Artifical Intelligence Archives - Page 2 of 2

Crypto billionaire’s nonprofit buys $500 million of AI data center chips

Post author:AfricaHyperscalersNews
Post published:November 1, 2023
Post category:Artificial intelligence Automation

A nonprofit organization backed by cryptocurrency billionaire and founder of Ripple, Jed McCaleb bought $500 million of Nvidia’s cutting edge chips. The organization, named Voltage Park, is dedicated to providing…

Google increases stake in generative AI startup Anthropic, drops $2b

Post author:AfricaHyperscalersNews
Post published:October 30, 2023
Post category:Artificial intelligence

Google has increased its investment in the generative artificial intelligence company, Anthropic, from its initial 10% stake for $300 million, to $2b to be spread over a period. While the…

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Amazon set to invest $4 Billion in AI startup Anthropic to expand cloud and AI capabilities

Post author:Editor
Post published:September 26, 2023
Post category:News

Amazon is set to invest up to $4 billion in Anthropic, an artificial intelligence startup, as part of its strategy to compete with tech giants like Microsoft, Google, and Nvidia…

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Why data centers in Africa need to invest in infrastructure to meet AI demands

Post author:Editor
Post published:August 31, 2023
Post category:Analysis

Artificial intelligence (AI) is rapidly transforming the world, and data centers are at the heart of this transformation. AI workloads are incredibly compute-intensive, requiring massive amounts of power and cooling.…

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Cloud services market in Africa grows, but AI is still on the horizon

Post author:Editor
Post published:August 31, 2023
Post category:Analysis Cloud

The cloud services market in Africa continued to grow in the second quarter of 2023, albeit at a slower pace than in the previous quarter. This is according to new…