Nvidia takes  billion stake in Synopsys with expanded computing power partnership

Nvidia takes $2 billion stake in Synopsys with expanded computing power partnership

Nvidia on Monday announced it has purchased $2 billion of Synopsys‘ common stock as part of a strategic partnership to accelerate computing and artificial intelligence engineering solutions. As part of the multiyear partnership, Nvidia will help Synopsys accelerate its portfolio of compute-intensive applications, advance agentic AI engineering, expand cloud access and develop joint go-to-market initiatives,…

Read More
Under fire, Nvidia goes to war with its critics

Under fire, Nvidia goes to war with its critics

Dado Ruvic/Reuters Nvidia, the world’s most valuable company, has gone on the defensive against sceptics of its US$4.5-trillion valuation, down from an historic $5-trillion, by waging an information campaign on Wall Street and social media. Last week, the company issued a detailed memo to sell-side stock analysts with a point-by-point rebuttal of claims made by…

Read More
NVIDIA reports record revenue, dismisses AI bubble fears

NVIDIA reports record revenue, dismisses AI bubble fears

Jensen Huang, NVIDIA CEO and co-founder. NVIDIA has entered several key partnerships and shrugged off concerns of an artificial intelligence (AI) bubble as it reports record revenue up 62% from a year ago in its third quarter to end-October. Nasdaq-listed NVIDIA overnight reported revenue of $57 billion (R980 billion) for the period, exceeding analysts’ expectations…

Read More
Nvidia solidifies AI dominance with major South Korea infrastructure deals

Nvidia solidifies AI dominance with major South Korea infrastructure deals

Nvidia is dramatically expanding its presence in South Korea, securing massive deals with the country’s largest companies and the government itself to build out national AI infrastructure. These partnerships underscore the pivotal role Nvidia ‘s hardware plays in global AI ambition. Read: Nvidia becomes first $5-trillion company amid AI boom The collaborations involve the deployment…

Read More
Nvidia becomes first -trillion company amid AI boom

Nvidia becomes first $5-trillion company amid AI boom

Nvidia made history on Wednesday by becoming the first company to reach a market capitalization of US$5-trillion, cementing its position as the undisputed backbone of the global artificial intelligence industry. This stunning rally underscores the company’s swift transformation from a niche designer of graphics chips into a dominant tech giant, and it solidifies CEO Jensen…

Read More
AI and Data Leaders NVIDIA, AMD, Snowflake, and Databricks Invest in Uniphore’s Series F to Accelerate Its Leadership in Business AI

AI and Data Leaders NVIDIA, AMD, Snowflake, and Databricks Invest in Uniphore’s Series F to Accelerate Its Leadership in Business AI

Uniphore, the Business AI company, today announced the close of its $260 million Series F round. NVIDIA, AMD, Snowflake, and Databricks invested in the round and were joined by financial and sovereign investors including NEA, March Capital, BNF Capital, National Grid Partners, and Prosperity7 Ventures. The new capital will accelerate innovation on its AI and…

Read More