Tech
tech
Jon Keegan

Nvidia teaming up with Taiwan to build its own AI supercomputer

Speaking at the Computex conference in Taipei, Taiwan, Nvidia CEO Jensen Huang announced that the company is partnering with two of Taiwan’s biggest tech companies — TSMC and Foxconn — to build Taiwan’s first AI supercomputer.

Nvidia has been helping dozens of countries build their own “sovereign AI,” which is becoming an increasingly important national asset as the technology is adopted for commerce, research, and defense.

The Taiwanese supercomputer will use 10,000 of Nvidia’s latest Blackwell GPUs, which will be housed at the Taiwan National Science and Technology Council.

Just last week, Huang was in Saudi Arabia announcing a partnership with Humain, an AI company owned by the Saudi Arabia Public Investment Fund, to build sovereign AI for the country.

Nvidia has a close relationship with Taiwan. Huang was born in the country, and it is considered the global center for advanced semiconductor manufacturing.

Nvidia has been helping dozens of countries build their own “sovereign AI,” which is becoming an increasingly important national asset as the technology is adopted for commerce, research, and defense.

The Taiwanese supercomputer will use 10,000 of Nvidia’s latest Blackwell GPUs, which will be housed at the Taiwan National Science and Technology Council.

Just last week, Huang was in Saudi Arabia announcing a partnership with Humain, an AI company owned by the Saudi Arabia Public Investment Fund, to build sovereign AI for the country.

Nvidia has a close relationship with Taiwan. Huang was born in the country, and it is considered the global center for advanced semiconductor manufacturing.

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Amazon closes at all-time high

Fresh off strong earnings Thursday, Amazon saw its stock price end the week at a record closing high of $244.22.

The stock is up 10% so far this year.

The e-commerce and cloud giant beat analysts’ revenue and earnings, and its massive gain was responsible for more than all of the positive return delivered by the SPDR S&P 500 ETF on Friday.

tech
Rani Molla

Google uses an AI-generated ad to sell AI search

Google is using AI video to tell consumers about its AI search tools, with a Veo 3-generated advertisement that will begin airing on TV today. In it, a cartoonish turkey uses Google’s AI Mode to plan a vacation from its farm before it’s eaten for Thanksgiving.

Like other AI ad campaigns that have opted to depict yetis or famous artworks rather than humans, Google chose a turkey as its protagonist to avoid the uncanny valley pitfall that happens when AI is used to generate human likenesses.

Google’s in-house marketing group, Google Creative Lab, developed the idea for the ad — not Google’s AI — but chose not to prominently label the ad as AI, telling The Wall Street Journal that consumers don’t actually care how the ad was made.

Google’s in-house marketing group, Google Creative Lab, developed the idea for the ad — not Google’s AI — but chose not to prominently label the ad as AI, telling The Wall Street Journal that consumers don’t actually care how the ad was made.

tech
Rani Molla

Amazon, Alphabet, Meta, and Microsoft combined spent nearly $100 billion on capex last quarter

The numbers are in and tech giants Amazon, Alphabet, Meta, and Microsoft spent a whopping $97 billion last quarter on purchases of property and equipment. That’s nearly double what it was a year earlier as AI infrastructure costs continue to balloon and show no sign of stopping. Amazon, which reported earnings and capital expenditure spending that beat analysts’ expectations yesterday, continued to lead the pack, spending more than $35 billion on capex in the quarter that ended in September.

Note that the data we’re using here is from FactSet, which strips out finance leases when calculating capital expenditures. If those expenses were included the total would be well over $100 billion last quarter.

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