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NVIDIA AI BUSINESS
Cerebras to supply AI systems to cloud computing startup Gimlet LabsBy Max A.- Cerebras Systems plans to supply AI chips and hardware with capacity to consume roughly 100 megawatts to startup Gimlet Labs to ...
Nvidia approves record $150 billion share buyback plan as AI boom powers cash generationNvidia approved an additional $150 billion in share buybacks, taking its remaining authorisation to $235 billion through fiscal 2028. The r...
ETtech Explainer: All about TakeMe2Space, India’s first orbital computing satelliteThe company’s MOI-1A satellite is scheduled to launch on SpaceX’s Transporter-18 rideshare mission. The sub-50 kg spacecraft will carry Nvi...
Kevin Durant started with a $100,000 investment in this AI startup eight years ago; Nvidia’s $12.9 billion deal could make his stake worth $60 millionKevin Durant placed a $250,000 investment in Hugging Face during its inaugural funding phase, setting the stage for impressive returns. As ...
Trump-Xi state dinner at White House attended by 21 billionaires with combined wealth almost equal to Canada’s GDPOn September 24, US President Donald Trump hosted a high-profile state dinner welcoming Chinese President Xi Jinping. The event saw the pre...
Trump’s dinner for Xi Jinping looks more like a Silicon Valley Summit, but China CEO's are missing; here's the guest listUS President Donald Trump's dinner with Chinese Supremo Xi Jinping is currently the talk of the tech industry as most of the business elite...
SoftBank's growing bets on AI and semiconductor assetsFounder and Chief Executive Masayoshi Son is aiming to establish SoftBank as the world's leading AI platform with investments across the se...
How AMD went from Intel’s smaller rival to a $1 trillion AI contenderAMD achieved a $1 trillion market capitalisation as of September 21. The company’s rise is attributed to its success in AI computing and pr...
China surveys Broadcom switch use in state data centers, FT reportsChinese authorities are examining Broadcom's hardware in state-controlled data centres to enhance domestic production capabilities. This in...
Tech elite's new school aims to replace universityThe most powerful venture capital firm in Silicon Valley is starting a two-year private school for young people intended to replace college...
Nvidia's stock is flashing a warning sign as valuation dropsNvidia Corp's stock currently trades at less than 17 times its projected profit for the upcoming year, marking a notable decline from earli...
With new Macs, Apple aims to take on Microsoft, Nvidia in a rush to lower AI costsApple's upgraded Mac Minis and Mac Studios which can cost nearly $20,000 and handle AI tasks locally will go head-to-head against new deskt...
With new Macs, Apple aims to take on Microsoft, Nvidia in a rush to lower AI costsApple's upgraded Mac Minis and Mac Studios which can cost nearly $20,000 and handle AI tasks locally will go head-to-head against new deskt...
60% of organisations could fail at AI governance if they ignore data culture: GartnerAs companies race to make their data AI-ready, Gartner says cultural resistance and weak business engagement could become a bigger hurdle t...
US Fed, BoE step up scrutiny of bank exposure to trading firms after Jane Street loss: ReportGlobal banks face inquiries from central banks regarding trading firm exposures. The Bank of England and Federal Reserve seek details on ri...
Nebius hikes AI cloud prices again as demand for computing power soarsDemand for computing capacity to train and run AI models is surging; rival CoreWeave said earlier in the day that it is signing contracts a...
Apple considers Nvidia tech for return to server market, The Information reportsApple is developing an enterprise AI server for AI developers, businesses and governments that could come in versions featuring either two ...