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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...
- 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 eyes $1 trillion in revenue through 2027: What's driving this growth?This signals Huang's confidence that Nvidia will remain the biggest company in the market for AI chips even as competition grows. Investors...
- Nvidia CEO Huang starts keynote at AI megaconference GTCShares of Nvidia - the world's most valuable listed company with a market capitalization of more than $4.3 trillion - were up 2.4% on Monda...
- Nvidia CEO to showcase next-gen AI chip Feynman at developer megaconference GTCNvidia CEO Jensen Huang will unveil the new AI chip Feynman at the company's developer conference. The event will also focus on Groq techno...
- Nvidia to focus on competition-beating AI advances at megaconferenceJensen Huang will unveil Nvidia's AI innovations at its developer conference. The company faces increasing competition from rivals and cust...
- Vista Equity Partners and Intel to lead investment in AI chip startup SambaNova: ReportPrivate equity firm Vista Equity Partners is leading a new funding round of over $350 million in artificial intelligence chip startup Samb...
- OpenAI is unsatisfied with some Nvidia chips and looking for alternatives, sources sayThe ChatGPT-maker's shift in strategy, the details of which are first reported here, is over an increasing emphasis on chips used to perfo...
- Dow Jones Today: Why is Dow down today as the US stock market paused after record highs?Dow Jones Today: U.S. stock market experienced a slight retreat on Friday, December 26, as the initial euphoria of the "Santa Claus rally" ...
- 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 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...
- 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...
- AI chip startup Groq discusses $6 billion valuation: ReportIn August last year, Groq raised $640 million in a Series D funding round led by Cisco Investments, Samsung Catalyst Fund and BlackRock Pri...
- 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...
- Social Capital AI startup deal led Chamath Palihapitiya to fire partnersSocial Capital’s shocking decision to fire the two partners, and the mystery surrounding the circumstances, has transfixed Silicon Valley t...
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