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AI startup founders seek acquisitions, indicating potential market consolidation (More)
OpenAI partners with Microsoft and Oracle for increased computing power (More)
Samsung streamlines AI chip production, reducing production time by 20% (More)
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A growing number of AI startup founders are looking to sell their companies, the CEO of leading AI startup Hugging Face.
Delangue says Hugging Face is receiving inbound requests from about 10 AI startups each week that are interested in being acquired. This could be a sign of consolidation coming to the AI market.
OpenAI is partnering with Microsoft and Oracle to gain more computing power and infrastructure to support its services.
OpenAI has relied primarily on Microsoft's Azure platform, but as demand for ChatGPT has grown, the company needs additional computing capacity that Microsoft alone cannot provide.
Samsung is offering a streamlined process to speed up the production of AI chips by integrating its memory chip, foundry, and packaging services into a one-stop shop for clients.
This reduces the typical production time of weeks down by around 20%.
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