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Bloomberg17d agoneutral
Crypto Treasury Firms Pivot to AI in Bid to Win Back Investors

(Bloomberg) -- The implosion of the once-hot market for cryptocurrency treasury stocks is prompting a number of firms to pivot to artificial intelligence in an attempt to win back investors. So far, it isn’t working. Most Read from BloombergDeepSeek Suspends Fundraising After Viral US-China PostsUS, Iran Extend Pause in Strikes as Oman Holds Hormuz TalksSpaceX at $100 Would Imply Zero AI Value, Morgan Stanley SaysChina Chipmaker CXMT Jumps 466% in Debut After Blockbuster IPOStocks and Bonds Rall

Nvidia forms industry alliance for open AI security after Hugging Face hack
Reuters17d agoneutral
Nvidia forms industry alliance for open AI security after Hugging Face hack

July 27 () - Nvidia said on Monday it had formed a coalition with other companies to develop and share tools for ‌AI safety and cybersecurity, days after the Hugging Face incident ‌drew attention to the dangers of losing control of autonomous AI agents. The Open Secure AI ​Alliance, with founding members including Adobe, CrowdStrike, Hugging Face and Dell Technologies, follows a public letter, signed by a wide range of companies including OpenAI, which advocates for open-weight AI models.

Dell (DELL) Chosen To Build Texas A&M’s IGNITE AI Research Platform
Simply Wall St.19d agoneutral
Dell (DELL) Chosen To Build Texas A&M’s IGNITE AI Research Platform

Dell Technologies (NYSE:DELL) has been selected by the Texas A&M Engineering Experiment Station to build IGNITE, a secure AI and high performance computing platform. IGNITE is designed to support advanced academic research with shared infrastructure and extensive security capabilities. The deployment is described as one of the largest academic AI platforms in the US, aimed at serving a wide range of research disciplines. Dell Technologies enters this project with recent stock performance...

Texas A&M selects Dell Technologies to develop new AI supercomputing platform
InvestorsHub20d agoneutral
Texas A&M selects Dell Technologies to develop new AI supercomputing platform

The Texas A&M Engineering Experiment Station (TEES) has awarded Dell Technologies (NYSE:DELL) a contract to develop a new artificial intelligence and high-performance computing platform known as IGNITE, a project backed by funding from the State of Texas. The new infrastructure is expected to strengthen advanced research capabilities across multiple scientific, engineering and national security fields.