Moz (Muslim) Farooque is a financial journalist, U.S. stock and crypto analyst, and founding editor at Undervalued Deep Insights.He specializes in deep dives on AI & emerging tech, electric-vehicle disruptors, big-tech giants, blockchain & crypto markets, and entertainment & media stocks.

Qualcomm announced the AI200 and AI250 and has plans to release AI chips annually.

DOE announced the Discovery and Lux supercomputers at ORNL to advance U.S. leadership in artificial intelligence and high-performance computing. Discovery and Lux will enable AI-driven research that fuels new advances in energy, manufacturing, medicine and cybersecurity.

Maincode, an Australian AI firm, is planning to launch a data center in Melbourne.

Chips aren’t the only star of the massive agreement. AMD’s software efforts have slowly turned it into a more formidable competitor to Nvidia.

HPE and AMD today announced they have been selected to build two systems for Oak Ridge National Laboratory, a successor to the Frontier exascale-class HPC system, along with an AI supercomputing

The deal marks a major endorsement of AMD's AI hardware and software capabilities as the company competes with Nvidia for dominance in the AI chip market. AMD executives project the agreement will generate more than $100 billion in new revenue over four years from OpenAI and other customers who follow OpenAI's lead.

Spending on AI has accelerated in recent months, as Wall Street anticipates global expenditures nearing half a trillion dollars by 2026.

It's taken a little longer than anticipated to arrive to market, but AMD's Radeon AI Pro R9700 graphics card for AI developers finally has a firm release date and pricing.