Tag: nvidia
Nvidia says working with Foxconn to introduce AI in manufacturing lines| Business News
Nvidia Corp. is working with Hon Hai Precision Industry Co. (Foxconn) to bring AI to the factory floor and manufacturing, CEO Jensen Huang’s son Spencer…
Nvidia’s upbeat revenue forecast, Jensen Huang soothe fears of an AI bubble| Business News
Nvidia Corp. delivered a surprisingly strong revenue forecast and pushed back on the idea of an AI bubble, easing concerns that had spread across the…
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…