Kava Labs' co-founder Scott Stuart believes AI tokens have long-term potential and won't be a fleeting crypto trend like NFTs. The company's pivot to decentralized AI has led to the development of an open-source AI platform and marketplace, emphasizing transparency in AI over closed-source models that lack accountability.
https://www.coindesk.com/tech/2025/04/14/kava-labs-scott-stuart-decentralized-ai-delivers-real-value-not-nft-style-hypeA Khosla-backed startup has secured $258 million to develop novel data center generators, driven by the growing demand for power from AI systems.
https://news.bloomberglaw.com/private-equity/khosla-backed-startup-nabs-258-million-to-power-data-centersLloyds is seeing rapid progress in its use of agentic artificial intelligence (AI), with the technology advancing significantly over the past year. According to Ranil Boteju, Lloyds' Chief Data and Analytics Officer, the company has transitioned from conceptualizing AI to developing functional Minimum Viable Products (MVPs) within a short 12-month period.
https://www.pymnts.com/artificial-intelligence-2/2025/lloyds-bank-and-coinbase-inside-their-generative-ai-playbooks/The Indian government has allocated Rs 6,000 crore to support next-gen tech initiatives, aiming to build future-ready capabilities. This move is part of the Modi administration's efforts to boost technological advancements in the country.
https://www.lokmattimes.com/technology/pm-modis-vision-propels-india-into-global-big-league-in-defence-space-new-tech-1/QKS Group's AI for IT Operations (AIOPS) market report predicts a high-growth wave through 2030, with a CAGR of 22.31%. The report highlights disruptions in the market driven by advancements in artificial intelligence and machine learning technologies. Shraddha Roy, PR & Media Relations at QKS Group, is the content source for this information.
https://www.prnewswire.com/news-releases/artificial-intelligence-for-it-operations-aiops-market-disruptions-riding-a-high-growth-wave-through-2030-at-cagr-22-31-302427657.htmlNvidia plans to manufacture AI chips in the US for the first time, commissioning over one million square feet of manufacturing space in Arizona and Texas. The company aims to produce up to half a trillion dollars' worth of AI infrastructure in the next four years. Nvidia's founder Jensen Huang stated that this move will strengthen the supply chain and boost resiliency, as the US becomes a hub for building the world's AI infrastructure.
https://www.boston25news.com/news/nvidia-plans/AFCG4S2JSJDADGNDELNHQNES2U/Nvidia plans to invest $500 billion in artificial intelligence infrastructure in the US over the next four years, with a focus on developing advanced AI capabilities and technologies. The company's CEO, Jensen Huang, has stated that this investment will help drive innovation and growth in the field of AI. The project is expected to create thousands of jobs and stimulate economic growth in the US.
https://www.livemint.com/news/us-news/nvidia-to-build-500-billion-ai-infra-in-us-over-next-4-years-11744646196315.htmlNvidia plans to invest $500 billion in AI infrastructure in the US over four years through partnerships with companies like Taiwan's TSMC, amid efforts to bring manufacturing and supply chains within the country. The move comes as the US imposes tariffs on imports. Nvidia has partnered with TSMC to start production of its latest chip generation at a factory in Phoenix, Arizona.
https://channelnewsasia.com/business/nvidia-aims-produce-ai-tools-worth-up-500-billion-us-over-four-years-5064961Nvidia plans to invest $500 billion in building AI servers in the US over four years with help from partners like TSMC, Foxconn, and Wistron. The company will produce its Blackwell AI chips at TSMC's Phoenix factory and supercomputer manufacturing plants in Texas, which are expected to start production within 12-15 months. This move aims to align Nvidia with tech firms backing the Trump administration's push for local manufacturing, creating hundreds of thousands of jobs in the US.
https://nypost.com/2025/04/14/business/nvidia-vows-to-spend-up-to-500b-to-build-ai-servers-in-us-amid-trump-pressure/