Search results for Trainium2
Crypto
AI infrastructure investment to grow; expectations rise for AI coins on Nvidia tailwind
Nvidia’s market value surpassing $5 trillion is directly affecting the cryptocurrency market as expectations grow for AI-linked tokens. Traders are watching Nvidia’s performance and AI equipment investment trends as key variables for tokens such as Bittensor (TAO), Render (RNDR) and Fetch.ai (FET). Nvidia shares recently traded around $222 to $230 and hit a record close of $236.74 on May 14. Big tech firms are expected to invest $660 billion in AI infrastructure in 2026.
AI & Enterprise
Amazon to invest up to $25 billion more in Anthropic, provide AI chips
Amazon will invest up to an additional $25 billion in Anthropic, CNBC reported on April 20. The sum adds to an existing $8 billion. Anthropic plans to spend more than $100 billion over the next 10 years on AWS technology, including Trainium2 and Trainium3, and has secured up to 5 gigawatts of capacity for training and deploying Claude. Of the investment, $5 billion will be deployed immediately and $20 billion upon meeting specific goals.
AI & Enterprise
Amazon considers selling its in-house AI chips to companies beyond AWS
Amazon CEO Andy Jassy said the company is considering selling its in-house AI chips to external customers beyond AWS, Bloomberg News reported. He disclosed for the first time that Amazon’s internal chip unit has annualised revenue of more than $20 billion. Jassy said annualised revenue could reach $50 billion if sold to both AWS customers and third parties. He also pointed to uptake of Graviton and demand for Trainium chips.