Nvidia is also suspected of violating commitments it made in 2020, the statement said, when it acquired Israeli data center firm Mellanox
Nebius Group, an artificial intelligence (AI) infrastructure company, has recently announced that it has raised $700 million in a private funding round led by Nvidia, venture capital firm Accel, and accounts managed by Orbis Investments, according to a recent report by Reuters.
Nvidia has introduced a new generative AI model, Fugatto, capable of generating and transforming audio, music, and voices based on text and audio prompts. The technology targets industries such as music production, film, and video games, offering advanced tools for creating and modifying audio content, as per an official blog post by Nvidia.
Jensen Huang, CEO of AI chip powerhouse Nvidia, received an honorary doctorate in engineering from the Hong Kong University of Science and Technology (HKUST) during a ceremony held on Saturday.
The US chipmaking giant this week reported record high quarterly revenue on the back of strong AI chip demand, though investors are wary of US-China tensions reheating during a new Trump term.
Nvidia reported quarterly sales of $35.1 billion, some $2 billion more than market expectations.
Nvidia’s highly anticipated Blackwell AI chips are reportedly facing overheating issues, raising concerns about potential delays for customers relying on the technology. According to a report by global news platform The Information, the overheating occurs when the chips are installed in server racks designed to hold up to 72 units.
Facebook and Nvidia are asking the US Supreme Court to dismiss securities fraud lawsuits filed by investors, in cases that could make it harder to hold companies accountable in court. Both tech giants are challenging rulings by a lower court that allowed these lawsuits to move forward, saying the cases don’t meet legal standards.
Nvidia’s stock surged to new heights on Monday, closing at its highest value ever and edging the AI chip giant closer to dethroning Apple as the world’s most valuable company.
Nvidia, a leading player in artificial intelligence, experienced a steep 9.5% drop in its shares on Tuesday, marking the largest single-day loss in market value for a US company. As a result, the company lost $279 billion in market capitalisation.
Nvidia on Tuesday defended its tactics in the hot market for chips to power artificial intelligence in the face of reports the US is probing whether it abused its clout
Nvidia, the leading chip company in the world, has recently been put under investigation by the US Department of Justice over "competition concerns", due to Nvidia's current dominance in the global market and significant role in driving the ongoing AI boom.
Tech companies focusing on AI-related products and services saw a substantial increase in market capitalisation at the end of June 2024. Particularly, success was seen from chipmakers, such as Nvidia, which briefly overtook Microsoft to become the most valuable company in the world.
Nvidia is set to face charges from the French antitrust regulator for alleged anti-competitive practices, as per sources close to the matter. This makes the French regulator the first enforcer to act against the leading computer chip company.
For a few days, AI chip juggernaut Nvidia sat on the throne as the world's biggest company, but behind the its staggering success are questions on whether new entrants can stake a claim to the artificial intelligence bonanza
There is a new winner in the race to become the world’s most valuable company. On June 19, 2024, American tech giant Nvidia surpassed Microsoft to become the company with the highest market cap in the world — an eye-watering $3.34 trillion
Nvidia's stunning surge in market value over the past year has become emblematic of a Wall Street frenzy driven by optimism about emerging AI technology.
Considered one of the biggest technology trade shows in the world, this year's Computex is showcasing tech such as semiconductor chips and gadgets from companies such as Intel, Nvidia, AMD, Asus, MSI, and more. Here is a quick breakdown of some of the gadgets and technology unveiled so far at Computex Taiwan 2024.
Nvidia is releasing a next-generation AI chip platform called Rubin for 2026, as per the company's CEO Jensen Huang in a recent announcement. This will include new graphics (GPU), central processors (CPU), and networking chips.
