SoftBank invests $1.5 billion in OpenAI, enabling staff to sell shares through a tender offer
OpenAI is inviting employees to sell approximately $1.5 billion in shares in a fresh tender offer to SoftBank. The additional...
Nvidia
China welcomes Nvidia’s stay and pledges to improve environment for foreign companies
China welcomes Nvidia's presence and aims to create a better business environment for foreign companies, its vice minister of commerce...
Elon Musk’s xAI is funding up to $6 billion to acquire 100,000 Nvidia chips for the Memphis data center
Elon Musk's artificial intelligence business, xAI, is funding up to $6 billion at a $50 billion value. According to insiders,...
Following Trump’s election, Nvidia’s market capitalization has surpassed $3.6 billion
Shares of Nvidia outperformed Microsoft shares reached a new high Thursday, becoming the first corporation in history to achieve a...
In addition to Foxconn, 4 companies to build chip factories in Jalisco
According to Antonio Lancaster-Jones Gonzalez, coordinator of Industriales de Jalisco, four international corporations, including Taiwan's Foxconn, would invest in building...
The TSMC prognosis drives up shares of AI chips, and Nvidia sets an all-time high
Nvidia shares hit an all-time high amid a rally in U.S. chip stocks after industry leader TSMC's strong sales forecast...
Nvidia is about to overtake Apple as the world’s most valuable company
With Monday's record-breaking closing prices for its shares, Nvidia became just a few steps away from overtaking Apple as the...
Leading Wall Street banks provide a $650 million credit line to Nvidia-backed CoreWeave
Nvidia-backed artificial intelligence firm CoreWeave, which leases processors to other businesses, said on Friday that it has secured a new...
Nvidia’s mega chip facility in Mexico will be built by Foxconn
Senior leaders of the Taiwanese business said on Tuesday that Foxconn is constructing the largest facility in the world in...
Microsoft and Nvidia support OpenAI in a $6.6 billion funding round
The business that created ChatGPT, OpenAI, collected $6.6 billion from investors, potentially elevating its market worth to $157 billion and...
