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Groq targets $650 million fundraise after Nvidia licensing deal: ReportGroq is seeking $650 million from its investors. This comes after a significant $17 billion licensing deal with Nvidia. Groq is now concent...- NVDA stock price: Nvidia earnings beat expectations again but why did NVDA stock slip after hours? Here's what you need to knowNvidia reported strong earnings and revenue, exceeding Wall Street forecasts. The chip giant also announced a significant share buyback and...
- Nvidia stocks jump in pre-trading as CEO Jensen Huang reveals inside information for investors. Details hereNvidia expects revenue of $91 billion, plus or minus 2 per cent, compared with estimates of $86.84 billion, according to data compiled by L...
- Nvidia posts record $81.6 billion 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...
- Google DeepMind hires staff from Contextual AI in licensing deal, source saysGoogle DeepMind is reportedly acquiring over 20 researchers and licensing technology from AI startup Contextual AI for $80 million to $90 m...
- Nvidia's outlook will be a test of its strategy to maintain AI dominanceNvidia anticipates strong earnings but faces new competition in AI chips. Demand is shifting to processors that run AI in real-time, a mark...
- Intel-AMD veterans' Agrani Labs scouts for $100 million to build AI chipAgrani Labs, founded by former Intel and AMD executives, is aiming for a significant $100 million Series A funding. This investment will su...
- 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 $...
- Nvidia's $20 billion Groq deal queried by senators Elizabeth Warren, Richard BlumenthalTwo Democratic senators are probing Nvidia Corp.’s $20 billion licensing deal with AI startup Groq over possible antitrust concerns. Elizab...
- Nvidia to sell 1 million chips to Amazon by end of 2027 in cloud dealNvidia and Amazon Web Services said this week that AWS had reached a deal to buy its 1 million GPUs but had not disclosed the precise tim...
- Nvidia gets Beijing's nod for H200 chip sales, adapts Groq chip for ChinaNvidia licensed technology from Groq, an AI chip startup, late last year in a $17 billion deal and showed a new lineup of products based ...
- Chinese authorities approve Nvidia's H200 AI chip sales, source saysEarlier on Tuesday, Nvidia CEO Jensen Huang said at a press conference in San Jose, California that the semiconductor company had been li...
- Nvidia sales opportunity for Blackwell, Rubin chips more than $1 trillion by 2027Blackwell and Rubin are Nvidia's flagship AI chips and capable of building the large language models that underpin chatbots such as OpenAI'...
- Nvidia restarting manufacturing of China AI chip variant, CEO saysThe company had halted production last year of its H200 chip, which is based on its aging Hopper technology, because of increasing regula...
- Global Market Check | Samsung shares rise 5% after Nvidia's Huang flags tie-up on new AI chipsSamsung Electronics shares saw a significant jump on Tuesday. This surge followed an announcement by Nvidia CEO Jensen Huang. He revealed t...
- Nvidia agrees to buy chip startup Groq's assets for $20 billion: ReportsUnder the arrangement, Groq founder and CEO Jonathan Ross, who was with Google's Tensor Processing Unit, will join Nvidia along with presid...
- Nvidia, joining Big Tech deal spree, to license Groq technology, hire executivesNvidia has licensed chip technology from startup Groq and hired its CEO, a former Google AI veteran. This deal follows a trend of tech gian...
- Groq more than doubles valuation to $6.9 billion as investors bet on AI chipsGroq, founded by a former Alphabet engineer, is among a long list of new chip players looking to capitalise on hundreds of millions of doll...
- Groq eyes $6 billion valuation after $1.5 billion Saudi AI chip dealGroq, a US-based AI chip maker, plans to secure funding. The company aims to raise between $300 million and $500 million. This funding supp...
- AI chip startup Groq valued at $2.8 billion after latest funding roundThe Silicon Valley firm, founded by a former Alphabet engineer, specializes in producing AI inference chips - a type of semiconductor that ...
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