OpenAI Raises Stakes for AMD’s Race to Catch NVIDIA
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Elon Musk's xAI is raising more financing than initially planned, including an equity investment from Nvidia , to bring its ongoing funding round to $20 billion, Bloomberg News reported on Tuesday, citing people with knowledge of the matter.
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Sam Altman Is Trying to Manifest a New Nvidia
OpenAI and Advanced Micro Devices announced on Monday a new partnership that would see OpenAI deploy six gigawatts of AMD’s chips over multiple years, starting in the second half of next year. That deal is larger than the $300 billion, 4.5 gigawatt cloud deal OpenAI struck with Oracle earlier this year.
Chipmaker Nvidia's CEO Jensen Huang said that the company will continue to sponsor H-1B visas and cover all associated costs following U.S. President Donald Trump's executive order last month that imposed a $100,
One example of AI factories coming to pass is the British government's goal to expand the country's AI computing infrastructure by 20 times over the next five years. To that end, the U.K. partnered with OpenAI, and in turn, OpenAI enlisted Nvidia to provide as much as 31,000 AI chips.
Nvidia's remarkable earnings growth (with EPS anticipated to increase by nearly 50% this year), its leading role in accelerated computing, and
Elon Musk’s artificial intelligence startup xAI is raising more financing than initially planned, tapping backers including Nvidia Corp. to lift its ongoing funding round to $20 billion, according to people with knowledge of the matter.
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Oracle shares fall on report the company is struggling to make money renting out Nvidia chips
CNBC’s Kristina Partsinevelos joins ‘Halftime Report’ to discuss the latest from a report that Oracle is struggling to make money renting out Nvidia Chips.
Another hotly-tipped potential challenger to Nvidia is Beijing-based Cambricon Technologies. Its Shanghai-listed shares have more than doubled in value over the last three months as investors bet that it will benefit from Beijing's push for Chinese firms to use locally produced high-end chips.
Nvidia CEO Jensen Huang assured employees the company will cover the new $100,000 H-1B visa fee, aiming to ease concerns after President Trump's execu