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.
SpaceX acquired AI coding startup Cursor for $60bn in an all-stock deal, as its market valuation surged past Amazon to $2.75 trillion following a record-breaking IPO. The acquisition aims to combine C…
Subquadratic released SubQ 1.1 Small, a sparse attention model that achieves near-perfect long-context retrieval up to 12 million tokens with up to 1,000x compute reduction. The model balances long-co…
HoYoverse's Zenless Zone Zero version 3.0 launches on Steam today, June 16, introducing DLSS 4.5 and Ray Tracing after Nvidia showcased a comparison video. The update includes new content like the sky…
The combined market capitalization of the ten largest US-listed companies has reached approximately $25.3 trillion, surpassing China's nominal GDP of $20.85 trillion. Led by Nvidia, Apple, and Alphabe…
Nvidia is backing Hydra Host, a startup that raised $100 million in Series A funding to build a marketplace for renting GPU capacity, effectively commoditizing Nvidia's own chips. The company, founded…
Startup Tensordyne claims its new Napier AI chip, using logarithmic math to replace multipliers with adders, can run large language models four times faster using one-fifth the power of a comparable N…
Rackspace Technology shares surged 30% on June 16 after signing a definitive agreement with AMD to deploy 30 megawatts of AMD-based AI compute capacity across its global data centers through 2028. The…
Zhongji Innolight, the world's largest optical transceiver maker, is seeking a secondary listing in Hong Kong that could raise up to $7 billion, driven by surging AI infrastructure demand. The company…
Nvidia announced a $25 billion bond offering across seven tranches maturing between 2028 and 2056, with yields up to 5.625%. The deal tightens spreads and marks a major financing event for the AI chip…
Gavin Baker, managing partner and CIO of Atreides Management, says the AI bottleneck trade is losing its edge as supply constraints ease, forcing investors to rethink what has lasting value in AI infr…
Nvidia's Vera Rubin NVL72, announced at CES and detailed at GTC, promises up to 10x lower cost per token than Blackwell, but the headline figure depends on ideal conditions: mixture-of-experts models,…
Anthropic's new AI model, Mythos, autonomously discovered over 2,000 previously unknown software vulnerabilities across all major operating systems in seven weeks, developing working exploits without …
SpaceX made its $60bn acquisition of Anysphere, the startup behind AI coding tool Cursor, official in a Tuesday SEC filing. The all-stock deal comes days after SpaceX's record IPO and aims to bolster …
Oracle is considering divesting its Oracle Health (Cerner) unit to fund a $156 billion AI infrastructure commitment for OpenAI and other contracts, as the company faces a liquidity crisis with $124 bi…
Dell Technologies raised its full-year AI server revenue guidance to roughly $60 billion after booking $24.4 billion in new AI orders in Q1, with shares surging up to 40% in after-hours trading. A $1.…
SpaceX has agreed to acquire AI coding startup Cursor for $60 billion in stock, days after its historic IPO. The deal aims to bolster SpaceX's AI division, which has faced controversies and restructur…
Chinese electric-vehicle makers are designing their own smart-driving chips to reduce reliance on Nvidia and Horizon Robotics. Li Auto unveiled the Mach M100 5nm AI chip with 1,280 TOPS, while BYD deb…
Apple announced its third generation of Apple Foundation Models at WWDC26, comprising five models built on Google's Gemini foundation but retrained with Apple's own data, weights, and guardrails. The …
Goldman Sachs raised its price target for Taiwan Semiconductor Manufacturing Co. (TSMC) by 35% to NT$2,330, citing surging AI chip demand. The bank expects TSMC to achieve 30% revenue growth in 2026 a…
Nvidia is reportedly considering a $4 billion investment to build a large AI-focused data center in Romania, according to local reports. The company has evaluated potential sites in southern and south…