GPU shortages curtailed HPE’s first-quarter revenue, CEO says
The company missed revenue expectations, posting a 14 percent decline in last quarter
News - The Investment & Markets Channel, NVIDIA
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Nvidia hits $2 trillion market cap, propelled by AI data center growth
As GPU business continues its meteoric rise
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Nvidia data center revenues up 409%, AI earnings beat Wall Street expectations
The most important company in generative AI proved naysayers wrong
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AI chip maker Graphcore in talks over £400m sale
UK semiconductor company has struggled to find investment
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Lambda Labs closes $320m Series C funding round
Brings company’s valuation to $1.5bn
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GPU cloud company Together AI to raise $100m
Investment will see company’s valuation hit $1bn
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Nvidia CEO Jensen Huang predicts data center spend will double to $2 trillion
Or about three H100 GPUs
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Nvidia plans custom chip venture, pitches product to Amazon, Meta, Microsoft, Google, and OpenAI
Could also build custom telecoms, automotive, and video game chips
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AMD data center segment sets internal revenue records, as GPU sales exceed expectations
Business unit posted sales of $2.28bn in the last three months
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15% of Nvidia's Q3 revenue came from Singapore
How come the tiny city-state only lags the US, Taiwan. and China?
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Nvidia revenues up 206% from last year on generative AI boom
Company's Q3 FY2024 results released
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Cannabis company merges with GPU hosting company HyperScale Nexus
Even cannabis companies are hopping on the AI hype
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Gas-burner Crusoe borrows $200 million to buy Nvidia GPUs
Plans to use them to run AI workloads at oil wells
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Lambda Labs close to raising $300 million for AI cloud
Would value GPU business at $1.5 billion
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OpenAI considers making its own AI chips, acquiring hardware business
As it looks to reduce its reliance on Nvidia
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Arm IPOs on Nasdaq, chip designer's share price immediately jumps
The largest IPO since 2021
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Amazon, Intel, Apple, Nvidia, Alphabet, and Samsung in talks to invest in Arm's $60 billion IPO
Big tech looks to keep the chip designer neutral
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AI-focused GPU-cloud company CoreWeave raises $2.3bn in debt from Magnetar Capital, Blackstone, & DigitalBridge
Cashing in on generative AI hype for a large expansion
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Nvidia in talks to invest in AI cloud company Lambda Labs
As GPU maker supports non-hyperscale cloud businesses
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Arm in talks with Nvidia to be IPO anchor investor
It failed to acquire the chip company, so may have to settle for some equity
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Nvidia acquires OmniML for AI Edge workloads
Quietly picked up the startup early this year
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Generative AI company Inflection AI raises $1.3bn from Microsoft, Bill Gates, Eric Schmidt, & Nvidia
DeepMind cofounder raises money from Nvidia to spend on Nvidia
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Microsoft signs multi-billion dollar deal with GPU cloud provider CoreWeave to meet AI needs
Microsoft is now a multi-cloud user
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Nvidia becomes a $1 trillion company on the back of AI explosion
Or, at least, the expectation of an explosion