AI Stocks Lead Nasdaq Higher as Dow Falters
A surge in AI stocks led by Nvidia and Amazon pushed the Nasdaq higher, while the Dow Jones fell amid mixed economic signals and corporate deal news.
#Stock Market#Artificial Intelligence#Nvidia
#Nvidia
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OpenAI Inks $38 Billion Cloud Deal with Amazon Web Services
OpenAI and Amazon Web Services have announced a multi-year, $38 billion partnership, providing the AI company with massive cloud computing resources to power its models.
#OpenAI#Amazon Web Services#Artificial Intelligence
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Cisco Unveils Unified Edge for AI at the Edge
Cisco Systems unveils Unified Edge, an all-in-one server rack designed for deploying AI in retail, healthcare, and factories. It combines chips, storage, networking, and security, simplifying AI infer
#Cisco#AI#Edge Computing
US Approves Advanced Nvidia AI Chip Exports to UAE
The U.S. government has licensed Microsoft to export advanced Nvidia AI chips to the UAE, unlocking a planned $7.9 billion investment in the region's tech infrastructure.
#Microsoft#Nvidia#Artificial Intelligence
Microsoft Secures $9.7B AI Cloud Deal with IREN
Microsoft has finalized a $9.7 billion, five-year agreement to purchase AI cloud capacity from IREN Ltd., aiming to bolster its Azure services amid high demand.
#Microsoft#Artificial Intelligence#Cloud Computing
Nvidia's $400 Billion Week Signals Major AI Push
Nvidia's market value surged by nearly $400 billion in one week after CEO Jensen Huang unveiled a series of major AI partnerships across multiple industries.
#Nvidia#Artificial Intelligence#Jensen Huang
Nvidia CEO Uncertain on China Sales After Trump-Xi Summit
Nvidia CEO Jensen Huang expressed uncertainty about resuming advanced AI chip sales to China following a summit between President Trump and Xi Jinping.
#Nvidia#US-China relations#Semiconductors
AI•
Nvidia Inks Major AI Chip Deal with South Korea
Nvidia will supply over 260,000 advanced AI chips to the South Korean government, Samsung, and LG, bolstering the nation's goal of achieving sovereign AI.
#Nvidia#Artificial Intelligence#South Korea
OpenAI's Circular Deals Fuel AI Ambitions
OpenAI is using a series of complex, circular financial deals to fund its massive AI infrastructure, receiving billions from partners and then paying it back for services.
#OpenAI#Artificial Intelligence#Microsoft
Tech Giants' AI Spending Creates Self-Sustaining Economy
Tech giants like Meta, Microsoft, and Google are fueling a massive AI spending boom, creating a self-sustaining economic cycle that benefits both chipmakers and traditional industries.
#Artificial Intelligence#Tech Giants#Economic Impact
Nvidia Explores Up to $1 Billion Investment in Poolside
Semiconductor giant Nvidia is reportedly considering an investment of up to $1 billion in Poolside, an AI startup focused on software development tools.
#Nvidia#Artificial Intelligence#Venture Capital
Nvidia Plans Significant Investment in AI Startup Poolside
Nvidia Corp. plans to invest up to $1 billion in AI startup Poolside, potentially quadrupling its valuation to $12 billion, marking a significant move in the AI sector.
#Nvidia#AI Startup#Poolside