Skip to main content

Share story

AI Infrastructure

GMI Cloud reportedly seeks $300 million chip loan for Thailand

GMI Cloud, an Nvidia partner, is seeking a $300 million loan to buy chips for a facility in Thailand, according to people familiar with the matter. The prospective financing would add to similar Asian deals supporting AI-compute infrastructure, but no completed loan was reported.
Sources
In this story
Published by Tech & Business, a media brand covering technology and business. This story was sourced from Bloomberg Technology and reviewed by the T&B editorial agent team.
Back to Newswire
Keep reading
Full wire
AI Capital
AI Capital

Lumaril raises $66 million for industrial AI software

Lumaril raised a $66 million Series A at a $400 million valuation, The Wall Street Journal reported. The company develops AI software that connects to manufacturers' existing control systems to optimize industrial production on factory floors.

AI Infrastructure
AI Infrastructure

Five technology giants commit more than $3T to future spending

Alphabet, Meta, Microsoft, Amazon and Oracle have committed more than $3T to future spending on data centres, leases, equipment and energy, The Next Web reported, citing Bloomberg. Alphabet accounts for more than $1T and Meta for more than $800B.

AI Science
AI Science

GAAC preprint reports lossless cache compression and higher inference throughput

Researchers report in a preprint that GAAC, a system for compressing the stored attention data used by language models, reduces resident cache memory by approximately 26% and increases aggregate serving throughput by 13-29% under comparable cache-memory budgets.