Korea’s biggest manufacturers back Config, the TSMC of robot data
Korean manufacturing giants Samsung, Hyundai, and LG have invested in Config, a startup aiming to become the central data platform for the robotics industry.
Read on TechCrunch →
Cowboy Space has raised $275 million to build data centers in orbit, driven by the immense demand for AI compute power.
Why it matters
The exponential growth of AI, particularly large language models and complex training processes, requires vast amounts of computational power. Traditional data centers are facing limitations in terms of physical space, energy consumption, and cooling. This funding round for Cowboy Space highlights a potential future where orbital data centers could alleviate these pressures, enabling more advanced AI development and deployment by providing dedicated, scalable compute resources beyond Earth's constraints.
AI needs a lot of computer power, and there's not enough space on Earth for all the data centers needed. A company called Cowboy Space is raising money to build data centers in space, hoping to solve this problem for AI.
Korean manufacturing giants Samsung, Hyundai, and LG have invested in Config, a startup aiming to become the central data platform for the robotics industry.
Read on TechCrunch →An experimental cafe in Stockholm is using an AI agent named Mona to manage operations, but the AI is facing financial difficulties and making poor inventory decisions.
Read on Economic Times Tech →Cerebras Systems is planning to increase its IPO price range to $150-$160 per share due to surging demand for its AI chips, indicating strong market interest in specialized AI hardware.
Read on Economic Times Tech →