11 articles found

Nvidia became the first company worth $5 trillion after its stock jumped nearly 5%. The rise came from strong AI chip sales, new deals, and big investments in OpenAI and Intel.
A MONTH AGO

US chipmaker Nvidia is investing $1 billion for a 2.9% stake in Nokia as part of a new partnership to develop AI-powered 5G and 6G technologies. Nokia shares surged nearly 20% following the announcement. Nvidia will buy a 2.9% stake in Nokia for $1B, forming a strategic alliance to develop 5G, 6G, and AI networking solutions, boosting Nokia’s AI, cloud, and data center capabilities.
A MONTH AGO

The company unveiled on Friday the first US-made Blackwell wafer, produced at TSMC's semiconductor manufacturing facility in Phoenix, as demand for AI chips accelerates.
A MONTH AGO

BlackRock, Nvidia, Microsoft, and MGX will acquire Aligned Data Centers from Macquarie for $40 billion, expanding AI infrastructure across the Americas. The deal underscores tech giants’ race to secure computing power for artificial intelligence growth
A MONTH AGO
OpenAI is partnering with Broadcom to develop custom AI chips, aiming to boost performance and reduce reliance on standard processors. This move supports growing AI demands despite financial concerns and energy challenges.
A MONTH AGO
The United States cites national security concerns, such as the risk of giving China a military advantage, as the reason for the block, a geopolitical bind that shows no sign of easing.
2 MONTHS AGO

US technology company Nvidia and Fujitsu, a Japanese telecommunications and computer maker, agreed Friday to work together on artificial intelligence to deliver smart robots and a variety of other innovations using Nvidia's computer chips.
2 MONTHS AGO
, and the foreign exchange rate between US dollar and South Korean won, in Seoul, South Korea. (AP).jpg)
Asian stocks were mixed, rising in Australia and South Korea but falling in Hong Kong and Shanghai. Wall Street hit record highs, boosted by Nvidia’s AI deal, Oracle’s leadership changes, and major acquisitions by Pfizer.
2 MONTHS AGO

Nvidia will invest $100 billion in OpenAI to expand its AI computing infrastructure, including at least 10 gigawatts of data centers, starting in 2026. This partnership, alongside investments from Microsoft and others, aims to enhance ChatGPT’s capabilities.
2 MONTHS AGO