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Purchase of XetHub business by Hugging Face to kickstart AI initiatives.

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5 months ago
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Hugging Face has announced the acquisition of XetHub, a startup that develops repositories for Machine Learning and AI applications, catering to the needs of Hugging Face. Yucheng Low, CEO of...

Revolutionary Breakthrough: SK Hynix Achieves Record-Breaking Revenue from AI Chip Demand

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5 months ago
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SK Hynix reported record-breaking performance in the second quarter of 2024, with total revenue of 16.4233 trillion won, an increase of 125% compared to the same quarter last year. The...

Samsung Unveils Next-Gen LPDDR5X RAM with High Bandwidth of 10.7 Gbps, Boosting Speed by 25% from Previous Generation.

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8 months ago
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Samsung has unveiled the new LPDDR5X RAM with a special high-bandwidth of 10.7 Gbps, surpassing the initial LPDDR5X version released in 2021 which had a bandwidth of 8.5 Gbps (a...

Quarterly Report on Impressive Growth Stemming from AI-Driven CPU Demand

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11 months ago
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Arm released its financial report for the fourth quarter of December 2023, disclosing a total revenue of $824 million. According to the GAAP accounting standard, this represents a 14% increase...