Defying US pressure, China ramps up chipmaking machinery imports by 14% in 2023, spends $40b

In a bid to circumvent US-led restrictions on its semiconductor industry, China significantly increased its imports of chipmaking equipment in 2023, spending up to $40 billion, according to a Bloomberg…

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Read more about the article EU to probe Microsoft’s OpenAI investment, examines impact on competition 
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EU to probe Microsoft’s OpenAI investment, examines impact on competition 

The European Union is contemplating a review of Microsoft's investment in OpenAI, the creator of ChatGPT, under the bloc's merger regulations. This consideration follows a similar move by the U.K.…

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Legacy data centers cannot cope with new, power-hungry AI workloads – DataBank CEO

In an exclusive conversation with Africa Hyperscalers, Raul Martynek, CEO of DataBank, the largest data center company in North America, discussed the surging demand for data centers propelled by the…

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DigitalBridge backs Intel-led Enterprise Generative AI platform

Global digital infrastructure investment firm, DigitalBridge has thrown its weight behind Intel's new independent enterprise AI company, Articul8. Articul8 plans to offer customers a full-stack, vertically-optimized, GenAI software platform that…

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New York Times sues OpenAI and Microsoft, seeks billions of dollars in damages

The New York Times has launched a counteroffensive against the emerging threat posed by artificial intelligence to the traditional news industry with a lawsuit targeted against artificial intelligence pioneers, OpenAI,…

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UAE makes space AI play with Yahsat, Bayanat $4b partnership

Abu Dhabi-headquartered satellite operator Yahsat (Al Yah Satellite Communications Company P.J.S.C.) and analytics provider Bayanat (Bayanat AI)  have reached an agreement for an all-share merger, marking a significant development in…

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Nvidia and YTL Power announce $4.3 Billion AI supercomputer in Malaysia

Nvidia and Malaysian conglomerate YTL's power unit (YTLP) are developing $4.3 billion in artificial intelligence cloud and supercomputer infrastructure in Malaysia.  The partnership will develop Malaysia's fastest supercomputers, leveraging Nvidia's…

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