Microsoft Strung Together Tens of Thousands of Chips in a Pricey Supercomputer f...
source link: https://finance.yahoo.com/news/microsoft-strung-together-tens-thousands-130035397.html
Go to the source link to view the article. You can view the picture content, updated content and better typesetting reading experience. If the link is broken, please click the button below to view the snapshot at that time.
Microsoft Strung Together Tens of Thousands of Chips in a Pricey Supercomputer for OpenAI
(Bloomberg) -- When Microsoft Corp. invested $1 billion in OpenAI in 2019, it agreed to build a massive, cutting-edge supercomputer for the artificial intelligence research startup. The only problem: Microsoft didn’t have anything like what OpenAI needed and wasn’t totally sure it could build something that big in its Azure cloud service without it breaking.
Most Read from Bloomberg
OpenAI was trying to train an increasingly large set of artificial intelligence programs called models, which were ingesting greater volumes of data and learning more and more parameters, the variables the AI system has sussed out through training and retraining. That meant OpenAI needed access to powerful cloud computing services for long periods of time.
To meet that challenge, Microsoft had to find ways to string together tens of thousands of Nvidia Corp.’s A100 graphics chips — the workhorse for training AI models — and change how it positions servers on racks to prevent power outages. Scott Guthrie, the Microsoft executive vice president who oversees cloud and AI, wouldn’t give a specific cost for the project, but said “it's probably larger” than several hundred million dollars.
“We built a system architecture that could operate and be reliable at a very large scale. That's what resulted in ChatGPT being possible,” said Nidhi Chappell, Microsoft general manager of Azure AI infrastructure. “That’s one model that came out of of it. There’s going to be many, many others.”
The technology allowed OpenAI to release ChatGPT, the viral chatbot that attracted more than 1 million users within days of going public in November and is now getting pulled into other companies’ business models, from those run by billionaire hedge fund founder Ken Griffin to food-delivery service Instacart Inc. As generative AI tools such as ChatGPT gain interest from businesses and consumers, more pressure will be put on cloud services providers like Microsoft, Amazon.com Inc. and Alphabet Inc.’s Google to ensure their data centers can provided the enormous computing power needed.
- Benzinga
Twitter's India Rival Integrates chatGPT To Challenge Elon Musk-Led Company's Dominance
Koo, an India-based social media app, has integrated OpenAI’s chatGPT to establish itself as a trendier and more user-friendly platform. What Happened: Koo, an Indian social media app that aims to rival Elon Musk‘s Twitter, has integrated chatGPT technology to help users draft posts easily, reported Reuters. See Also On Benzinga India: Apple’s iPhones May Be Expensive But Tech Giant’s Growth Is Outpacing Chinese Rivals In India The platform will allow users to use chatGPT directly within the app
4h ago - Bloomberg
Taiwan Blasts EU for Wanting Chips While Denying Trade Talks
(Bloomberg) -- The European Union may not get a chip plant from Taiwanese companies if it continues to refuse to engage Taipei in trade talks, the government-backed Central News Agency said in an editorial column on Monday.Most Read from BloombergBonds Soar, Tech Up as Bets on Fed Pause Weighed: Markets WrapFed’s New Backstop Shields Banks From $300 Billion of LossesFDIC Auction for Failed SVB Underway, Final Bids Due SundaySignature Seized by Regulators as Pain Spreads From SVB’s FallUS Discuss
10h ago - Investopedia
Has ChatGPT Put Bing Back Into Search Engine Discussion?
Bing's user growth surged growth after Microsoft invested in OpenAI, though it remains far behind Google search.
3h ago - Reuters
Exclusive-India to discourage foreign trade settlement in Chinese yuan - sources
India has asked banks and traders to avoid using Chinese yuan to pay for Russian imports, three government officials involved in policy making and two banking sources said, because of long-running political differences with its neighbour. India, which has emerged as a top buyer of Russian oil as well as discounted coal, would prefer the use of United Arab Emirates dirhams to settle trade, three government officials said. One of the government officials directly involved in the matter said New Delhi is "not comfortable" with foreign trade settled in yuan but said settlement in "dirham is okay."
4h ago - Quartz
Japanese workers are set to get their largest pay raise in decades
Japanese workers are awaiting the outcome of the annual “shunto” wage negotiations between the government, top businesses and union leaders on Wednesday (March 15), with economists predicting one of the most significant wage hikes in decades.
1h ago - Fortune
Employees are more afraid a recession will change corporate culture than they are of layoffs
A recent Harris Poll survey finds 52% of workers are concerned about worsening company culture due to a recession.
7h ago - TechCrunch
UK tech ecosystem reacts to the news of SVB UK's acquisition by HSBC
U.K. tech founders, investors, and ecosystem leaders have been giving their reactions to the news that SVB UK will be rescued by HSBC. It said that it will be "business as usual" for its customers, despite the many question marks still hanging over Silicon Valley Bank in the U.S.. The storied parent company is the bank for many tech startups, investors and others in the industry and it too was taken over by banking regulators at the end of last week when customers made a run on it. Many of these companies are developing technologies which represent the future of the UK economy.
