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Alibaba is placing HK$80bn, about $10.2bn, of new shares in Hong Kong and says all net proceeds will go to AI infrastructure and capabilities. It comes days after the company reported a 75% fall in quarterly net profit driven by that same spending. Alibaba is going to the market for money to spend on AI, [] This story continues at The Next Web
A proposed class action filed in San Francisco alleges Ouras sleep staging is generated by AI estimates rather than measurement, and names Finnish parent Oura Health Oy as a defendant. Oura says it stands behind its science and accuracy claims. The number Oura puts on its own product pages is now the subject of a [] This story continues at The Next Web
Nvidias largest customers have been notified that servers containing its AI chips will rise in price by more than 15% in many cases from early next year, driven by memory costs. The company reports quarterly earnings next week. Nvidias biggest customers have been told what the memory shortage is going to cost them. Servers containing [] This story continues at The Next Web