nvidia Nvidia CEO Jensen Huang Embraces AI Inference Shift to Protect Chip Dominance Nvidia reports massive quarterly earnings but faces investor concerns about new AI training methods. CEO Jensen Huang insists the company is well-positioned for the growing shift toward AI inference computing.
openai OpenAI Explored Buying AI Chip Startup Cerebras in 2017 Newly released legal filings reveal that OpenAI once considered acquiring Cerebras, a custom AI chip startup currently pursuing an IPO. Co-founder Ilya Sutskever suggests routing the purchase through Tesla, though the deal ultimately falls through.
mozilla Mozilla Foundation Cuts 30% of Staff, Eliminates Advocacy Division The Mozilla Foundation lays off 30% of its workforce and dissolves its advocacy and global programs divisions in its second round of cuts this year. Meanwhile, Nvidia surpasses Apple to become the world's most valuable company.
amazon Amazon Considers Multi-Billion Dollar Anthropic Investment With Chip Catch Amazon is in talks to invest billions more into AI startup Anthropic, but only if the company agrees to use Amazon's custom silicon for training. The deal comes as Anthropic faces massive expenses and seeks new funding at a $40 billion valuation.
nvidia Nvidia Overtakes Apple as World's Most Valuable Company Nvidia surpasses Apple in market capitalization to claim the title of the world's largest company, driven by massive global demand for artificial intelligence hardware.
quantum computing Nvidia and Quantum Machines Leverage AI to Tackle Quantum Calibration Quantum Machines and Nvidia are using reinforcement learning on Nvidia's DGX platform to keep quantum processors calibrated in near real time. This partnership brings the industry a step closer to achieving reliable, error-corrected quantum computers.
nvidia Nvidia Expands AI Footprint in India Through Major Corporate Partnerships Nvidia forms strategic partnerships with Reliance, Tech Mahindra, and other Indian firms to deploy AI chips and develop localized language models. The move signals a shift as India transitions from a software export hub to an AI-driven technology leader.
white house White House Weighs AI Chip Export Caps for Persian Gulf Nations The Biden administration considers restricting advanced AI chip exports from Nvidia and AMD to countries like Saudi Arabia and the UAE over national security concerns. The move reflects growing U.S. efforts to control global AI hardware access.
nvidia Nvidia Stock Hits Record High as AI Chip Demand Skyrockets Nvidia shares close at a record $138.07, pushing the company's market cap to $3.4 trillion. Insatiable demand for AI chips keeps the tech giant firmly ahead of competitors.
poolside AI Coding Startup Poolside Reaches $3 Billion Valuation After $500M Raise Poolside secures $500 million in a Series B round led by Bain Capital Ventures to expand its AI-powered software development platform. The massive investment highlights the surging venture capital interest in generative coding tools.
openai OpenAI Secures Record $6.6 Billion to Reach $157 Billion Valuation OpenAI closes the largest venture capital round in history, raising $6.6 billion led by Thrive Capital. The massive influx of cash aims to fund the company's expensive AI model training and talent recruitment efforts.
blackrock BlackRock and Microsoft Team Up for Massive $30 Billion AI Infrastructure Fund BlackRock and Microsoft are joining forces with MGX to create a $30 billion fund dedicated to building AI data centers and energy infrastructure. Nvidia also lends its expertise to tackle the growing power demands of artificial intelligence.
openai OpenAI Seeks $6.5 Billion at Record $150 Billion Valuation OpenAI is negotiating a massive $6.5 billion funding round led by Thrive Capital, pushing its pre-money valuation to an unprecedented $150 billion. Tech giants Microsoft, Apple, and Nvidia also reportedly join the landmark investment.
magic AI Coding Startup Magic Raises $320M Led by Eric Schmidt and Atlassian Magic, an AI startup specializing in automated code generation, secures $320 million in a major funding round backed by Eric Schmidt and Atlassian. The company also partners with Google Cloud and NVIDIA to build next-generation AI supercomputers.
magic AI Coding Startup Magic Secures $320M From Eric Schmidt, CapitalG Generative AI coding startup Magic raises $320 million in a new funding round led by former Google CEO Eric Schmidt and Alphabet's CapitalG. The company also partners with Google Cloud to build massive next-generation supercomputers for training its models.