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AI Infrastructure

Alibaba rolls out AI accelerator for data-center expansion

Alibaba Group is rolling out an AI accelerator that it calls China's most powerful AI chip. The company intends the processor to compete with Nvidia's products and support a large expansion of its data-center capacity over the coming years.
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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.
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AI Infrastructure
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Goldman and Apollo discuss selling portions of SpaceX chip financing

Goldman Sachs and Apollo Global Management are in talks with Wall Street investors to begin selling portions of a roughly $40 billion chip financing deal for SpaceX, Bloomberg reported. The discussions concern portions of the financing rather than a completed sale.

Bloomberg Technology