Aethir, APhone Launch New 10x Scaling Solution
Decentralized smartphone Aethir and APhone have launched a new scaling solution that is expected to increase APhone’s user capacity by tenfold (10X) and result in a 90% cost reduction. The new scaling solution will enable APhone to support over 800,000 daily concurrent users and reduce the monthly user cost to below $0.60, a significant reduction […]
SingularityNET to Invest $53M in Modular Supercomputer, AI
SingularityNET, an artificial intelligence platform developer, has disclosed a $53 million investment in a modular supercomputer dedicated to decentralized artificial general intelligence (AGI). The supercomputer will receive $26.5 million in the initial phase of the investment, as announced on July 23. This investment will include modular data center solutions from Ecoblox, graphics processing units (GPUs), […]
Singapore Invests $74.3M for Quantum Computing, AI in Finance
The Monetary Authority of Singapore (MAS) has allocated 100 million Singapore dollars ($74.36 million) to enhance its finance sector’s quantum computing and artificial intelligence capabilities. The MAS, Singapore’s central bank and financial regulatory authority, has administered its most recent injection of funds to assist local financial institutions in establishing quantum computing infrastructure and accelerating AI […]
Samsung Explores New Phone Designs with AI Focus
Samsung is exploring new smartphone designs optimized for generative AI to create “radically different” AI-focused devices. Samsung, a technology behemoth, is purportedly exploring potential modifications to its smartphone form factor to optimize them for generative AI applications and functions. Roh Tae-moon, the president of Samsung’s Mobile Experience unit, revealed to the Australian Financial Review in […]
OpenAI in Talks with Broadcom for AI Chips Development
OpenAI is reportedly in talks with Broadcom and other chip manufacturers for artificial intelligence (AI) Chips manufacturing. Massive clusters of graphical processing units (GPUs) or similar computer processors are typically employed to train AI models, including Meta’s Llama and OpenAI’s ChatGPT. Nvidia is the manufacturer of the H100, which is the most widely used hardware. […]