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.
Cargo theft losses hit roughly $725 million in 2025, a 60% jump from the prior year, with organized rings using armed hijackings to steal servers, Nvidia chips, and other AI hardware, according to sup…
River AI, founded by Igor Babuschkin, raised $1.1 billion in a seed/Series A round led by General Catalyst and AMP PBC, less than four months after incorporation. The round also included Nvidia, AMD V…
Chinese AI start-up ModelBest has begun its pre-IPO tutoring process, hiring Citic Securities to guide preparations for a mainland China listing, with a mandatory tutoring period of at least three mon…
Fox News contributor and former U.S. Secretary of Labor Eugene Scalia argues that the AI-driven infrastructure boom, including the $500 billion Stargate project and Micron's $250 billion investment, i…
Nvidia Corp. is leveraging its more than $80 billion cash pile to finance AI infrastructure, announcing a plan to bring in at least $500 billion in outside capital from firms including Apollo, Blackst…
The Chinese government blocked Meta's $2 billion acquisition of AI agent startup Manus, forcing it to spin off and delete user data created during Meta's brief custody, according to the National Devel…
SK hynix will hold a groundbreaking ceremony for its $3.87 billion semiconductor packaging plant in West Lafayette, Indiana, on Aug. 27, according to industry sources. The facility will produce high b…
Discovered Materials, a Y Combinator P26 startup founded by Advaith and Akash, has released hundreds of new materials discovered by frontier AI models and a benchmark for material discovery, aiming to…
Mistral announced three steps to advance AI sovereignty, including generally available Regional Endpoints for inference in Europe or the US, a new Priority Tier with SLA-backed service levels, and pla…
Foxconn's net profit rose 35% to NT$59.97 billion in the June quarter, beating forecasts, as AI server demand kept factories busy. Revenue climbed to NT$2.526 trillion, with cloud and networking produ…
Taiwan's Foxconn, the world's largest contract electronics maker, reported a 35% rise in second-quarter net profit to NT$59.97 billion (US$1.86 billion), beating analyst estimates, driven by strong de…
Hyundai Motor Group is rapidly integrating AI across its offices, factory floor and customer service, with its generative AI platform H Chat Pro reaching approximately 30,000 users, or 80 percent of o…
Super Micro Computer forecast fiscal first-quarter revenue of US$14.5 billion to US$15.5 billion, topping the highest analyst estimate of US$13.3 billion, as demand for AI servers surges. The San Jose…
Elon Musk told SpaceX employees in an all-hands meeting that AI revenue will exceed all other SpaceX revenue by September, and will significantly exceed it in the fourth quarter. Musk said SpaceX will…
Modular shipped Mojo 1.0, the AI-focused programming language, on August 12, 2026, promising a stable 1.x lifecycle with primarily additive changes. The release comes two weeks after Qualcomm complete…
Nvidia's credit default swap (CDS) spreads rose to 82 basis points in late July before easing to 72.11 basis points by August 11, signaling increased perceived credit risk tied to its AI-driven financ…
CoreWeave's second-quarter revenue more than doubled to $2.58 billion, beating analyst estimates, as CEO Michael Intrator said near-term capacity is 'effectively sold out' and the company's revenue ba…
Big Tech's trillion-dollar AI infrastructure investments are yielding little return, with the industry facing a potential write-down if scaling laws plateau, according to an analysis of the sector's c…
Nvidia and six financial partners — Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR — announced a $500 billion investment pool to help customers, including frontier AI labs, enterpri…
Nvidia and six financial partners — Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR — announced a fund of more than $500 billion in third-party capital to finance AI infrastructure, …