Tag Archives: Internet

Nvidia and Amazon AI supplier Foxconn is investing in Mexico

Photo: Jose Luis Gonzalez (Reuters) For many, hearing the name Foxconn immediately brings to mind iPhone production. It’s true, the Taiwanese company is a major producer of Apple’s smartphones and other products. But it also makes something companies like Nvidia, Amazon, and more are in high demand of: AI-related hardware. And Big Tech companies in the U.S. would like that …

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Amazon has completed its $4 billion investment in AI startup Anthropic

Amazon Web Services CEO Adam Selipsky speaks with Anthropic CEO and co-founder Dario Amodei during AWS re:Invent 2023 on November 28, 2023.Photo: Noah Berger/Getty Images for Amazon Web Services (Getty Images) Amazon completed its largest investment in an outside company ever, as it steps up its efforts in the AI race to compete with rivals including Microsoft. Is Bitcoin a …

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Nvidia partner SK Hynix plans $4 billion investment in Indiana

Workers at a SK Hynix plant on August 25, 2015, in Icheon, South Korea. U.S. efforts to become a dominant force in the chipmaking industry could be propelled by a planned $4 billion advanced chip-packaging facility in Indiana. Is it too late to invest in Nvidia? | Smart Investing SK Hynix, a South Korean semiconductor company, reportedly plans to invest …

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