When Chinese artificial intelligence start-up DeepSeek unveiled an updated foundational model late in August, investors in Nvidia were stunned. Shares of the US chip giant slid, as market watchers grappled with news that the two-year-old start-up, which has developed models rivalling the world’s best, was shifting towards supporting domestically produced chips. Adding to their concerns,…
Elon Musk’s artificial intelligence company, xAI, has laid off around 500 employees from its data annotation team, according to a report by Business Insider. The move, communicated late on Friday evening, affects workers who were responsible for training the company’s generative AI chatbot, Grok. xAI lays off 500 data annotation staff As per the report,…
Huawei Technologies has launched new memory products that can improve the efficiency of artificial intelligence (AI) computing, in the company’s latest effort to double down on its hardware business. The three “AI solid-state drive (SSD)” products – OceanDisk EX 560, OceanDisk SP 560 and OceanDisk LC 560 – are aimed at solving bottlenecks faced by…