In its first corporate bond offering in five years, Nvidia plans to raise $20 billion
According to a source who spoke to Reuters on Monday, Nvidia plans to raise $20,000 million through a bond issue...
AI
According to the CEO of Nvidia, robotics will be the next big industry in South Korea
On Friday, during his second visit to South Korea in seven months, Nvidia CEO Jensen Huang declared that robotics would...
SpaceX will receive $920 million a month from Google in return for processing power
The aerospace company SpaceX announced an agreement with Google on Friday under which the search engine company will pay $920...
After Samsung and Micron’s AI chip explosion, SK Hynix joins the trillion-dollar club
Thanks to the AI-driven boom, SK Hynix's market value crossed $1 trillion for the first time on Wednesday. Joining rivals...
Elon Musk’s lawsuit against OpenAI is dismissed
In Elon Musk's case against OpenAI, a U.S. jury found on Monday that the artificial intelligence firm is not accountable...
Meta will increase safety precautions for Facebook users in the US and minors in Europe
As regulators put pressure on the US tech giant to better protect youth online. Meta announced on Tuesday that it...
Microsoft and OpenAI amend their agreement to enable the firm to draw in Amazon and other investors
Microsoft and OpenAI have renegotiated an agreement that gives Microsoft the only right to sell the AI models created by...
Nvidia’s $5.3 trillion valuation sets a record
With shares ending close to their session highs and marginally increasing in after-hours trading, Nvidia's market value hit $5.26 trillion...
China prevents Meta from acquiring Manus, a Chinese-founded AI business
China has moved to block Meta’s $2 billion acquisition of Chinese-founded artificial intelligence startup Manus. A decision that reflects Beijing’s...
Foxconn’s first-quarter revenue soars, but the company warns of geopolitical risks
Due to the robust demand for artificial intelligence goods, Foxconn, the largest Taiwanese contract electronics manufacturer in the world, reported...
