Nvidia Corp. is set to report its second quarter earnings after the market close on Wednesday, with analysts expecting adjusted EPS of $2.09 on revenue of $92 billion, a 96% year-over-year increase. M…
Chinese technology stocks fell on Monday as Alibaba Group Holding Ltd. raised HK$80 billion ($10.2 billion) in Hong Kong's biggest secondary share sale, and Yangtze Memory Technologies Co. filed for a…
OpenAI Group PBC Chief Executive Sam Altman warned in a podcast interview on Sunday that artificial intelligence could end up controlled by a handful of companies or people, leaving society without a …
Hugging Face Inc. is exploring a sale that could value the AI model repository at $13 billion or more, according to a Business Insider report citing people familiar with the process. The company, whic…
Nvidia Corp. has notified some of its largest customers that prices for servers containing its AI chips will rise by more than 15% in many cases, driven by soaring memory chip costs, Bloomberg News re…
Nscale Global Holdings Ltd., a London-based AI data center builder, is reportedly seeking to raise $3 billion in a U.S. initial public offering as soon as next month, with Goldman Sachs Group Inc. and…
Starcloud Inc. raised $250 million at a $2.3 billion valuation to build orbital AI data centers, with investment firm Manhattan West leading the round and Nvidia Corp. and Cisco Investments among the …
Nvidia Corp. published research showing that the 'harness' wrapping an AI model can drive double-digit benchmark gains while halving token costs, and released an open-source framework called NOOA (NVI…
Nvidia Corp. is in early talks with Korean AI chip designer Rebellions about a potential technical partnership, investment, or acquisition, according to people familiar with the matter. Nvidia CEO Jen…
Veeda AI, a startup founded by former Nvidia Corp. researcher Sanja Fidler, has raised $90 million in a seed funding round co-led by Khosla Ventures and Radical Ventures, one of the largest seed finan…
Stripe Inc. agreed to acquire AI model routing startup OpenRouter Inc. in a deal reported at $7.5 billion or more, with closing expected within weeks. OpenRouter provides a single endpoint to more tha…
Nvidia Corp.'s aggressive share buyback program is yielding a negative spread of five percentage points against its 8.5% weighted average cost of capital, with the implied earnings yield at roughly 3.…
Etched Inc., an inference chip startup, announced it raised an additional $700 million in funding, bringing its valuation to $21 billion. The round was led by Jane Street and included Kleiner Perkins,…
Etched Inc., an AI inference chip startup, raised $700 million in funding at a $21 billion valuation, more than doubling its previous valuation, in a round led by Jane Street and joined by Kleiner Per…
Nvidia Corp. has finalized a deal to guarantee up to $105 billion for OpenAI's planned data center campus in Pike County, Ohio, $145 billion lower than the roughly $250 billion guarantee it had consid…
Bank of America Corp. analysts led by Vivek Arya said Nvidia Corp. shares could be trading at a 34% to 50% discount to their conceptual sum-of-parts value, suggesting investors are overstating risks r…
Groq Inc., an AI startup, announced it has raised $350 million in a Series A round led by Disruptive, with Nvidia Corp. planning to join later. The funding comes less than three months after Groq clos…
OpenAI Group PBC signed a 20-year lease for a 10-gigawatt AI data center campus in Ohio, to be built and operated by SB Energy, a SoftBank Group Corp. unit, with at least 10 gigawatts of new energy in…
Nvidia Corp. disclosed in a June 30 Form 13F filing that it owns 122,764,805 Class A shares of Space Exploration Technologies Corp. (SpaceX) valued at $20.98 billion, one of its largest equity positio…
TheCUBE Research analysts Dave Vellante and John Furrier debated the AI bubble on the latest episode of theCUBE Pod, with Vellante arguing that Nvidia Corp. CEO Jensen Huang's $500 billion commitment …