Microsoft-backed AI startup Inflexion raises $1.3 billion from Nvidia and others

Microsoft-backed AI startup Inflexion raises $1.3 billion from Nvidia and others

[1/3]The words AI Artificial Intelligence are seen in this illustration taken May 4, 2023. REUTERS/Dado Ruvic/Illustration/File Photo June 29 (Reuters) – Inflection AI, a startup backed by several Silicon Valley giants, said on Thursday it raised $1.3 billion from investors including Microsoft and Nvidia amid an AI boom (TO THE). The investment, a mix of … Read more

The US weighs tighter restrictions on AI chip exports to China

Nvidia boss Jensen Huang

Get free updates on US-China relations Well, I’ll send you a myFT daily digest email rounding last US-China relations news every morning. The Biden administration is contemplating new export controls on AI chips, as Washington ramps up its efforts to make it more difficult for China to obtain technology with military applications. The US Commerce … Read more