Former Google, Meta executives raise $100 million for high-capacity AI servers startup
1. Majestic Labs raised $100 million to reduce data center costs. 2. Former Google executives aim to improve memory-intensive AI workloads. 3. Alphabet expects capital expenditures to exceed $380 billion this year. 4. Google announced Ironwood, a new tensor processing unit for AI models. 5. Majestic's tech could enhance efficiency in data centers for AI applications.