‘The race is on’ for AI: Nvidia CEO bullish as Q2 revenue tops estimates
Nvidia shares soared nearly 10% in after-hours trading, as the company beat Wall Street analyst expectations by more than $2 billion.
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Nvidia drops new AI chip expected to cut development costs
Nvidia, the current market leader for semiconductor chips, revealed its latest chip designed to run large-scale AI systems and is expected to cut costs of LLMs.
Inflection AI raises $1.3B in funding led by Microsoft and NVIDIA
The company has raised $1.525 billion in funding since its inception last year.
AMD reveals new AI chip challenging Nvidia's dominance
With its CDNA architecture and 192GB memory capacity, the MI300X by AMD accommodates larger AI models.
AI demand briefly catapults Nvidia into $1 trillion club
Nvidia share prices have more than tripled since October last year as demand for AI tech surges.
Nvidia introduces AI supercomputer to create ChatGPT successors
The company behind the world’s most powerful chip for developing AI tools revealed more AI-powered products including an AI supercomputer platform.
Nvidia cites limited visibility into crypto mining's impact on Q2 results
Nvidia's CFO said falling crypto prices and changes in consensus mechanisms have in the past impacted demand for its products and the company's ability to estimate it.
Nvidia ups its metaverse bet with new developer tools
The Nvidia Omniverse is launching a series of new tools for creators and developers in digital worlds to make life in the metaverse more realistic.
Nvidia to pay $5.5M as part of SEC case concerning 'inadequate disclosures' around crypto mining
"All issuers, including those that pursue opportunities involving emerging technology, must ensure that their disclosures are timely, complete and accurate," said Kristina Littman.
Nvidia hackers selling software unlock for graphics card crypto mining limiters
The hacking group is holding Nvidia to ransom demanding that it unlocks hash rate limiters on its high-end graphics cards.