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Nvidia and AMD unveil next generation AI chips as competition heats up — CNN

Nvidia and AMD have separately launched the next generation of their artificial intelligence (AI) chips in Taiwan, as a three-way race with Intel heats up, writes Wayne Chang and Laura He. 

Nvidia to acquire Run:ai

Nvidia announced an agreement to acquire Run:ai, a provider of Kubernetes-based workload management and orchestration software.

Akamai launches Nvidia GPU-based cloud service

Akamai has introduced a cloud-based service that utilizes Nvidia RTX 4000 Ada Generation GPUs for video content processing.

Oracle, Nvidia team up to deliver joint sovereign AI offerings

Oracle and Nvidia have announced an expansion of their collaboration to offer sovereign AI solutions to customers worldwide.

Snowflake, Nvidia expand collaboration to accelerate AI application development

Snowflake has inked an expanded partnership with Nvidia, aiming to enhance AI application development for enterprise customers.

Recent posts

Series A

Tembo raises $14M

Cincinnati, Ohio-based Tembo, a Postgres managed service provider, has raised $14 million in a Series A funding round.
Around the web

Raspberry Pi is now a public company — TC

Raspberry Pi priced its IPO on the London Stock Exchange on Tuesday morning at £2.80 per share, valuing it at £542 million, or $690 million at today’s exchange rate, writes Romain Dillet. 
Fundings

AlphaSense raises $650M

AlphaSense, a market intelligence and search platform, has raised $650 million in funding, co-led by Viking Global Investors and BDT & MSD Partners.
Around the web

Elon Musk’s xAI raises $6B to take on OpenAI — VentureBeat

Confirming reports from April, the series B investment comes from the participation of multiple known venture capital firms and investors, including Valor Equity Partners, Vy Capital, Andreessen Horowitz (A16z), Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal and Kingdom Holding, writes Shubham Sharma. 
IT

Capgemini partners with DARPA to explore quantum computing for carbon capture

Capgemini Government Solutions has launched a new initiative with the Defense Advanced Research Projects Agency (DARPA) to investigate quantum computing's potential in carbon capture.