Nvidia Value Nears Apple As Shares Surge

News of xAI's $6bn funding round and plans for Nvidia-powered supercomputer extend rally of Nvidia stock as AI frenzy continues

1 day ago

Musk’s xAI ‘To Build Nvidia Supercomputer’

Elon Musk reportedly tells investors in start-up xAI company wants to build massive Nvidia-powered supercomputer by late next year

2 days ago

SoftBank-Owned ARM To Develop AI Chips

SoftBank-owned UK chip design firm ARM Holdings to develop AI accelerator chips for data centres amidst investment boom

2 weeks ago

Intel Shares Sink As AI Surge Hits Chip Revenue

Intel shares sag after company shares gloomy revenue predictions, as data centre chip demand hit by priority for AI spending

1 month ago

China Tells Telecom Carriers To Phase Out Foreign Chips – Report

Tit-for-tat. Another blow for Intel and AMD in China, after Beijing orders telecom carriers to phase out foreign chips

2 months ago

UK Regulator Flags Competition Risks Of AI Foundation Models

British competition regulator has “real concerns” regarding AI foundation models controlled by small number of firms

2 months ago

Intel Unveils Latest AI Chip To Counter Nvidia

Nvidia AI chip challenger? Intel takes wraps off its latest artificial intelligence chip, called the Gaudi 3 AI accelerator

2 months ago

US Tightens AI Chip Export Restrictions To China

New restrictions online. Export rules of AI chips to China, announced last October, went into force late last week

2 months ago

Nvidia Introduces Next-Generation ‘Blackwell’ AI Chips

Nvidia introduces next-generation AI accelerator chips at GCT 2024 developer conference amidst surge in demand

2 months ago

Nvidia Sued By Authors For Training AI With Copyrighted Works

Authors file class action against Nvidia for allegedly training its NeMo Megatron AI model using pirated books

3 months ago

China Offers Start-Ups AI Computing Vouchers

China government offers start-ups vouchers to defray rising AI computing power costs as US export controls limit access to Nvidia…

3 months ago

Nvidia Shares Close Over $2tn For First Time

Shares of Nvidia close over $2tn for first time after Dell reports surge in demand for AI servers, amidst ongoing…

3 months ago

US SEC Investigates If OpenAI Investors Were Misled – Report

Financial regulator examines internal comms of CEO Sam Altman, after his shock firing for not being “consistently candid in communications”

3 months ago

Nvidia Briefly Surpasses $2tn Valuation On AI Demand

Investors drive Nvidia shares briefly over $2tn after company reveals staggering financial benefits from AI boom

3 months ago

Nvidia Nears $2 Trillion Value, As AI Boosts Profits, Sales

Financial results surpass Wall Street expectations and drive Nvidia's market value close to the $ 2 trillion mark

3 months ago

Intel Signs Microsoft As Foundry Customer

Microsoft will use Intel’s chip contract manufacturing division to manufacture a custom computing chip, chip giant says

3 months ago

Nvidia Now Worth More Than Amazon, Amid AI Chip Demand

Nvidia now worth more than the e-commerce and cloud giant Amazon, thanks to ongoing industry demand for AI chips

4 months ago

OpenAI’s Sam Altman Seeks Trillions To Overhaul Chip Industry – Report

Sam Altman reportedly seeking between $5 and $7 trillion to overhaul semiconductor industry to remove AI chip limitations

4 months ago

Nvidia Business Unit To Develop Bespoke Chips – Report

Nvidia reportedly building a new business unit that will design bespoke chips, utilising advanced AI processors

4 months ago

China Approves More AI Language Models As US Tightens Controls

Chinese regulators have approved more than 40 AI large language models over past six months, as US works to curb…

4 months ago

Chinese Groups ‘Buying Nvidia AI Chips’ In Spite Of Restrictions

Chinese military and research organisations continue to buy small batches of high-end Nvidia AI chips in spite of restrictions, report…

5 months ago

Nvidia Finds Reduced China Demand For Slower Chips

Nvidia sees significantly reduced demand in China for slowed-down chips as it prepares latest line-up to comply with US export…

5 months ago

CES 2024: Nvidia Stock Surges After AI Graphics Card Launch

Nvidia stock closes higher after it launches latest range of graphics cards enabling high-end AI features that run locally on…

5 months ago

EU’s Antitrust Head To Meet Tech CEOs Next Week

Margrethe Vestager to met Tim Cook, Sundar Pichai, Jensen Huang etc to discuss EU digital regulation and competition policy

5 months ago

TSMC Chair Mark Liu To Retire In 2024

TSMC chair Mark Liu to retire from company next year amidst major upheaval as US, Japan, EU seek to diversify…

5 months ago

China Tech Firms ‘Redouble AI Chip Efforts’ After US Curbs

Chinese tech companies reportedly intensify efforts to convince domestic companies to switch from Nvidia AI chips

6 months ago

Nvidia’s Huang Signals Vietnam AI Expansion

Nvidia plans to create local base in VIetnam as country seeks to build out local semiconductor, AI industries

6 months ago

Nvidia To Build Network Of AI Chip Plants In Japan

Nvidia chief Jensen Huang says company to work with local companies to build network of AI chip plants in Japan

6 months ago

Nvidia Promises Japan AI Support Amidst Heavy Demand

Nvidia chief executive Jensen Huang says company will try to prioritise Japan AI requirements amidst heavy worldwide demand

6 months ago

AWS re:Invent: Amazon Announces Two New AI Chips

Amazon Web Services announces the next generation of two AWS-designed chip families, namely the AWS Graviton4 and AWS Trainium2

6 months ago