Skip to main content

Sources: Nvidia is in advanced talks to acquire Tel Aviv-based AI21, which is building its own LLMs, for $2B to $3B; the deal would resemble an acquihire (CTech)

CTech:
Sources: Nvidia is in advanced talks to acquire Tel Aviv-based AI21, which is building its own LLMs, for $2B to $3B; the deal would resemble an acquihire  —  EXCLUSIVE: The move would mark Nvidia's fourth major Israeli purchase and signal the limits of Israel's LLM ambitions.



from Techmeme https://ift.tt/daP94Qt
via IFTTT

Comments

Popular posts from this blog

PartnerOne acquires HeadSpin, whose founder is serving a jail sentence for fraud; email: employees' stock options were canceled as the options were "underwater" (Mary Ann Azevedo/TechCrunch)

Mary Ann Azevedo / TechCrunch : PartnerOne acquires HeadSpin, whose founder is serving a jail sentence for fraud; email: employees' stock options were canceled as the options were “underwater”   —  Employees' stock options were cancelled, according to a document viewed by TechCrunch. from Techmeme https://ift.tt/noKyEDx via IFTTT

The FDIC announces an agreement to sell Signature Bank's assets to Flagstar Bank, a subsidiary of New York Community Bancorp (Pete Schroeder/Reuters)

Pete Schroeder / Reuters : The FDIC announces an agreement to sell Signature Bank's assets to Flagstar Bank, a subsidiary of New York Community Bancorp   —  A subsidiary of New York Community Bancorp (NYCB.N) has entered into an agreement with U.S. regulators to purchase deposits and loans from New York-based Signature Bank … source http://www.techmeme.com/230319/p6#a230319p6

Tokyo-based chip equipment maker Kokusai expects nearly 50% of its revenue to come from China in the coming months; its stock is up ~66% since its October IPO (Bloomberg)

Bloomberg : Tokyo-based chip equipment maker Kokusai expects nearly 50% of its revenue to come from China in the coming months; its stock is up ~66% since its October IPO   —  - China business accounts for more than 40% of revenue, CEO said  — Investment for mature chip fabs likely remain solid next year from Techmeme https://ift.tt/OT8AHz2 via IFTTT