NVIDIA Posts Record $68B Quarter but Shares Fall 4%
NVIDIA hit record Q4 revenue of $68.1B and a $78B Q1 outlook, yet shares fell 4% on capital and competition fears.
MatX Raises $500M to Build AI Chips That Beat Nvidia
MatX raises $500M to build the MatX One chip, targeting 10x better LLM performance than Nvidia, shipping in 2027.
Meta and AMD Strike Multi-Year 6GW AI Chip Deal
Meta and AMD sign a 6GW AI chip deal worth $100B, with AMD granting Meta warrants for a 10% stake.
OpenAI Sets $600B Spend Plan With $280B Revenue Target 2030
OpenAI trims 2030 compute spend to $600B, projects $280B revenue, and nears a $100B+ funding round at $850B valuation.
Meta and NVIDIA Sign Multi-Year AI Infrastructure Deal
Meta and NVIDIA form a multi-year deal to power AI data centers with Blackwell, Rubin GPUs and Grace CPUs.
AWS, OpenAI Announce 38 Billion Dollar AI Partnership
AWS and OpenAI partner for 38 billion dollar deal to scale AI infrastructure with hundreds of thousands of NVIDIA GPUs.
Nvidia $1 Billion Investment Accelerates Nokia AI-RAN and 6G Push
Nvidia invests $1B in Nokia to advance AI-native mobile networks, boost 6G innovation, and reshape telecom AI infrastructure globally.
Qualcomm Challenges Nvidia with New AI Data Center Chips
Qualcomm launches AI200 and AI250 chips for data centers, targeting Nvidia's dominance with efficient AI inference technology.
Nvidia to invest $100 billion in OpenAI for AI data centers
Nvidia will invest $100 billion in OpenAI to build 10 GW AI infrastructure as demand for computing grows in the race for superintelligence.
Samsung Electronics Stock Soars on AI Demand Surge
Samsung Electronics' stock hits a three-year high, driven by a 15-fold increase in Q2 profit forecast, fueled by AI demand.
Nvidia Becomes World’s Most Valuable Public Company
Nvidia surpasses Microsoft to become the most valuable public company, driven by AI chip dominance and rapid stock gains.
Mistral AI Raises €600M to Challenge U.S. AI Giants
Mistral AI raised €600 million, valuing the French startup at €5.8 billion, aiming to challenge U.S. AI giants like OpenAI.