artificial intelligence

Nvidia is reportedly investing up to $1 billion in Poolside 

Semiconductor giant Nvidia is reportedly looking to make a sizable investment in AI software development platform Poolside. Nvidia is looking to invest at least $500 million, and up to $1 billion, in Poolside, which builds AI models for software development, according to reporting from Bloomberg, which cited sources. This investment would be part of a […]

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With an Intel recovery underway, all eyes turn to its foundry business

Intel’s third-quarter earnings beat Wall Street expectations Thursday, results buoyed by a bump in revenue combined with larger cuts, and multiple, sizable investments over the last two months as CEO Lip-Bu Tan looks to turn around the struggling semiconductor giant. Intel’s revenue results and its $4.1 billion in net income provides a far rosier view

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Tensormesh raises $4.5M to squeeze more inference out of AI server loads

With the AI infrastructure push reaching staggering proportions, there’s more pressure than ever to squeeze as much inference as possible out of the GPUs they have. And for researchers with expertise in a particular technique, it’s a great time to raise funding. That’s part of the driving force behind Tensormesh, launching out of stealth this

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Veeam acquires data security company Securiti AI for $1.7bn

Data resiliance company Veeam wants to give its customers more control and security over their data in the age of AI. The Kirkland, Washington-based company announced on Tuesday that it has signed a definitive agreement to acquire Securiti AI, a company that gives enterprises a command center for all of their data. The $1.725 billion

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Coco Robotics taps UCLA professor to lead new physical AI research lab

Coco Robotics, a startup known for its fleet of last-mile delivery bots, is looking to get more information out of the five years’ worth of data its robots have collected. Its answer: a physical AI lab with University of California Los Angeles (UCLA) professor Bolei Zhou at the helm. Coco Robotics, which made the announcement

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Salesforce announces Agentforce 360 as enterprise AI competition heats up

Salesforce announced Monday the latest version of its AI agent platform as the company looks to lure enterprises to its AI software in an increasingly crowded market. The customer relations manager giant unveiled the new platform, branded Agentforce 360, ahead of its annual Dreamforce customer conference that kicks off October 14. This newer version of

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SoftBank bulks up its robotics portfolio with ABB Group’s robotics unit

Japanese investing conglomerate SoftBank Group is buying a robotics company as the financial behemoth says physical AI is its next frontier.   SoftBank announced on Wednesday that it has acquired Zurich, Switzerland-based ABB Group’s robotics business unit for $5.375 billion. The deal is subject to regulatory approval; SoftBank predicts the deal will close in mid-to-late 2026 according to a press release. Sami Atiya, the head of

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