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Intel and US race to finalise $8.5bn in chips funding by year’s end
cross-posted from: https://lemm.ee/post/43492652
Yandex founder to build AI business in Europe after Russia exit
cross-posted from: https://lemmy.world/post/17826815
> Source Financial Times article > > >Volozh is leading 1,300 employees, mostly ex-Yandex staff, to build Nebius, whose core business is developing a cloud computing platform specifically designed to support the training and running of large-scale AI models by start-ups. > > > >Nebius is already working with Europe’s best-known AI start-ups in France and Germany, according to Volozh, with 500 of its engineers focused on developing its specialised cloud infrastructure.