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AI & Enterprise

AI infrastructure financialisation gains momentum as major investment banks take interest

As hundreds of billions of dollars pour into AI infrastructure, financial markets are shifting and efforts are growing to financialise capital flowing into the sector. Products could emerge that allow trading of computing power costs, including futures tied to GPU rental prices. The Information reported that investment banks, exchanges and data providers are competing to make GPU rental rates an official tradable asset, with Goldman Sachs and JPMorgan exploring listings by year-end.

AI & Enterprise

South Korea secures 9,704 advanced GPUs to be run by Naver Cloud, Samsung SDS and Elice Group

South Korea\'s Ministry of Science and ICT has selected Naver Cloud, Samsung SDS and Elice Group for a project to secure, build and operate advanced graphics processing units, it said on Sunday. The 2.08 trillion won programme will secure 9,704 GPUs, including 2,016 Nvidia Vera Rubin units and 7,688 B300 units. The ministry plans to support AI computing needs for public and private innovation and phase in services this year.

AI & Enterprise

Apple to launch next-generation Siri in September, use Google Cloud and Nvidia chips

Apple will launch a next-generation Siri voice AI assistant in September, aiming to offer a higher-level, more personalised conversation experience. The Information reported Apple will also use Google Cloud servers and Nvidia chips for the new Siri. Apple plans to handle as many functions as possible on devices such as iPhones, while running some functions requiring greater computing power on Google Cloud using Nvidia Blackwell B200 data centre chips.