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AMD launches new AI chip rivaling Nvidia

AMD's CEO believes that the chipmaker has closed the performance gap between Nvidia and its market-leading artificial Intelligence processors. The company unveiled new products aimed at a market valued at hundreds of billions. The…

Matt Brittin resigns as Google Europe boss

Google's UK and Europe boss is retiring after nearly two decades in which he guided the internet giant to a $2 trillion market valuation. Matt Brittin will depart in the New Year as the industry shifts focus to artificial-intelligence…

SoftBank invests $500mn in OpenAI

SoftBank, owned by Masayoshi Son, will invest $500mn in OpenAI. The investment is part of an upcoming fundraising round which should close this week. SoftBank is investing via its second Vision Fund. This large vehicle to support start-ups…

Google DeepMind releases AI model of living cells

Google DeepMind unveiled a model of artificial intelligence that explains the interactions of cells and life's building block. This will help unlock disease secrets and develop treatments for cancer and other diseases. AlphaFold 3 is the…