Nvidia to invest $3 billion in SoftBank’s SB Energy
Nvidia is in talks to invest roughly $3 billion in SB Energy, a SoftBank subsidiary building a massive data centre in Ohio for OpenAI, The Information reported. The chipmaker plans to put…
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Institutional investors trim Magnificent Seven holdings in Q2
Nearly 44% of institutional investors trimmed their Magnificent Seven holdings in the June quarter, while 42% added or started positions, according to a Reuters analysis of 13F filings from 6,371 funds. The…
LG partners with Nvidia to build AI robots and self-driving hardware
LG Corp chairman Kwang Mo Koo and Nvidia CEO Jensen Huang signed an MOU at Nvidia's Santa Clara headquarters to collaborate on AI-powered robots, self-driving vehicles, and AI data centres. LG plans…
Nvidia expands AI financing push with $500 billion plan and SpaceX stake
Nvidia is assembling Wall Street lenders to finance up to $500 billion in AI computing deals, The Economic Times reports. Goldman Sachs, Blackstone, Apollo, KKR, BlackRock and Brookfield are involved, but no…
NVIDIA CEO Jensen Huang Dismisses AI Job Bloodbath Fears
NVIDIA CEO Jensen Huang has rejected fears that artificial intelligence will cause mass job losses, telling Y Combinator's Startup School that people confuse tasks with jobs. 'A task is one thing you…
L&T wins Rs 15,000 crore order for India’s largest AI factory
Larsen & Toubro has secured a Rs 10,000-15,000 crore order from US-based Together AI to build what it calls India's largest single-cluster AI infrastructure facility in Chennai. The NVIDIA B300-based AI Factory,…
Norway’s $2.3 trillion fund posts record $185 billion gain, flags AI risk
Norges Bank Investment Management reported a record $185 billion in investment returns for the first half of the year, taking the fund's value to $2.3 trillion. The second quarter alone delivered an…
Nvidia partners with Wall Street giants to raise $500 billion for AI
Nvidia has partnered with six major financial institutions to raise over $500 billion for AI infrastructure. The chipmaker signed memorandums of understanding with Apollo Global Management, BlackRock, Blackstone, Brookfield Asset Management, Goldman…
TSMC July revenue jumps 45% on AI chip demand
Taiwan Semiconductor Manufacturing Co (TSMC), the world’s largest chipmaker, reported July revenue of NT$467.58 billion ($14.5 billion), a 44.7% jump from a year ago, driven by strong demand for AI chips from…
Microsoft may launch Maia 300 AI chip in September to cut Nvidia reliance
Microsoft is reportedly planning to unveil its next-generation Maia 300 AI chip in September, according to The Information. The Satya Nadella-led company wants to reduce its dependence on Nvidia's expensive processors, a…
Ashin Xavier: interesting
IO Repro: Repro test v4 after fix 2 Oct. Safe to trash.
IO Repro: Repro test v3 after fix 2 Oct. Safe to trash.
IO Repro: Repro test after fix 2 Oct. Safe to trash.