NVIDIA is a semiconductor company best known for its GPUs, which are the primary compute hardware for training and running AI models. Its H100 and A100 chips power the majority of AI data centers worldwide.
Nvidia has offered to introduce customers to data center companies in Nordic countries, according to CNBC, as part of its effort to expand its role in the global AI ecosystem. The region's AI infrastr…
Sanja Fidler, former leader of Nvidia's Toronto AI lab, has launched Veeda AI, a startup backed by Radical Ventures and Khosla Ventures, to develop world models for robotics. The company aims to impro…
Nvidia CEO Jensen Huang's net worth has risen by $27.5 billion this year to $182 billion, making him the world's eighth-richest person, according to Bloomberg. The increase is driven by Nvidia's stock…
Marvell Technology shares rose 6% after announcing a deal allowing Alphabet's Google to purchase up to $12.2 billion in Marvell shares, tied to a custom AI chip partnership. The agreement underscores …
Bank of America analysts set a $350 price target for Nvidia (NASDAQ: NVDA), implying the stock trades at up to a 50% discount, despite the shares being at $218. The analysts argue the market is overst…
Bank of America says Nvidia Corp. could be undervalued by up to 50% relative to peers ahead of its August 26 earnings report, with analyst Vivek Arya maintaining a $350 price target. The assessment wa…
Nvidia is certifying Nordic data center operators through its DGX-Ready Colocation Data Center program, turning the region into a hub for AI infrastructure powered by renewable energy and cold climate…
Nvidia CEO Jensen Huang said in a CNBC interview that "nobody uses AI better than Meta," endorsing Meta's AI strategy as the company plans capital expenditures of $125 billion to $145 billion for 2026…
Nvidia is acting as a matchmaker between GPU customers and Nordic data-center operators, leveraging the region's cheap power and available land to fuel an AI infrastructure boom, sources told CNBC. Th…
China is allowing small batches of Nvidia's H200 chips onto the mainland to help domestic AI firms compete with the US, with ByteDance and Tencent each receiving around 10,000 H200 processors, accordi…
Fifteen S&P 500 companies have gained 100% or more this year, driven by the AI boom, with Sandisk leading at nearly 600% amid strong memory chip demand, according to Yahoo Finance analysis. The list i…
Nvidia Corp. is providing up to $105 billion in residual-value guarantees for OpenAI's planned Ohio data center campus, covering an initial 4.25 GW of IT capacity at SB Energy's PORTS-Pike Technology …
Nebius Group is raising $4.5 billion through a private convertible note sale to fund data center expansion and AI platform development, with $2.75 billion in notes due 2030 and $1.75 billion due 2034.…
Marvell Technology announced discussions with Google to develop custom AI, storage, and networking chips, including a Memory Processing Unit and an inference-optimized TPU, with the MPU design targete…
Nvidia and Wall Street firms including Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR are working to raise $500 billion to turn compute into an investable asset class, according to …
Bank of America analyst Vivek Arya said Nvidia's stock is trading at a 40%-50% discount to AI compute peers and a 31%-36% discount to the S&P 500 on an enterprise value-to-free cash flow basis, creati…
OpenAI paused reinforcement learning training on its next-generation model, codenamed Astra, and halted model testing for two weeks following a cybersecurity incident in which an OpenAI-linked AI agen…
Baidu reported second-quarter net profit attributable to shareholders fell 68% to RMB 2.32 billion on revenue of RMB 31.3 billion ($4.6 billion), down 4% year over year, while GPU cloud revenue surged…
Cerebras Systems unveiled its rack-scale CS-4 platform powered by three WSE-3 Turbo chips, claiming performance up to 30 times faster than GPU-based rivals. The CS-4 delivers 750 petaflops of sparse F…
Chinese AI firms have reportedly accessed advanced Nvidia computing power overseas, testing U.S. export controls, and lawmakers are weighing closing the cloud-access gap. The U.S. banned Nvidia's best…