Nvidia, OpenAI
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Nvidia Corporation (NASDAQ:NVDA) is facing reported internal pushback on its ambitious $100 billion investment plan in OpenAI, according to a Wall Street Journal report that sent ripples through retail investor communities over the weekend.
Nvidia’s (NVDA) plans to invest up to $100B in Microsoft (MSFT)-backed OpenAI (OPENAI) as part of a blockbuster deal announced last year have stalled after some insiders within the Jensen Huang-led company expressed doubts about the agreement,
The company's hardware, its graphics processing units (GPUs), have become synonymous with AI. Many of the most advanced programs run on Nvidia chips -- so many, in fact, that Nvidia has achieved a market share of 85%.
Multiple class action lawsuits have been filed against CoreWeave (NasdaqGS:CRWV) over allegations that the company misled investors about its AI infrastructure capacity and revenue guidance. In parallel,
Nvidia stock was falling Wednesday as investors reacted to news of increased competition for the chip maker both in the U.S. and China. Nvidia shares dropped 2.9% to $172.61 in early trading. The stock has fallen 4.7% in the past month through to Tuesday ...
NVIDIA’s dominance faces a power squeeze, with roughly 90% of revenue tied to cloud servers. Cloud growth is hitting resource limits
The news pressured Nvidia shares in extended trading. The company responded firmly, denying the claims and emphasizing that China has more than enough domestic chips for all of its military applications.
Cathie Wood’s ARK predicts $800,000 Bitcoin by 2030 while warning Nvidia faces rising AI competition and slower growth ahead.
Nvidia (NVDA) is the global AI chip leader, but word that Google (GOOG, GOOGL) could sell some of its own AI chips to Meta (META) has raised concerns that one of its biggest clients is becoming a major competitive threat. According to a Nov. 24 report by ...
Amid investor frenzy over AI, the ‘anti Silicon Valley’ group chose independence and desire to promote open models