Alibaba to offer Nvidias physical AI development tools in its AI platform | TechCrunch

Image for article Alibaba to offer Nvidias physical AI development tools in its AI platform | TechCrunch
News Source : TechCrunch

News Summary

  • Alibaba said it is integrating Nvidia’s AI development tools for robotics, self-driving cars, and connected spaces into its Cloud Platform for AI.
  • Financial terms of the deal were not disclosed.
  • Deal comes as Alibaba focuses on building out its AI business further alongside its main e-commerce business.
  • The company said on Wednesday that it is ramping up spending on AI tech past its previous $50 billion budget, and outlined plans to launch its first data centers in Brazil, France, and the Netherlands.
Nvidia is on a dealmaking spree Days after committing to taking a $5 billion stake in Intel and a whopping $100 billion investment in OpenAI, the GPU maker has now struck a partnership with Chinas [+1435 chars]

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