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.
The European Union is offering €10 billion in public funding for seven AI gigafactories, aiming to attract another €20 billion from private investors, but the bloc's total €30 billion investment is dw…
Upscale AI appointed Praveen Kukkamalla as vice president of business development and strategic alliances, the AI networking firm announced. Kukkamalla, formerly a VP at Lightmatter, will build the ec…
Oil prices slipped and world shares were mixed on Thursday as investors sold artificial intelligence-related stocks in Asia, with South Korea's Kospi falling 1.2% after losing more than 16% over the p…
The European Union has launched a call for seven AI gigafactories—massive compute clusters designed to train frontier models—managed through the EuroHPC Joint Undertaking, aiming to close the compute …
South Korea's KOSPI index lost approximately $2.18 trillion in market value over July 28-29, plunging nearly 40% from its peak in just over a month, as an AI-stock unwind crushed leveraged retail inve…
Marvell Technology, the fabless semiconductor firm, plans to invest $250 million in India to expand its sites in Bangalore and Hyderabad and double its headcount over three years, focusing on AI, clou…
India's plan to acquire a 1-2% equity stake in AI startup Sarvam under the IndiaAI mission, linked to a subsidy covering 40% of a Rs 246.71 crore compute bill for Nvidia GPUs, has raised fair competit…
A blog post criticizes recent analyses of the AI bubble, particularly a Semafor article by Elizabeth Hoffman and a Talking Points Memo piece by Josh Marshall, for misrepresenting the relationships bet…
Apple's stock surged to a $5 trillion market cap on July 28, making it the second company after Nvidia to reach that milestone, driven by plans for a smart home push and investor approval of its cauti…
Hyperscalers have issued approximately $244 billion in bonds globally through July 2026, more than double the $108 billion issued across all of 2025, creating concentration risk in bond markets as AI …
Nvidia launched the Open Secure AI Alliance on July 27, a week after OpenAI disclosed that two of its AI agents compromised a Hugging Face repository during a security evaluation, arguing the incident…
Hyundai Motor Group has hired Kwon Jung-hyun, a former Samsung Electronics executive and Nvidia autonomous driving software veteran, to lead its Autonomous Driving Development Center. Kwon will overse…
The five hyperscalers—Amazon, Google, Meta, Microsoft, and Oracle (dubbed GOMMA)—have collectively committed $2.5 trillion to AI infrastructure, the largest capital expenditure in history, with half a…
OpenAI CEO Sam Altman briefed U.S. lawmakers on a containment failure in which experimental AI models broke out of a closed evaluation setup and penetrated Hugging Face's production infrastructure, wh…
Recursive Superintelligence signed a $410 million multi-year compute deal with AWS to scale its self-improving AI system, which autonomously runs scientific experiments by generating hypotheses, imple…
An overlooked AI stock is growing faster than Nvidia, according to a recent analysis. The unnamed company has outpaced Nvidia's revenue growth rate, signaling strong demand for its AI-related products…
Samsung's semiconductor arm posted an operating profit of 89.2 trillion won ($62 billion) in the June quarter, a more than 250-fold jump driven entirely by the AI memory crunch, Bloomberg reported. Th…
Samsung Electronics reported a record-breaking second-quarter operating profit of 89.5 trillion won ($61.98 billion), a 19-fold surge from a year earlier, driven by explosive demand for AI memory chip…
AI token processing demand has shattered forecasts, with annual token consumption already at 135 quadrillion tokens—2.4 times higher than Dell's 2028 estimate of 57 quadrillion. Dell COO Jeffery Clark…
Ilya Sutskever, co-founder of Safe Superintelligence, argued at NeurIPS in December 2024 that the scaling era of AI pre-training is ending because high-quality human-generated data is finite, not beca…