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.
Nasdaq and S&P 500 traded near the flatline while Dow Jones declined, as AI optimism lifted semiconductor stocks after Bloomberg reported Anthropic's second-quarter revenue surged 14-fold. Sandisk ros…
Nvidia announced on August 17 that it will invest $1.5 billion in SB Energy and provide credit support for the first 4.25 IT-gigawatts of the PORTS-Pike Technology Campus in Ohio, where OpenAI will be…
Nvidia will invest $1.5 billion in SB Energy, a SoftBank Group subsidiary building a data center in Ohio for OpenAI, marking a direct capital injection into AI infrastructure. The equity deal gives Nv…
Nvidia is negotiating a direct investment of up to $3 billion in SB Energy, the SoftBank subsidiary developing a 10-gigawatt AI data center campus in Pike County, Ohio, for OpenAI. The investment is s…
European Central Bank researchers warned on August 17 that a stock market correction is likely, drawing parallels to the dot-com bubble and highlighting €440 billion in euro-area household exposure to…
Fewer than 50 engineers worldwide, including nine at Sheffield-based consultancy Amodo Design, are working full-time on AI verification tools to enable a slowdown of the AI race, a response to a July …
Global chip stocks lost about US$3 trillion in market value after Chinese AI models Kimi K3 by Moonshot AI and Qwen3.8-Max by Alibaba Group Holding were released, despite unverified benchmarks, signal…
Micron Technology Inc. (MU) shares crossed the $1,000 level in premarket trading on Monday, marking the first time since July 6, and are up 240% year to date. The rally is driven by strong demand for …
Wispr AI, the company behind the AI dictation tool Wispr Flow, is in talks with Menlo Ventures to raise approximately $260 million at a $2 billion valuation, nearly tripling its $700 million valuation…
A European Central Bank blog post warns that a sharp correction in U.S. technology stocks is likely, leaving Europe exposed due to €440 billion in household holdings of the Magnificent Seven (Alphabet…
Nvidia disclosed in an August 14 regulatory filing that it owned 122.76 million class A shares of SpaceX worth close to $21 billion at the end of June, making the rocket company its second-largest rep…
Nvidia has partnered with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR to establish financing platforms aimed at mobilizing more than $500 billion in third-party capital for AI in…
Nvidia has pre-booked TSMC's 1.6-nanometer A16 process capacity for its second-half 2028 Feynman GPUs, locking up advanced packaging and silicon photonics to deny rivals the manufacturing capacity nee…
Big Tech's AI spending is significantly understated on balance sheets due to hidden costs in energy infrastructure, talent acquisition, and operational inefficiencies, according to an analysis of the …
Stripe finalized a deal to acquire AI gateway startup OpenRouter for over $7 billion, up from a $1.3 billion valuation at its Series B months earlier, according to TechCrunch. OpenAI disbanded its pre…
Epic Games confirmed during an Ask Me Anything session on its Epic Games Store community Discord server that a Linux version of its storefront is coming, potentially removing the need for third-party …
Chinese hedge funds Wealspring Asset and Shanghai Banxia Investment Management Center are rotating out of Nvidia and US hyperscalers Microsoft, Amazon, Alphabet, and Meta, calling the AI trade a 'supe…
Microsoft has roughly 2.2 million AI chips installed in its global datacentres, far below the 1.8 million chips it reportedly targeted for the end of 2024 and less than half of what some experts expec…
Madison Huang, a senior director at Nvidia and daughter of CEO Jensen Huang, will visit LG Electronics' robotics hub in Korea on Tuesday for closed-door talks on AI infrastructure and robotics partner…
China's top-ranked hedge fund managers, including Perseverance Asset Management International, cut holdings of Nvidia and US hyperscalers in the second quarter, with Perseverance slashing its Nvidia p…