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NVIDIA ACQUISITION
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 ...- 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...
- ETSA winner Theranautilus heads to human trials; JSW One’s IPO plansHappy Friday! Theranautilus is set to begin human trials of its nanorobot-based dental tech soon. This and more in today’s ETtech Morning D...
- Tata Sons should commit to long-delayed IPO after RBI setback, proxy adviser saysInGovern Research Services advises Tata Sons to prepare for a stock market listing. The Reserve Bank of India rejected the company's bid to...
- UPI MDR explained; AI leaders split on slowing downUPI’s new MDR framework will change how large merchant payments are charged. This and more in today’s ETtech Top 5.
- Ooredoo-backed Zankore secures $3.1 billion financing for Nvidia AI cloud platformZankore has successfully obtained a notable loan facility intended for infrastructure development. This funding will facilitate the purchas...
- Anthropic drops pursuit of AI startup Decart valued at $6 billionAnthropic has decided not to pursue an acquisition of artificial intelligence startup Decart AI, Bloomberg News reported on Monday, citing ...
- Nvidia buying artificial intelligence platform Hugging Face for $13 billionJensen Huang wrote in a blog post Thursday that more than 18 million developers, researchers and creators use Hugging Face to share more th...
- Hugging Face, the French start-up that became AI's warehouseHugging Face, the artificial intelligence platform US chip giant Nvidia is buying for $12.9 billion, is a French success story -- founded b...
- Musk’s $60 billion Cursor bet has an Indian link: Meet 26-year-old Aman Sanger caught in Sam Altman feudAman Sanger, the 26-year-old co-founder of AI coding startup Cursor, is at the centre of Elon Musk’s $60 billion SpaceX acquisition. Born t...
- Who is Aman Sanger? How the 25-year-old Indian-origin entrepreneur became one of the youngest billionaires after Elon Musk’s SpaceX acquired his AI startup Cursor for $60 billionAman Sanger, an entrepreneur is pivotal in SpaceX's transformative $60 billion deal to acquire Anysphere, the innovator of the AI coding pl...
- Anthropic planned, then abandoned $7 billion purchase of MatXThe merger talks, which a third person said have evolved into a discussion about a partnership, underscore the AI lab's ambition to secure ...
- Nvidia agrees to buy Hugging Face for $12.9 billionNvidia has agreed to buy AI platform Hugging Face for $12.9 billion, The Information reported on Wednesday, citing a person with knowledge ...
- AMI’s Nvidia chip bet; Groww’s new growth playHappy Wednesday! AMI has ordered 9,000 Nvidia Vera Rubin chips, becoming one of Asia’s first such adopters. This and more in today’s ETtech...
- Goldman in talks with investors on Nvidia financing deal after landing prized roleNvidia announced on August 10 it has partnered with six major financial institutions including Goldman to launch compute platforms aimed at...
- Goldman Sachs taps investors for Nvidia’s $500 billion AI financing pushGoldman Sachs is negotiating with investors for Nvidia's massive AI financing initiative. U.S. insurers and money managers will likely form...
- Anthropic in talks to buy startup Decart AI for $6 billionDecart’s software can reduce the cost of training artificial intelligence models by helping chips work more efficiently. That technology co...
- AMD deepens AI inference bet with Taalas deal as chip race heats upToronto-based Taalas develops specialized silicon designed to reduce computing and memory bottlenecks in AI inference, the process of run...
- Nvidia bets on Sarvam AI; Sidbi eases fund rules for VCsHappy Wednesday! Sarvam’s Pratyush Kumar has confirmed adding Nvidia to the AI startup’s captable. This and more in today’s ETtech Morning ...
- Nykaa’s strong Q1; Activate backs SarvamNykaa reported strong quarterly growth, on the back of healthy sales across its businesses. This and more in today's ETtech Top 5.
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