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NVIDIA CHIP ACQUISITION
Tech companies tap debt, equity to fund AI and cloud expansionMajor tech giants like Alphabet and Amazon are gearing up for significant debt offerings aimed at bolstering their AI capabilities. Meanwhi...- Satya Nadella reinvented Microsoft with the cloud - now, can his AI strategy make it more valuable than Apple by 2027Microsoft, under CEO Satya Nadella, is aiming to strengthen its AI growth story amidst rising competition. The company is moving from fixed...
- ETtech Explainer: Multi-billion dollar global battle for AI controlChipmaker AMD announced on Monday that it is buying World Labs for $8.2 billion. This comes on back of Nvidia acquiring Hugging Face for $1...
- 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...
- 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...
- 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 ...
- 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...
- 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.
- South Korean shares turn lower as chipmakers fall ahead of earningsSouth Korean shares turned lower on Monday as chipmakers fell. Samsung Electronics and SK Hynix declined ahead of their earnings reports. N...
- Apple chasing AI chip company deals, The Information reportsApple is reportedly exploring acquisitions of chip companies to enhance its AI server processors. The tech giant faces performance challeng...
- US Senator Warren voices concern over Nvidia's acquisition of SlurmSenator Elizabeth Warren has raised concerns regarding Nvidia's acquisition of SchedMD. This move potentially grants Nvidia significant con...
- Nvidia acquisition of SchedMD sparks worry among AI specialists about software accessNvidia last December announced it would acquire SchedMD, giving it control of open-source software called Slurm, which schedules computing ...
- AMD chief executive to unveil new AI chipsAMD CEO Lisa Su will unveil the MI400 AI chip series Thursday in San Jose, detailing plans to rival Nvidia with annual releases, improved s...
- China opens investigation into Nvidia over potential antitrust violationsThe inquiry, a rare move by Beijing, comes a week after the Biden administration expanded curbs on the sale of advanced U.S. technology to ...
- ChatGPT-owner OpenAI is exploring making its own AI chipsOpenAI, the company behind ChatGPT, is considering developing its own artificial intelligence chips and has even evaluated potential acquis...
- SoftBank's sale of Arm Ltd to Nvidia collapses, Arm to IPO: sourceThe buyout is also under the scrutiny of British and EU regulators amid concerns that it could push up prices and reduce choice and innovat...
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