nvidia Nvidia Surpasses Apple to Become Second Most Valuable Company Globally Nvidia briefly crosses a $3 trillion market valuation, overtaking Apple to claim the spot as the world's second-largest public company behind Microsoft. The massive milestone reflects insatiable corporate demand for its AI training chips.
elon musk Musk Diverts $500 Million in Nvidia AI Chips From Tesla to X Internal Nvidia emails reveal Elon Musk redirected a massive shipment of AI processors originally reserved for Tesla to his social media company X. The diversion delays Tesla's supercomputer setup by months and directly contradicts Musk's public statements about the automaker's AI spending.
nvidia Nvidia Leads AI Chip Market Despite Rising Competitor Threats Nvidia controls up to 95% of the AI chip market with massive sales growth and high profit margins, but faces emerging competition as the industry shifts toward deploying models.
nvidia Nvidia Announces 10-for-1 Stock Split Following Tripled Revenue Nvidia reports massive first-quarter revenue growth driven by AI demand and announces a 10-for-1 stock split. The company holds a dominant market share in data center GPUs as artificial intelligence spending continues to surge.
nvidia Nvidia Revenue Surges 262% as Tech Giants Snap Up AI Chips Nvidia reports record $26 billion quarterly revenue driven by massive demand for its artificial intelligence data center chips. The company forecasts continued growth with the upcoming launch of its new Blackwell processor line.
nvidia Nvidia Surpasses $1,000 Mark After Smashing Q1 Earnings Expectations Nvidia stock crosses the $1,000 threshold in extended trading as the chipmaker reports massive first-quarter earnings that beat Wall Street estimates. The company also announces a 10-for-1 stock split and strong forward guidance fueled by relentless AI demand.
nvidia Nvidia Announces 10-for-1 Stock Split After Record AI Revenue Nvidia reveals a 10-for-1 stock split to make shares more accessible to retail investors and employees. The move accompanies a staggering 262% surge in first-quarter revenue driven by massive artificial intelligence demand.
nvidia Nvidia Nears $1,000 Mark as History Hints at Upcoming Stock Split Nvidia approaches a $1,000 share price, leading to speculation about a potential stock split announcement during its upcoming May 22 earnings call. Historical patterns from a similar 2021 split suggest investors are watching closely for a possible move.
wayve Wayve Secures $1.05 Billion for Embodied AI Self-Driving Tech British autonomous driving startup Wayve raises $1.05 billion in a Series C round led by SoftBank, with major participation from Nvidia and Microsoft. The massive investment highlights growing confidence in embodied AI technology for navigating unpredictable physical road environments.
wayve UK Startup Wayve Secures $1.05 Billion to Expand AI Self-Driving Tech Wayve raises a record-breaking $1.05 billion led by SoftBank to advance its self-learning autonomous driving system. The company plans to sell its hardware-agnostic AI platform to various automakers and robotics firms globally.
coreweave AI Cloud Provider CoreWeave Hits $19B Valuation After $1.1B Raise CoreWeave secures $1.1 billion in new funding, boosting its valuation to $19 billion amid massive demand for AI-focused GPU infrastructure. The startup plans to rapidly expand its data center footprint to compete with major cloud providers.
coreweave Crypto Miners Turned AI Cloud Giants: Inside CoreWeave's $19 Billion Rise CoreWeave, a cloud computing startup founded by former commodities traders, raises $1.1 billion at a $19 billion valuation by providing specialized GPU infrastructure for generative AI.
coreweave AI Cloud Provider CoreWeave Hits $19 Billion Valuation After New Funding Nvidia-backed cloud startup CoreWeave raises $1.1 billion, reaching a $19 billion valuation as demand for AI computing resources soars.
amd AMD Unveils New Processors to Power Next-Generation AI PCs AMD introduces new chips designed specifically for AI-enabled personal computers as it competes against Nvidia and Intel for market leadership. The company expects widespread adoption of these AI PCs to accelerate during the second half of 2024.
nvidia Nvidia Targets Healthcare Industry With New AI Partnerships and Tools Nvidia expands into the healthcare sector through new partnerships with Johnson & Johnson and GE Healthcare, alongside the launch of two dozen AI-powered medical tools. Industry experts note that generative AI offers tangible benefits for drug discovery and medical technology.