Tag: $Nvidia Corp

Nvidia will buy popular developer platform Hugging Face for $12.93 billion, betting that support for open AI models will drive future demand even as its biggest customers develop ​their own chips to reduce reliance on the semiconductor giant.

Shares of MediaTek closed 10% higher on Tuesday after the Taiwanese chip firm announced a partnership with Nvidia, bolstering its push into the data center market.

Amazon and Nvidia just got a lot closer. The two companies announced Wednesday an expanded partnership that includes a deal to add another 2 million Nvidia GPU chips to Amazon’s data centers.

Nvidia on Wednesday forecast a 70% ​jump in revenue next fiscal year, underscoring unabated demand for AI computing, while warning that shortages of memory components would continue to curb how ‌quickly it can expand.

Nvidia has agreed to buy open-source platform Hugging Face for $12.9 billion, The Information reported on Wednesday, citing a person with knowledge of the deal.

SpaceX is using a new partnership with Nvidia to accelerate its plans for artificial-intelligence data centers in space — setting the stage for those to go into orbit as soon as next year.

Some of Nvidia Corp.’s biggest customers have been told that the prices of servers containing its artificial intelligence chips are going up more than 15% in many cases with memory chip costs soaring.

Nvidia is in talks ​to invest in Perplexity as part of an ‌equity funding round that would value the AI startup at more than $30 billion, The Information reported on Sunday, citing people with ​knowledge of the discussion.

Nvidia Corp. is in early discussions with the Korean AI chip designer Rebellions about possible collaborations, including a technical partnership, an investment or perhaps even an acquisition, according to people familiar with the matter.

Small batches of Nvidia’s H200 chips, one ​of the company’s most powerful AI ‌chips, have been allowed to enter mainland China, the Financial Times reported on Tuesday, citing two ​people with knowledge of the matter.

Nvidia has agreed to provide a guarantee of up to $105 billion to help OpenAI lease a sprawling data center in Ohio ​being developed by SoftBank-owned SB Energy, in one of the chipmaker’s largest infrastructure financing commitments.

Nvidia will invest $1.5 billion in SoftBank-backed (T:9984) SB Energy and secure up to 8 gigawatts of AI computing capacity at an Ohio campus being built by the data center developer for OpenAI.

Nvidia is in talks to provide a roughly $250 billion financial guarantee for OpenAI as part of a massive data center project in Ohio, in a deal that would rank among the largest financing arrangements in the artificial intelligence industry, the Wall Street Journal reported on Monday.

Nebius stock surged on Tuesday after Nvidia disclosed a 9.3% stake in the neocloud.

Chinese companies are ditching Nvidia Corp.’s advanced accelerators in favor of domestic silicon, underscoring how tensions with the US are reshaping the AI infrastructure buildout and propelling Beijing’s ambitions to substitute American technology.

Nvidia   is having an underwhelming year so far as investors fret about its biggest customers becoming competitors.

Nvidia has told Chinese clients that its new “Vera” central processors for AI data centres could be available as soon as August and that they can begin placing orders, three sources familiar with the matter said.

A KKR-led group on Thursday launched a new company with more than $10 billion in committed capital to finance ​the build-out of AI infrastructure, the latest effort ‌by an alternative asset manager to capitalize on growing demand for AI services.

 Nvidia on Monday announced a series of deals in South Korea with tech giants including SK Hynix ‌and Naver, as it looks to secure crucial memory chips to power its AI ambitions and entice new customers.

Nvidia’s CEO Jensen Huang hailed this chip designer as the next trillion-dollar firm, sending its shares up sharply in premarket trading Tuesday.