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Nvidia posts record $81.6 bn quarterly revenue on AI spending boomChip giant Nvidia on Wednesday posted record quarterly revenue of $81.6 billion, blowing past Wall Street forecasts as insatiable demand fo...- From OpenAI to Nvidia, tech firms channel billions into AI infrastructure as demand boomsTech giants are making massive investments in artificial intelligence. CoreWeave and Meta have expanded their cloud capacity agreement to $...
- AI startup Yotta seeks $4 billion valuation ahead of planned IPOThe Mumbai-based company is aiming to secure roughly $500 million to $600 million in capital and then file its formal listing documents wit...
- Canada's BCE to invest $1.7 billion in Saskatchewan AI data centreCanadian telecom firm BCE will invest an additional $1.7 billion to build a massive 300-megawatt AI data centre in Saskatchewan. Cerebras a...
- From OpenAI to Nvidia, firms channel billions into AI infrastructure as demand boomsMajor technology companies are investing billions in artificial intelligence, cloud computing, and chip manufacturing. These significant de...
- US Stocks: CoreWeave shares slump 15% as doubling capital expenditure sparks margin concernsShares of CoreWeave slumped around 15% on Friday, after the company's plans to double capital expenditure this year stoked investor concern...
- US Stocks: AI cloud firm Nebius posts surge in capex on GPU, data center expensesNebius Group reported a sharp rise in quarterly capital spending on Thursday, driven by purchases of artificial intelligence processors and...
- AI cloud firm Nebius posts surge in capex on GPU, data centre expensesNebius Group significantly increased spending on AI processors and data centres. This move aims to meet high demand for their cloud service...
- Nvidia invests $2 billion in CoreWeave, expands partnershipNvidia is investing $2 billion in CoreWeave, which is set to focus on expanding their AI infrastructure and computing power.
- ETtech Explainer: What’s Nvidia's Rubin platform, and why it matters for AIThe Rubin platform moves Nvidia from a seller of powerful GPUs to delivering fully integrated AI computing systems. Rubin is made up of six...
- From OpenAI to Nvidia, firms channel billions into AI infrastructure as demand boomsNvidia has agreed to license technology from AI startup Groq for use in some of its artificial intelligence chips, marking the chipmaker's ...
- Nvidia share price: NVDA stocks fall big even after big H200 AI chips development. What to know?Nvidia has told Chinese clients it is evaluating adding production capacity for its powerful H200 AI chips after orders exceeded its curren...
- AI's $400 billion problem: Are chips getting old too fast?In pursuit of the AI dream, the tech industry this year has plunked down about $400 billion on specialized chips and data centers, but ques...
- From OpenAI to Google, firms channel billions into AI infrastructure as demand boomsGlobal tech companies are pouring billions into artificial intelligence infrastructure. Google will invest $40 billion in Texas data center...
- Nvidia CEO Jensen Huang completes $1 billion share saleNvidia CEO Jensen Huang has sold over one billion dollars in company shares. This sale concludes a large pre-planned divestment. The chipma...
- CoreWeave stock rises fast with AI growth and Microsoft support, but faces risks from share sales and big dealCoreWeave's stock is rising due to high demand for AI computing. Microsoft's investment is a key factor. Wall Street expects CoreWeave to r...
- Alphabet's CapitalG, Nvidia in talks to fund Vast Data at up to $30 billion valuationAlphabet's CapitalG and Nvidia are in talks to invest in Vast Data in a new funding round that could value the startup as high as $30 billi...
- Nvidia software aims to create marketplace for AI computing powerNvidia cloud vice president Alexis Bjorlin said that despite demand surging for chips at startups and large companies, the process of findi...
- Nvidia's AI chip demand still booming but slowing sales growth worries investorsNvidia, the world's most valuable firm, predicted its slowest revenue growth in seven quarters, falling short of investor expectations. Des...
- Oracle spending 'billions' on Nvidia chips this year: Chairman Larry EllisonOracle is buying huge numbers of graphics processing units (GPUs) designed to crunch that data for AI work.
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