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UK-based AI data center startup Nscale has raised $2 billion in a new funding round, pushing its valuation to $14.6 billion amid a global AI infrastructure boom.
Oracle and OpenAI have canceled plans for a major AI data center expansion in Texas, opening the door for Meta and Nvidia to enter into new negotiations.
Nvidia has reportedly stopped production of its H200 AI chips for China, shifting focus to its next-gen Vera Rubin platform amid tightening U.S. regulations.
Nvidia announced it will now include stock-based compensation in its adjusted profit metrics, a move that aligns its reporting with most of its Big Tech peers.
Market analyst Jim Cramer challenges the notion of an AI-driven economic collapse, calling recent fears overblown despite market volatility. He argues economic data contradicts predictions of mass une
Nvidia has reported a staggering $120 billion in annual profit, driven by the surging demand for its artificial intelligence chips from major tech companies.
AMD has secured a multibillion-dollar deal with Meta, offering the social media giant an equity stake of up to 10% in exchange for a major AI chip purchase.
OpenAI is facing a critical shortage of computing power as its ambitious 'Stargate' supercomputer project with Microsoft has reportedly stalled, forcing a search for alternatives.
Despite Big Tech's plans to spend over $600 billion on AI, Nvidia's stock has stalled as investors weigh concerns over valuation and market saturation.
Nvidia has filed a motion to dismiss a lawsuit from authors, arguing they have not provided concrete proof that their pirated books were used to train its AI models.
Nvidia briefly surpassed a $5 trillion valuation in October, driven by an 81% market share in data center AI chips and a 12-fold stock surge since late 2022. The company projects $500 billion in reven
OpenAI is reportedly seeking alternatives to Nvidia's AI chips, citing dissatisfaction with inference performance. The company has already secured deals with AMD and Broadcom to develop custom AI acce
