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 CEO Jensen Huang announced a partnership with six Wall Street asset managers—Apollo Global Management, BlackRock, Blackstone, Brookfield Asset Management, Goldman Sachs, and KKR—to mobilize ove…
Stocks traded higher on Wednesday after the Consumer Price Index report showed inflation moderated in July, with the Nasdaq Composite leading major indexes as technology stocks gained. Nvidia rose 2% …
Super Micro Computer Inc. (SMCI) shares rose about 9% in after-hours trading on August 11 to $31.60 after the company issued fiscal 2027 revenue guidance of $65 billion to $72 billion, far exceeding W…
Nebius Group's stock surged 18% on May 13 after the European cloud provider reported first-quarter revenue of $399 million, an eightfold increase year-over-year, beating estimates and outperforming pe…
Super Micro Computer Inc. shares rose about 9% in premarket trading after the AI-server manufacturer reported fiscal fourth-quarter revenue of approximately $11.1 billion and non-GAAP gross margin of …
Michael Burry, the investor famed for betting against the 2003 housing bubble, recommended on X that readers revisit 'The Smartest Guys in the Room,' the 2003 book about Enron's collapse, writing 'His…
Nvidia has partnered with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR to raise $500bn (£370bn) for AI infrastructure, marking the first time investors treat AI hardware as an asse…
Anthropic, the AI safety company behind the Claude model, is likely to select EY as its external financial auditor because Deloitte, PwC, and KPMG have commercial partnerships with Anthropic that crea…
Nvidia and six financial partners are creating a $500 billion investment pool to help customers, including frontier AI labs and AI clouds, buy its chips on credit. The company also open-sourced its cu…
Nvidia is developing Nemotron 4, an open-weight model family with at least one trillion parameters, aiming to compete with the best freely available models, according to The Information. The company h…
Nvidia announced on Monday partnerships with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR to establish AI compute infrastructure financing platforms aiming to mobilize over $500 b…
Meta released Muse Glimmer on August 10, a 30-billion-parameter open-weight model for local agentic workloads under an Apache 2.0 license. Meta says quantized variants can fit within a 24 GB or 32 GB …
Meta and Nvidia are intensifying efforts to compete in the open-weight AI model market, where Chinese labs currently lead. Meta released Llama 3.1, an open-weight model, while Nvidia introduced Nemotr…
Foxconn, the world's largest electronics contract manufacturer and supplier to Nvidia, reported a 35% increase in second-quarter net profit to just under 60 billion Taiwan dollars, beating analyst exp…
Nvidia released the Nemotron-3.5-lightning-30B-a3B model, a 30-billion-parameter AI model with 3 billion active parameters, designed to run on a single GPU. The model is available via Nvidia's NIM API…
CoreWeave (CRWV) reported a second-quarter net loss of $1.14 per share, narrower than the 60-cent loss a year earlier, while revenue topped estimates on strong demand for AI computing infrastructure. …
Nvidia is partnering with Wall Street on a $500 billion AI financing package, according to analyst Jay Goldberg of Seaport Global Securities, who discussed the deal on the Prof G Show. The episode als…
IBM signed a $240 million multi-year deal with Together AI to rent Nvidia HGX B300 servers via IBM Cloud, with deployments starting in Q1 2027. IBM Cloud General Manager Alan Peacock said the infrastr…
Dow Jones futures rose slightly early Wednesday ahead of the July CPI inflation report, while S&P 500 and Nasdaq futures also gained. Nvidia partners Lumentum, Super Micro Computer, and CoreWeave repo…
Tencent reported Q1 2026 revenues of RMB 196.5 billion, up 9% year-over-year, while core operating profits rose 17% to RMB 84.4 billion, as the company's AI capital expenditure hit RMB 31.9 billion. M…