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Search resuls for: "Amazon's Industrial Innovation Fund"


2 mentions found


Cerebras Systems, a startup trying to challenge Nvidia on the AI chip battlefield, is reportedly headed for an IPO toward the end of 2024. This is one of the primary elements holding back even some AWS customers from using Amazon's AI chips. But, most AI developers must go through gnarly work to change their software if they want to change their hardware. His startup Vimaan is building tech for a future "dark warehouse" that requires no humans to operate. Advertisement"Am I gonna take a chance to switch out a whole infrastructure that we've built on the Nvidia platform?"
Persons: , Lior Susan, Susan, CUDA, Thomvest, they're, He's, Padval, Jensen Huang, Thomas Sohmers, Ganapathi, Vimaan, Pavdal Organizations: Service, Cerebras Systems, Nvidia, Eclipse Ventures, Business, CUDA, NVIDIA CUDA, AMD, Qualcomm, Google, Intel, UXL Foundation, Amazon's Industrial Innovation Fund Locations: CUDA
Amazon withdrew from investing in Figure, an AI-robotics startup valued at $2.6 billion. Figure raised $675 million in February from investors including Microsoft, OpenAI, Nvidia, and Jeff Bezos. Figure committed to using Microsoft's Azure cloud service when it announced the funding round. In February, Figure announced it raised $675 million from investors including Microsoft, OpenAI, Nvidia, and former Amazon CEO Jeff Bezos. At the time, a number of publications reported that Amazon's Industrial Innovation Fund was one of the investors in Figure.
Persons: Jeff Bezos, Organizations: Amazon, Microsoft, Nvidia, Service, Innovation, Business
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