Wall Street firms are loaning billions to a handful of tech companies that have used Nvidia's AI-enabling chips as collateral, the FT reported.
ToplineArtificial intelligence kingpin Nvidia became the largest company in the world Monday, surpassing iPhone maker Apple, marking another feather in the cap for the Silicon Valley titan Nvidia. Key FactsNvidia’s market capitalization rose to $3.
Nvidia hasn't reported its third quarter update as yet, but it's nonetheless the clear winner of the megacap earnings season and stands poised to reap billions in spending on new AI technologies and infrastructure over the coming years.
Until then, however, Nvidia remains the king of the AI revolution. While it currently sells for roughly 34 times next year's sales, Nvidia's long track record of success, industry dominance, and entrenched position make it the name to beat.
NVDA's recent market outperformance suggests investors are getting pumped for its upcoming earnings release. I argue why NVDA's medium- and long-term prospects look increasingly enticing.
Nvidia announced that its Nvidia AI Blueprint will make it easy for developers in any industry to build AI agents to analyze video and image content.
Cerebras’ WSE-3 has 4 trillion transistors, and staggering amounts of on-chip memory. It has around 9,000 cores, for an estimated 125 petaflops capacity. We reported a while ago on these types of enormous multicore engines, where the hardware is physically large – measured in inches, rather than centimeters.
More than a half-dozen prominent billionaire investors are selling shares of Wall Street darling Nvidia in favor of two rapidly growing artificial intelligence (AI) stocks.
The European Union has tossed a wrench in the works of chipmaker Nvidia's proposed acquisition of Tel Aviv-based AI workload management startup Run:ai.
Nvidia CEO Jensen Huang reassured the audience at the company's October AI Summit in Mumbai last week that artificial intelligence (AI) won't completely replace human workers. While acknowledging AI's ability to significantly enhance productivity ...
Masayoshi Son believes artificial superintelligence will be achieved in 2035, and will require huge spending by companies to get there.