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AMD Announces £2 Billion Investment in UK AI Infrastructure to Boost Research and Economic Growth

AMD Announces £2 Billion Investment in UK AI Infrastructure to Boost Research and Economic Growth

AMD, led by Chair and CEO Dr. Lisa Su, has announced a significant investment of £2 billion over the next five years in the United Kingdom. This investment aims to accelerate AI innovation and research, expanding access to the necessary computing resources for long-term economic growth and scientific leadership. The announcement was made during London Tech Week, where Dr. Su outlined a series of strategic collaborations and investments designed to enhance the UK's AI ecosystem. These initiatives align with the UK's AI Opportunities Action Plan and AI Hardware Strategy, supporting national priorities to build world-class AI infrastructure, develop technical talent, and accelerate AI adoption. The UK government has welcomed this investment as a major step towards strengthening the country's AI infrastructure and research ecosystem.
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NTT Launches $500 Million Fund to Propel IOWN AI Initiative

NTT Launches $500 Million Fund to Propel IOWN AI Initiative

NTT Launches $500 Million Fund to Propel IOWN AI Initiative
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Recursive Superintelligence Secures $650 Million for Self-Improving AI Development

Recursive Superintelligence Secures $650 Million for Self-Improving AI Development

Recursive Superintelligence Secures $650 Million for Self-Improving AI Development
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MIT Researchers Develop Self-Evolving AI for Scientific Discovery

MIT Researchers Develop Self-Evolving AI for Scientific Discovery

MIT Researchers Develop Self-Evolving AI for Scientific Discovery
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Bitcoin Miners Transition to AI Data Centers Amid Industry Shift

Bitcoin Miners Transition to AI Data Centers Amid Industry Shift

Bitcoin Miners Transition to AI Data Centers Amid Industry Shift
TheStreet TheStreet
Citi quietly resets S&P 500 price target for the rest of 2026

Citi quietly resets S&P 500 price target for the rest of 2026

Wall Street spent the bulk of 2026 figuring out whether the stock market has come too far, too fast. However, according to TheFly, Citi analysts are looking past the immediate damage as they revamp their S&P 500 target. They make the case that something far more durable may be taking shape, ...
Reuters Reuters
UK sets out $1.5 billion AI hardware plan with supercomputer, chip funding

UK sets out $1.5 billion AI hardware plan with supercomputer, chip funding

LONDON, June 8 (Reuters) - Britain set out a new £1.1 billion ($1.47 billion) plan on Monday to build domestic AI computing capacity, including a new national supercomputer and funding to back homegrown chip firms.
Reuters Reuters
Meta funds skilled trades jobs program for AI data center buildout

Meta funds skilled trades jobs program for AI data center buildout

By Katie Paul NEW YORK, June 8 (Reuters) - Meta is investing $115 million to stand up a new training program for data center technician jobs, as the social media giant races to build the infrastructure to power its AI ambitions.
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LG Uplus Invests $3.26 Billion in AI Data Centers to Meet Growing Demand

LG Uplus Invests $3.26 Billion in AI Data Centers to Meet Growing Demand

LG Uplus Invests $3.26 Billion in AI Data Centers to Meet Growing Demand
Reuters Reuters
Chinese military hovered as global executives flocked to Taiwan tech show

Chinese military hovered as global executives flocked to Taiwan tech show

By Ben Blanchard, Max A. Cherney and Wen-Yee Lee TAIPEI, June 8 (Reuters) - As AI heavyweights including Nvidia, Intel and SK Group last week championed Taiwan's significance as a crucial hub for the global supply chain, a hostile exchange with China was brewing at sea.
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Data Center Construction Boom Driven by AI Demand Enters New Phase

Data Center Construction Boom Driven by AI Demand Enters New Phase

Data Center Construction Boom Driven by AI Demand Enters New Phase
TheStreet TheStreet
Amazon finds itself in hot water over Ring camera feature

Amazon finds itself in hot water over Ring camera feature

There is an old idea that a person's home is their castle, and that the threshold of a front door marks the line between the public world and the private one. For most of human history, crossing that line meant being seen by, at most, whoever happened to be standing there. That line has quietly ...