California fabless semiconductor company AMD (NASDAQ: AMD) has announced its intention to acquire artificial intelligence (AI) hardware provider ZT Systems for US$4.9 billion as the group puts up a fence to rival giants like Nvidia (NASDAQ: NVDA). Headquartered in Secaucus, New Jersey, ZT Systems has operated for the past 15 years designing and deploying data centre AI comp...

Semiconductor behemoth Nvidia (NASDAQ: NVDA) has etched its name into the annals of corporate history by becoming the third publicly traded company to surpass the coveted US$3 trillion market capitalisation threshold. This achievement, propelled by the insatiable demand for its cutting-edge graphics processing units (GPUs), solidifies Nvidia's position as a preeminent force...

Privately held AI hyperscaler CoreWeave Inc. said its plans to invest US$2.2 billion in the expansion and opening of three new data centres in continental Europe by the end of 2025 in Norway and Sweden. This aligns with CoreWeave's strategy to advanced compute solutions, particularly NVIDIA's Blackwell platform and NVIDIA Quantum-2 InfiniBand networking, catering to the nee...