nvidia unveils new tools as google ships new models

Datavault AI has secured $60 million in funding to deploy its quantum-ready graphics processing unit edge network, aiming to capture growing demand for AI infrastructure. The company is building enterprise-grade computing platforms for high-performance data processing and edge GPU deployment.

Digi Power X has signed a $1.1 billion AI data center deal with Cerebras Systems for a 40 MW AI data center campus in Columbiana, Alabama. The campus will be designed for high-density thermal requirements of next-generation AI accelerator hardware.

IREN has agreed to acquire Mirantis for $625 million in IREN ordinary shares. Mirantis provides cloud infrastructure, Kubernetes orchestration, and enterprise support, serving over 1,500 enterprise customers.

Nvidia CEO Jensen Huang believes the US should have a lead in AI technology and that China should not have access to Nvidia's latest AI GPU technology. Huang emphasized the importance of the US having 'the first, the most, and the best' AI hardware.

Google is expanding its AI education initiative with a $10 million investment to equip 4.7 million students, teachers, and workers with AI skills in the Asia-Pacific region. The goal is to empower educators and students to develop critical thinking skills.

Alphabet is selling euro debt to fund AI investments, planning to spend $190 billion on AI this year. PayPal is also investing in AI to speed development and unlock cost savings, expecting AI to yield $1.5 billion in savings over two to three years.

Alvarez & Marsal aims to generate $3.5 billion in AI-related revenue by 2028, expanding its AI capabilities and hiring staff with AI skills.

Key Takeaways

['Datavault AI raises $60 million for AI infrastructure', 'Digi Power X secures $1.1 billion AI data center deal', 'IREN acquires Mirantis for $625 million', 'Nvidia CEO Jensen Huang advocates for US AI hardware leadership', 'Google invests $10 million in AI education initiative', 'Alphabet sells euro debt to fund $190 billion AI investments', 'PayPal expects $1.5 billion in AI-driven cost savings', 'Alvarez & Marsal targets $3.5 billion in AI revenue by 2028', 'Nvidia claims zero market share in China due to US export restrictions', 'Sharon AI CEO presents at investor conferences in Sydney']

Datavault AI raises $60M for AI infrastructure

Datavault AI has priced a $60 million offering of common stock. The funds will be used to deploy its quantum-ready graphics processing unit edge network. The company aims to capture growing demand for AI infrastructure. Datavault AI is building enterprise-grade computing platforms for high-performance data processing and edge GPU deployment.

Sharon AI CEO presents at investor conferences

Sharon AI Co-founder & CEO James Manning will present at two investor conferences in Sydney, Australia. The presentations will discuss the company's AI and data infrastructure business. Manning will highlight Sharon AI's growth prospects and strategy. The conferences will take place on May 7th and May 14th.

Digi Power X secures $1.1B AI data center deal

Digi Power X has signed a $1.1 billion AI data center deal with Cerebras Systems. The deal is for a 40 MW AI data center campus in Columbiana, Alabama. The campus will be designed for high-density thermal requirements of next-generation AI accelerator hardware. Digi Power X will develop and deliver the facility in two phases.

IREN acquires Mirantis for $625M

IREN has agreed to acquire Mirantis for $625 million in IREN ordinary shares. Mirantis provides cloud infrastructure, Kubernetes orchestration, and enterprise support. The acquisition aims to strengthen IREN's AI Cloud delivery capabilities. Mirantis serves over 1,500 enterprise customers.

Nvidia CEO: US should lead in AI hardware

Nvidia CEO Jensen Huang believes the US should have a lead in AI technology. He stated that China should not have access to Nvidia's latest AI GPU technology. Huang emphasized the importance of the US having 'the first, the most, and the best' AI hardware. He made these comments at the Milken Institute Global Conference.

Jensen Huang discusses agentic AI benefits

Jensen Huang, Nvidia CEO, and Bill McDermott, ServiceNow CEO, discussed the benefits of agentic AI. Huang believes agentic AI is fully accretive for software companies. The discussion took place on CNBC's 'Power Lunch'.

Nvidia CEO claims zero market share in China

Nvidia CEO Jensen Huang claims the company now has 'zero percent' market share in China. This is due to US export restrictions on powerful AI chips. Huang believes the US policy has 'largely backfired'. He made these comments recently.

Analyst backs Nvidia's China strategy

Analyst Daniel Newman supports Nvidia's 'pro-national security' strategy for selling older GPUs to China. This approach could protect America's AI edge. Newman agrees with the US government's cautious approach to AI chip exports.

Google expands AI education initiative

Google is expanding its AI education initiative with a $10 million investment. The funds will equip 4.7 million students, teachers, and workers with AI skills in the Asia-Pacific region. The goal is to empower educators and students to develop critical thinking skills.

AI Safety Institute launches independent testing

The AI Safety Institute will conduct independent testing of AI-powered products. The focus is on child safety, with scenarios such as access to explicit content. The institute aims to create standards for safe AI products.

Avarra targets sales win rates with AI training

Avarra offers an AI-driven sales training platform. The platform aims to improve sales win rates and accelerate rep onboarding. Avarra's approach includes simulation-based training and structured talk tracks.

Alphabet debt sale funds AI investments

Alphabet is selling euro debt to fund AI investments. The company plans to spend $190 billion on AI this year. The debt sale is part of Alphabet's strategy to remain competitive in AI.

PayPal pivots to AI for cost savings

PayPal is investing in AI to speed development and unlock cost savings. The company expects AI to yield $1.5 billion in savings over two to three years. PayPal aims to become more technology-driven.

Alvarez & Marsal targets $3.5B in AI revenue

Alvarez & Marsal aims to generate $3.5 billion in AI-related revenue by 2028. The consulting firm is expanding its AI capabilities and hiring staff with AI skills.