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Penguin Solutions (PENG) Becomes NVIDIA AI Factory Specialized Partner
Insider Monkey96d agoneutral
Penguin Solutions (PENG) Becomes NVIDIA AI Factory Specialized Partner

Penguin Solutions Inc. (NASDAQ:PENG) is one of the 10 worst artificial intelligence stocks under $30 according to short sellers. On June 23, Penguin Solutions Inc. (NASDAQ:PENG) revealed that the company became an NVIDIA AI Factory Specialized Partner, which makes it a part of NVIDIA’s distinct network of solution providers. The company earned such a designation […]

Odine Partners with Supermicro (SMCI) to Accelerate AI Infrastructure Development in Türkiye
Insider Monkey96d agoneutral
Odine Partners with Supermicro (SMCI) to Accelerate AI Infrastructure Development in Türkiye

Super Micro Computer Inc. (NASDAQ:SMCI) is one of the high growth NASDAQ stocks to buy now. On June 24, Odine entered into a partnership with Supermicro to accelerate the development of AI infrastructure in Türkiye. By using Supermicro’s global expertise in NVIDIA-validated, GPU-based high-performance systems and AI factory solutions, Odine will spearhead the deployment and […]

IREN (NasdaqGS:IREN) Lands Microsoft And Nvidia Deals As AI Data Center Expansion Grows
Simply Wall St.96d agoneutral
IREN (NasdaqGS:IREN) Lands Microsoft And Nvidia Deals As AI Data Center Expansion Grows

IREN (NasdaqGS:IREN) has shifted its focus toward building large scale data centers for artificial intelligence workloads. The company recently signed new long term infrastructure contracts with Microsoft and Nvidia tied to AI capacity. IREN is expanding its international data center footprint, including additional power and hosting capacity for AI clients. IREN is moving beyond its roots in crypto related infrastructure and is now presenting itself as a builder and operator of AI focused...

Lenovo (SEHK:992) Expands Hybrid AI Offerings And Launches Tab Plus Gen 2
Simply Wall St.96d agoneutral
Lenovo (SEHK:992) Expands Hybrid AI Offerings And Launches Tab Plus Gen 2

Lenovo Group (SEHK:992) expanded its Hybrid AI Advantage portfolio with new AI inferencing solutions and platforms for hybrid deployment. The company announced fresh collaborations with NVIDIA, Intel, Red Hat, and Canonical to support enterprise AI workloads. Lenovo also introduced the Tab Plus Gen 2 tablet, which includes upgraded audio visual features, multitasking tools, and AI-driven functions for consumers. Lenovo Group is drawing attention with these AI and hardware updates, set...

Qualcomm (QCOM) Unveils AI Data Center Push With Meta Microsoft And Modular
Simply Wall St.96d agoneutral
Qualcomm (QCOM) Unveils AI Data Center Push With Meta Microsoft And Modular

Qualcomm (NasdaqGS:QCOM) has outlined a broad AI data center plan that includes new partnerships with Meta and Microsoft. The company introduced its Dragonfly C1000 CPU and a new High Bandwidth Compute architecture for AI workloads. Qualcomm confirmed the acquisition of AI software company Modular to build an ecosystem that can compete with Nvidia’s CUDA. Qualcomm is best known for its smartphone processors, and the new AI data center push signals a wider focus on infrastructure and cloud...

Amazon quietly raises price tag on the AI boom
TheStreet96d agoneutral
Amazon quietly raises price tag on the AI boom

Amazon (AMZN) is telling investors that the artificial intelligence boom comes with a very real price tag. And Wall Street needs to take note. Amazon Web Services quietly posted an update to the pricing for Amazon EC2 Capacity Blocks for ML, a reservation product that allows customers to lock in ...