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Moment Energy raises $40M to turn used EV batteries into power for AI data centers

The rush to build AI is starting to hit a physical limit. It is not chips or models this time. It is electricity. Across the U.S. and Canada, data centers are drawing more power than grids were built to handle. New […]

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Peter Thiel-backed Panthalassa raises $140M to build wave-powered floating AI data centers

The race to build bigger AI models is running into a hard limit: power. A single training run can burn through as much electricity as thousands of homes, and new data centers are getting stuck in years-long queues for grid […]

The post Peter Thiel-backed Panthalassa raises $140M to build wave-powered floating AI data centers first appeared on Tech Startups.

AI chip startup Cerebras targets $3.5B IPO on Nasdaq as AI race heats up, eyes $26.6B valuation

Cerebras is aiming to raise up to $3.5 billion in a Nasdaq listing, according to an updated prospectus filed Monday—a move first reported by CNBC. The company plans to sell 28 million shares priced between $115 and $125. At the […]

The post AI chip startup Cerebras targets $3.5B IPO on Nasdaq as AI race heats up, eyes $26.6B valuation first appeared on Tech Startups.

Thailand Revives Rail Link with Malaysia: A Major Step Toward Enhanced Connectivity and Economic Growth

Read full article: https://www.travelandtourworld.com/news/article/thailand-revives-rail-link-with-malaysia-a-major-step-toward-enhanced-connectivity-and-economic-growth/

Thailand Revives Rail Link with Malaysia: A Major Step Toward Enhanced Connectivity and Economic GrowthThailand’s plan to restore the rail...

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Source: Travel And Tour World

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From Toilets to AI Chips: Toto Joins MSG Maker Ajinomoto as Japan’s Strangest Beneficiaries of the AI Spending Frenzy

From Toilets to AI Chips: Toto Joins MSG Maker Ajinomoto as Japan's Strangest Beneficiaries of the AI Spending Frenzy

Well, isn't that unexpected? A Japanese toilet maker has just announced that it will pivot to AI chips, leading to a 18% stock surge. Ceramics Used For Making Toilets Are Now Going To Power The AI Chip Industry Who would've predicted that a company involved in making toilets and other sanitary equipment would start making AI chips? Well, Toto, A Japanese company, has just announced that and is seeing a boost to its stock. The company leverages ceramics for its current operations, but the same ceramics can be used for making components that are critical to AI infrastructure. As per […]

Read full article at https://wccftech.com/from-toilets-to-ai-chips-toto-joins-msg-maker-ajinomoto-as-japans-strangest-beneficiaries-of-the-ai-spending-frenzy/

Musk v. Altman is just getting started

Elon Musk spent the better part of three days on the witness stand this week in his lawsuit against OpenAI, and it’s already getting messy. Emails, texts, and his own tweets are surfacing in court, and there are plenty more witnesses to come. Musk’s argument against OpenAI? By converting the company to a for-profit model, Sam Altman betrayed the “nonprofit for the […]

Pentagon signs AI deals with OpenAI, Google, Microsoft, and Amazon for classified networks, leaves out Anthropic

The Pentagon is opening its doors wider to artificial intelligence—and closing one, at least for now. On Friday, the Department of Defense said it has reached agreements with a group of major AI providers to bring their tools into its […]

The post Pentagon signs AI deals with OpenAI, Google, Microsoft, and Amazon for classified networks, leaves out Anthropic first appeared on Tech Startups.

KKR launches $10B AI infrastructure startup Helix, taps ex-AWS CEO Adam Selipsky to lead

KKR is making a $10 billion bet that the real bottleneck in artificial intelligence isn’t models or chips. It’s everything around them. The private equity giant has launched Helix Digital Infrastructure, a new standalone company built to supply the physical […]

The post KKR launches $10B AI infrastructure startup Helix, taps ex-AWS CEO Adam Selipsky to lead first appeared on Tech Startups.

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