Nvidia to invest .5-billion in Taiwan’s MediaTek

Nvidia to invest $3.5-billion in Taiwan’s MediaTek

Nvidia CEO Jensen Huang Nvidia is investing US$3.5-billion in Taiwan’s MediaTek, the latest deal to widen the American chip maker’s financial ties across the AI industry. This week’s move follows Nvidia’s guarantee of up to $105-billion earlier this month for OpenAI’s Ohio data centre lease, and could intensify scrutiny of arrangements in which the chipmaker…

Read More
Nvidia is buying the home of open-source AI

Nvidia is buying the home of open-source AI

Manami Yamada/Reuters Nvidia has agreed to buy Hugging Face, a repository of open-source AI models, for US$12.9-billion, The Information reported on Wednesday (paywall), citing a person with knowledge of the deal. A deal of that size would mark one of Nvidia’s largest acquisitions to date and underscore how the Jensen Huang-led company at the centre…

Read More
Nvidia agrees to .9 billion acquisition of Hugging Face

Nvidia agrees to $12.9 billion acquisition of Hugging Face

Nvidia has agreed to acquire the open-source AI model repository Hugging Face for $12.9 billion, according to a report from The Information. The buyout marks one of the largest acquisitions in Nvidia’s history, signalling CEO Jensen Huang’s confidence that market demand for artificial intelligence infrastructure continues to accelerate. Securing Hugging Face gives the chipmaker strategic…

Read More
Apple knocks Nvidia off its perch

Apple knocks Nvidia off its perch

Incoming Apple CEO John Ternus Apple overtook Nvidia on Friday to become the world’s most valuable company, reshuffling the top ranks of tech heavyweights as investors reassess the outlook for artificial intelligence. Apple was last valued at $4.88-trillion as its shares held steady, while Nvidia was roughly at $4.86-trillion, following a 3.5% decline. The shift…

Read More
Nvidia CPUs to debut in Windows laptops this week

Nvidia CPUs to debut in Windows laptops this week

AI chip firm Nvidia and software giant Microsoft are this week expected to debut the first Windows PCs that use Nvidia’s chips as the main processor, Axios reported at the weekend, citing sources. Nvidia-powered computers are expected both from Microsoft’s Surface brand as well as other computer makers including Dell. Microsoft’s efforts to shift to…

Read More
Nvidia does it again

Nvidia does it again

Nvidia CEO Jensen Juang Nvidia CEO Jensen Huang on Wednesday aimed to assure investors that the world’s most valuable company can keep up its blockbuster growth with the help of a broad base of customers and that new products will help it beat the US$1-trillion in sales it has forecast for its flagship AI chips….

Read More