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Big Tech's AI boom echoes the 1870s railroad expansion, and Nvidia shifting risk to institutional capital may expose investors if revenues fail to materialize
(
stratechery.com
)
12 days ago
AI
Nvidia
Wall Street Giants Partner With Nvidia On $500 Billion AI Financing Deal
(
news.slashdot.org
)
13 days ago
AI
Wall Street
Nvidia
Sources: Apollo, Blackstone, BlackRock, KKR, and other financial groups are partnering with Nvidia on a $500B funding package for AI infrastructure development
(
www.ft.com
)
13 days ago
AI
Nvidia
Sources: AI cloud computing provider Lambda is selling a $917M leveraged loan to finance the purchase of GPUs as part of a contract with Nvidia
(
www.bloomberg.com
)
13 days ago
AI
Nvidia
Sources: Nvidia chips remain the norm for Chinese AI labs training LLMs, as switching from its CUDA platform to Huawei's CANN requires major code rewriting
(
www.scmp.com
)
13 days ago
China
AI
Nvidia
Sources: Nvidia agrees to invest $2B in Lancium, the power infrastructure developer of the Stargate campus in Texas, plus $1B more if it hits certain thresholds
(
www.theinformation.com
)
16 days ago
Nvidia
Texas
Sources: the US Commerce Department's BIS is reviewing how Chinese AI companies access Nvidia chips overseas, including by legally renting foreign data centers
(
www.bloomberg.com
)
16 days ago
China
AI
Nvidia
Sydney-based AI data center company Firmus raised $2B in funding from Coatue, Nvidia, and others at a $10.5B post-money valuation, up from $5.5B in April
(
www.reuters.com
)
17 days ago
AI
Nvidia
Sydney
Sources: Nvidia is considering lower-memory versions of its Rubin Ultra GPU due to potential issues securing enough HBM, and has tested at least three versions
(
www.theinformation.com
)
17 days ago
Nvidia
Ooredoo, Nvidia, Nokia, and Indosat launch Zankore, Indonesia's first dedicated AI compute and neocloud platform; Ooredoo, which owns a 49% stake, commits $800M
(
fortune.com
)
17 days ago
AI
Indonesia
Nvidia
Nokia
Elon Musk says SpaceX has decided to “build exclusively on Nvidia because we think the Vera Rubin architecture is the best architecture”
(
www.businessinsider.com
)
18 days ago
Elon Musk
Nvidia
SpaceX
Alpamayo 2 Super, Nvidia's frontier open reasoning model for robotaxis and AVs, is now available for commercial use under the OpenMDW-1.1 license
(
blogs.nvidia.com
)
19 days ago
Nvidia
Sources: Anthropic agreed to a $10B deal for computing capacity in Norway from Nvidia-backed AI cloud startup Volta; Volta says the deal runs for six years
(
www.bloomberg.com
)
19 days ago
Startup
AI
Nvidia
Norway
Amazon becomes the fifth company to reach a $3T market cap, joining Nvidia, Alphabet, Microsoft, and Apple; its stock closed up 4.58% on Monday
(
www.bloomberg.com
)
20 days ago
Amazon
Microsoft
Apple
Nvidia
Alphabet
A look at Central Asia's emerging data center race, led by Uzbekistan's 6MW TAS-1 due by year-end and Kazakhstan's 125MW facility with 100K Nvidia chips by 2027
(
asia.nikkei.com
)
21 days ago
Asia
Nvidia
Sources: Moonshot has a computing power agreement with Alibaba for the use of ~20K Nvidia chips; some say the deal is for H200 chips, which Alibaba denies
(
www.bloomberg.com
)
23 days ago
Alibaba
Nvidia
Q&A with CuspAI's Max Welling on its AI Materials Foundry, partnerships with Nvidia and others, Geoff Hinton and Yann LeCun joining its advisory board, and more
(
www.ft.com
)
25 days ago
AI
Nvidia
Sources: Moonshot is seeking access to more Nvidia Blackwell chips to prepare for Kimi K4; the Chinese startup trained K3 on Nvidia chips including Blackwell
(
www.theinformation.com
)
27 days ago
China
Startup
Nvidia
Sources: Taiwan detained an Nvidia employee as part of a probe into the alleged smuggling of AI chips into China, after searching his home and office on July 24
(
www.bloomberg.com
)
27 days ago
China
Taiwan
AI
Nvidia
LSEG data: prices for credit default swaps, a closely watched gauge of risk, tied to Oracle, SpaceX, Alphabet, Nvidia, and others rise sharply to record highs
(
www.ft.com
)
27 days ago
Oracle
Nvidia
Alphabet
SpaceX
Sources: Nvidia signs leases worth up to $50B for Hut 8's planned 1GW data center in Texas, hosting hundreds of thousands of chips; Hut 8 didn't name its client
(
www.ft.com
)
27 days ago
Nvidia
Texas
Apple overtakes Nvidia to become the world's most valuable publicly traded company, two years after it lost the crown, closing at a $4.9T market cap on Monday
(
www.nytimes.com
)
27 days ago
Apple
Nvidia
Nvidia, Tech Giants Launch AI Safety Initiative
(
it.slashdot.org
)
27 days ago
AI
Nvidia
Sources: Nvidia has committed to invest $5B in Ilya Sutskever's SSI; the startup has previously raised about $3B in funding and was valued at $32B last year
(
www.bloomberg.com
)
28 days ago
Startup
Nvidia
Nvidia In Talks With OpenAI To Guarantee $250 Billion Financing For Data Center
(
news.slashdot.org
)
28 days ago
Nvidia
Nvidia says it made a “substantial” investment in Safe Superintelligence, which will get access to Nvidia GPUs to up computing power by an “order of magnitude”
(
www.wsj.com
)
28 days ago
Nvidia
Nvidia launches the Open Secure AI Alliance, a coalition with Hugging Face and others to develop and share tools for AI safety and cybersecurity
(
www.reuters.com
)
28 days ago
AI
Nvidia
Sources: Nvidia is in talks to provide a ~$250B backstop for OpenAI as part of a 10 GW data center project that SoftBank is developing in Ohio
(
www.wsj.com
)
28 days ago
Nvidia
Nvidia and SK Group unveil a $500B+ AI initiative that includes an SK Hynix partnership to secure next-gen memory supply for Nvidia and joint development of HBM
(
www.reuters.com
)
30 days ago
AI
Nvidia
Nvidia plans to invest $1B in Naver to help finance an AI data center in South Korea, and partners with SK Group to build more than 2 GW of AI data centers
(
www.bloomberg.com
)
30 days ago
Korea
AI
Nvidia
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