPUs
TensorWave Inc., a graphics processing unit cloud platform for artificial intelligence that’s focused on offering an ...
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Saudi Arabia's $600 Billion Investment Extravaganza in the U.S.
During his Gulf tour, U.S. President Donald Trump secured a $600 billion investment commitment from Saudi Arabia to boost the ...
Nvidia’s huge deal with AI startup Humain puts Saudi Arabia at ‘the front of the line’ of global chip customers, Dan Ives says
As the Trump administration prioritizes partnerships with the Mideast, China emerges as the ‘big loser,’ the Wedbush analyst ...