Bitcoin miners sink millions into AI businesses, seeking billions in return
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AMD on Monday announced new artificial intelligence chips as it seeks to establish itself as a leader amid competition with the likes of Nvidia and Intel.
Stock futures were calm on Sunday evening ahead of the first trading day in June.
This is CNBC's live blog covering Asia-Pacific markets.
TAIPEI -- Nvidia CEO Jensen Huang has signaled that his company aims to introduce a new version of its flagship AI chips each year as the world's most valuable chipmaker aims to unlock $100 trillion worth of opportunities in a "new Industrial Revolution."
TOKYO -- Japanese electronics group Sharp and telecom partner KDDI will convert a factory site in Japan into a data center for artificial intelligence powered by advanced Nvidia chips, Nikkei has learned.
Nvidia on Sunday unveiled its next generation of artificial intelligence chips to succeed the previous model, which was announced just months earlier in March.
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