Elon Musk is betting that the next phase of his sprawling technology empire will require a building on a scale that has never existed before. SpaceX and Tesla are building Terafab, a 100-million-square-foot semiconductor manufacturing facility in Grimes County, Texas, more than five times the size of the world’s largest building. “Terafab Texas will be the
General Compute, an AI inference cloud startup, secured a $400 million loan from Upper90, a technology investment firm. It could be the first deal to offer inference-specific chips as collateral: chips built to run already trained AI models quickly and efficiently, rather than the more expensive chips used to build the models in the first
In a recent interview, Instagram head Adam Mosseri said he can see a time in the future, perhaps just a year or two, when it will be necessary to put limits on Meta employees’ spending of AI tokens. “I think you can imagine, at least in a year or two… that a strong engineer’s burn
In a bid to reduce its GPU costs amid an unprecedented component shortage, Meta is on track to begin manufacturing the latest versions of its AI-specific chip in September, Reuters reported, citing an internal memo. At least one chip passed its testing phase in about six weeks, according to the memo. Meta is working with
The days of Nvidia’s unparalleled market dominance are not over, but challenges and options are emerging from all directions. ZML, a popular French AI startup backed by Turing Award winner Yann LeCun, has released inference performance software that enables running a variety of large open source language models on a variety of chips, including Nvidia,
As the costs of AI continue to rise, companies are looking for ways to reduce them. The most recent example is Microsoft, which has reportedly begun implementing a cost-saving strategy by relying less on software from OpenAI and Anthropic and instead implementing its own internal models. In fact, when it comes to two of its