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Microsoft expands AI infrastructure with CoreWeave investment

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Microsoft is continuing to invest in cloud computing infrastructure to meet the growing demand for AI-powered services. 

The company has reportedly agreed to spend billions of dollars over multiple years on startup CoreWeave, which offers simplified access to Nvidia’s powerful graphics processing units (GPUs) for running AI models. The investment comes as Microsoft aims to ensure that OpenAI, the company behind the popular ChatGPT chatbot, has sufficient computing power. 

OpenAI relies on Microsoft’s Azure cloud infrastructure to meet its computational needs.

CoreWeave recently raised $200 million in funding, following a valuation of $2 billion. The company provides access to Nvidia GPUs, which are highly regarded for AI applications. Microsoft’s deal with CoreWeave enables the tech giant to tap into additional GPU resources to meet the increasing demand for AI infrastructure. 

CoreWeave’s CEO, Michael Intrator, revealed that the company’s revenue has multiplied significantly from 2022 to 2023, indicating a surge in demand for its services.

The partnership between Microsoft and CoreWeave underscores the intensified competition in the generative AI space. After OpenAI introduced ChatGPT, which demonstrated the ability of AI to generate sophisticated responses, many companies, including Google, have rushed to incorporate generative AI into their products. Microsoft has also been actively deploying chatbots for its own services, such as Bing and Windows.

Nvidia, whose GPUs are used extensively for AI and large language models, has seen its stock price surge by 170% this year. The company’s market capitalisation recently exceeded $1 trillion. Nvidia’s growth is expected to be fueled by data centers, driven by the increasing demand for generative AI and large language models. OpenAI’s GPT-4 model, which powers ChatGPT, is trained using Nvidia GPUs.

CoreWeave offers computing power that is claimed to be 80% less expensive than legacy cloud providers. The company provides Nvidia’s A100 GPUs, as well as the more affordable A40 GPUs, which are suitable for visual computing. Some clients have faced challenges obtaining sufficient GPU power from major cloud providers and have turned to CoreWeave for cost-effective solutions.

Microsoft’s investment in CoreWeave aligns with its ongoing efforts to expand its AI capabilities and meet the growing demand for AI-powered services. 

The partnership allows Microsoft to leverage CoreWeave’s GPU resources, ensuring that OpenAI’s infrastructure can support the computational requirements of ChatGPT and other AI initiatives. 

As the AI boom continues to accelerate, companies like Microsoft are actively seeking strategic investments and partnerships to stay at the forefront of this rapidly evolving field.

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Google Makes The Decision To Boost Investments And Back The Government’s Youth Skills Training Initiative

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 Prime Minister Muhammad Shehbaz Sharif was visited in Islamabad by a four-person Google delegation led by Mr. Scott Beaumont, President of the APAC area.

Pakistan’s digital economy is about to undergo a revolutionary change, according to the prime minister, who greeted the team. Speaking on the government’s intentions to reach the goal of US$ 25 billion in exports over the next five years, the prime minister revealed that funding will be used for youth training, IT infrastructure upgrades, and regulatory environment enhancements. Pakistan’s economy is being fully digitalised, he remarked. In his attempts, he stressed the need of working together with a tech behemoth like Google.

The Prime Minister praised Google for pioneering projects that have dramatically enhanced the lives of thousands of Pakistanis in recent years, as well as for its involvement in propelling the country’s digital economy closer to reality. Noting with satisfaction that Google has helped Pakistani young land about a million jobs in 2023 alone, the Prime Minister emphasised that this is a testament to both Google’s dedication to upskilling and empowering Pakistan’s youth and Pakistan’s potential in the digital marketplace.

Informing the Prime Minister of its future involvement intentions, Mr. Scott stated that Google has made the decision to support the government’s youth skill-training initiatives and to expand its investment footprint in Pakistan. He went on to say that for a values-driven digital firm like Google, the growing economy and the sizeable youth population are crucial for optimising the economic benefits of technology. He restated that Pakistan’s IT industry will undergo a revolution when five lac Chromebooks are produced there by 2026.

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Google launches the ability to install multiple apps at once through the Play Store.

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Android users now have the ability to install or update many apps or games at once in the Play Store thanks to a feature introduced by tech giant Google.

Even if Android users downloaded or tried to update several apps or games at once, the prior capability would only process one app at a time.

In the Google Play Store, users can now download or manually update up to three apps or games at once, according to a GSMArena report.

with order to assist Android users with updating or installing multiple apps at once, Google is reportedly already starting to roll out the new feature in a few select locations, including India.

The feature will process three apps at once while sending the fourth to pending when customers install or manually update programs.

When configuring new phones or recovering from a backup, this feature is said to save a tonne of time.

It should be mentioned that Apple has long since permitted customers to download and install up to three iOS apps at once from the App Store.

According to GSMArena, the function is really available on a few cell phones in some regions, even though Google has not formally confirmed when it will appear or whether it will work with any particular handset.

Google started releasing a new AI-powered feature for Android phones a few weeks ago that locks users out of their data to prevent hackers from accessing it.

According to a Forbes story, cellphones running Android 10 or later will soon be able to use the function, which incorporates artificial intelligence.

The anti-theft feature known as “theft detection lock” is currently being rolled out to certain users, according to Mishaal Rahman, who frequently updates his followers on the most recent OS changes on X.

A restricted group of customers who registered for the beta program in Brazil are now receiving theft detection locks, according to Rahman’s post.

Rehman claims that Google Play Services will be used to provide the AI-powered feature to all Android 10 devices.

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Encouraging the IT Sector: Federal Government To Create Nationwide Network Of IT Parks

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Modern Information Technology Parks will be dotted around the nation by a network established by the federal government.

The goal of the program is to give young professionals a springboard to carry out their creative ideas and support the economy of the country.

The Ministry of Information Technology claims that these parks will increase exports and the IT industry while creating jobs for IT specialists.

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