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White House Announces $2.4B in AI-for-Science Tool and Compute Credit Pledges From 11 Companies
Why it mattersThe $2.4 billion from 11 companies comes as compute credits and tools rather than cash appropriations; Nvidia's $1 billion over five years is more than 40% of it, covering more than 15 federal agencies.
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AMD to Acquire Fei-Fei Li's World Labs for $8.2B; Li to Become Chief Scientist
Why it mattersThe ~$8.2 billion all-stock deal is AMD's second-largest acquisition, behind the 2022 Xilinx deal; Fei-Fei Li becomes AMD EVP and Chief Scientist.