9h ago - South China Morning Post
SVB's collapse: Shanghai weighs a buyout of SVB in local venture while HSBC steps up as white knight for collapsed bank's UK unit
The Silicon Valley Bank's (SVB) global operations are being taken apart after the California-based lender was taken over by regulators on Friday, becoming the second biggest bank failure in the history of the United States. HSBC has swooped in to buy the collapsed bank's UK subsidiary for a nominal £1, while the US bank's subsidiary in China may be taken over by its Chinese partner Shanghai Pudong Development Bank (SPDB), according to sources familiar with the matter. Shanghai's banking authorit
9h ago - Reuters
'No relation to SVB': India's SVC Bank acts to calm depositors amid brand name confusion
A little-known Indian bank moved to assure depositors their money is safe after the collapse of Silicon Valley Bank (SVB) in California caused confusion and concern due to a similarity in names. Over the weekend, India's SVC Co-operative Bank (SVC Bank), issued a statement and sent text messages in English and local Marathi language to its customers in Mumbai saying it has no relation to the U.S. lender. SVC, which has 198 branches across India, held total deposits of $2.23 billion in 2021-22.
9h ago - TechCrunch
HSBC acquires Silicon Valley Bank UK in last-minute deal, says all depositors’ money is safe
HSBC UK is acquiring Silicon Valley Bank UK for a symbolic £1. The deal is a massive relief to the U.K. technology sector, which was highly exposed to the collapse of both SVB and its U.K. arm. HSBC said the transaction “completes immediately.”
11h ago - Barrons.com
SVB Is Testing Financial Stability. What It Means for the Fed.
Fallout from Silicon Valley Bank’s collapse, Boeing could benefit from Saudi Arabia’s newest airline, Meta explore a rival app to Twitter, and other news to start your day.
8h ago - Yahoo Finance
Spotify crosses 500M users as Wall Street bullish on Ek's 'next generation' pledge
Spotify analysts are increasingly bullish after the company revealed it crossed 500 million monthly active users, in addition to detailing key changes to its user interface during its second-ever Stream On event on Wednesday.
1d ago - Bloomberg
SM Plunges After Bidding War Over K-Pop’s Future Ends
(Bloomberg) -- SM Entertainment Co. plunged after BTS label Hybe Co. said it would back down from a battle over the smaller K-pop agency, ending a bidding war with internet giant Kakao Corp. that had embroiled some of the biggest names in Korean entertainment.Most Read from BloombergBonds Soar, Tech Up as Bets on Fed Pause Weighed: Markets WrapFed’s New Backstop Shields Banks From $300 Billion of LossesFDIC Auction for Failed SVB Underway, Final Bids Due SundaySignature Seized by Regulators as P
17h ago - Reuters
'Steady hand': China surprisingly retains central bank chief
Yi Gang's surprise re-appointment as China's central bank governor on Sunday means a pro-market mind of high international stature will continue to represent the world's second-largest economy on the global stage. Yi, 65, was widely expected to retire as President Xi Jinping installs close allies in key roles in a sweeping government reshuffle at the start of his precedent-breaking third five-year term. A new leadership team, formed mostly of home-grown talent loyal to Xi, raises concerns among the international business community amid rising tensions between China and the West over trade, technology, the war in Ukraine and other issues.
1d ago - Decrypt Media
Web3 Game Publisher Jungle Raises $6 Million for Mobile NFT Shooter
Jungle has attracted investments from prominent VC firms including Bitkraft Ventures, Framework Ventures, and Delphi Digital.
4h ago - Engadget
Rivian's electric delivery vans could soon be available to companies other than Amazon
Rivian reportedly wants to end exclusivity with Amazon for its electric delivery vans.
2h ago - Zacks
Why Splunk (SPLK) is an Attractive Portfolio Pick Right Now
With healthy fundamentals and high demand for its cloud solutions, Splunk (SPLK) appears to be a solid investment option at the moment.
8h ago - Yahoo Finance
Blockchain is 'a completely different animal' in personal finance
While blockchain is just seen as a ledger to record crypto payments, they can be used for any type of financial transaction, according to blockchain company Algorand Foundation CEO Staci Warden. She told Yahoo Finance Live (video above) that the blockchain ecosystem can be a pivotal part of money transfers.
1d ago - TheStreet.com
[video]VIDEO: Fallout From the SVB Collapse and What It Means for the Portfolio
Chris breaks down what he's watching amid Silicon Valley Bank's demise and how it affects the portfolio.
4h ago - Engadget
The best budget robot vacuums for 2023
Here's a list of the best budget robot vacuums you can buy, as chosen by Engadget editors.
5h ago
Recommend
About Joyk
Aggregate valuable and interesting links.
Joyk means Joy of geeK