Chip maker Nvidia will invest up to US$100-billion in OpenAI, marking a tie-up between two of the highest-profile leaders in the global artificial intelligence race. Companies worldwide are pouring hundreds of billions of dollars into securing and expanding capacity for powerful cloud computing required to develop and power complex AI technology. The two companies signed…
Nvidia will invest up to $100 billion in OpenAI as the artificial intelligence lab sets out to build hundreds of billions of dollars in data centers based around the chipmaker’s AI processors, the companies said on Monday. OpenAI plans to build and deploy Nvidia systems that require 10 gigawatts of power, the companies said on…
ChapGPT parent OpenAI is set to receive up to $100 billion in investments from chip giant Nvidia, helping cement the two firms as leaders in the race to build artificial intelligence systems that could transform the economy and society. The companies said the move will enable OpenAI to expand the fleet of data centers it…
People visit a Huawei booth during the World Artificial Intelligence Conference in Shanghai, China, in July 2025. Go Nakamura/Reuters Huawei said on Thursday it will roll out four new iterations of its Ascend AI chip over the next three years, breaking years of secrecy to reveal its chip-making progress and ambitions to compete against Nvidia…
Dado Ruvic/Reuters Nvidia has announced it will invest US$5-billion in Intel, throwing its heft behind the struggling US chip company weeks after the White House engineered a deal for the US government to take a massive stake in the company. Nvidia’s support represents a new opening for Intel after years of turnaround efforts at the…
Nvidia said it will invest $5 billion in Intel as part of a deal to co-develop data center and PC chips with the troubled chipmaker, which took on the U.S. government as an investor last month. Nvidia is investing its stake at a price of $23.28 a share, a release from the company said. Intel…
Nvidia CEO Jensen Huang. Kent Nishimura/Reuters Nvidia CEO Jensen Huang on Wednesday dismissed concern about an end to a spending boom on artificial intelligence chips, projecting opportunities will expand into a multitrillion-dollar market over the next five years. Huang sought to reassure investors rattled by indications of slowing growth at the chip maker at the…
European markets opened higher Wednesday as traders gear up for a quarterly earnings report from chipmaker Nvidia. The Nasdaq-listed stock has become a bellwether for the global technology sector, particularly regarding the progress of the artificial intelligence boom, as its major corporate customers include Microsoft, Google, Meta and Amazon. Its value has soared in recent…
A wobble in US technology shares has raised the stakes for Nvidia’s quarterly results on Wednesday, with earnings from the semiconductor giant posing a crucial test for the scorching AI trade. The heavyweight tech sector slumped 1.6% on the week after a huge run for the group, dragging on key indexes. The sector’s weekly decline…
Nvidia and AMD have reportedly agreed to give the U.S. government 15% of the revenue from the sale of their advanced AI chips to China. This comes as the Trump administration recently reversed a ban, allowing sales of chips like Nvidia’s H20 to resume. Read: Bandwidth Blog & Smile 90.4FM Tech Tuesday: iPad Pro and…
