Tag: nvidia
Elon Musk’s xAI, Nvidia announce 500 MW AI project for Saudi Arabia| Business News
Elon Musk said his xAI artificial intelligence startup plans to develop a 500 megawatt data center in Saudi Arabia with the kingdom’s state-backed AI venture…
Microsoft, Nvidia, Anthropic announce new AI deal amid fears of a bubble| Business News
Microsoft, Nvidia and Anthropic have formed an alliance, with Anthropic committing $30 billion to Azure for its Claude AI models. Dario Amodei, CEO and co-founder…
Peter Thiel’s fund sells entire Nvidia stake amid fears of an AI bubble| Business News
A hedge fund of Peter Thiel, the first outside investor in Facebook and leader of the “PayPal Mafia”, has sold off all its holdings in…
SoftBank offloads entire Nvidia stake for $5.8 billion in surprise move| Business News
SoftBank Group Corp. sold its entire stake in Nvidia Corp., pocketing $5.8 billion ahead of a rash of planned investments by founder Masayoshi Son to…
Nvidia joins India Deep Tech Alliance as group secures $850 million in new capital| Business News
Nvidia Corp. has joined Indian and US investors backing deeptech startups in the country that’s home to the world’s largest internet population outside of China….
Jensen Huang net worth tops $180 billion as Nvidia becomes $5-trillion company| Business News
The surge in the stock of Nvidia Corp. has not only made it the first $5-trillion company in the world, but also propelled Jensen Huang’s…
Nvidia becomes first $5-trillion company as AI boom powers meteoric rise| Business News
Nvidia Corp. has become the first company to achieve a market capitalisation of $5 trillion, powered by a stunning stock rally that has cemented its…
Nvidia picks up billion-dollar stake in Nokia as AI push deepens| Business News
Nvidia Corp. has decided to make a billion-dollar investment in Nokia Oyj, as the world’s most-valued company looks to spread its AI net far and…
Apple market cap tops $4 trillion for first time as iPhone 17 gains offset AI pain| Business News
Apple Inc.’s market capitalisation has topped the $4-trillion mark for the first time, as surging demand for its iPhone 17 models offset feard of slow…
Qualcomm share price soars after taking aim at Nvidia with new AI chips| Business News
Qualcomm Inc. has kicked off its biggest share-price rally since 2019 after unveiling chips and computers for the lucrative AI data centre market, aiming to…