Nvidia Is Reportedly in Talks to Buy the Open-Source AI Lab It Already Backs for $25 Billion
Nvidia already owns a slice of Reflection AI. Now it's reportedly talking about owning a lot more of it, in…
TeckHustlers desk
Tag: Nvidia
OpenAI’s Revenue Is $20 Billion Short of What Got Reported, and Oracle Just Paid for It
The Financial Times reports OpenAI's annualized revenue was nearing $50 billion at the end of September, about $20 billion below…
GlobalFoundries Just Signed a $2 Billion Deal With TSMC to Build AI Chip Parts in New York
GlobalFoundries signed a $2 billion, five-year deal to make silicon interposers for TSMC's AI chip packaging at its Malta, New…
Biren Just Tapped Investors for the Third Time This Year, Even as Its Stock Craters
Bloomberg reports Biren, the Chinese GPU maker racing to rival Nvidia, is raising about $515 million in a new share…
Nvidia Is Putting Up to $1 Billion Into an AI Coding Startup You’ve Probably Never Heard Of
Nvidia is reportedly planning to invest up to $1 billion in Poolside, an AI coding startup, in a deal that…
Lambda Is Raising $4 Billion at a $14.5 Billion Valuation, and Anthropic Is Half the Reason Why
Lambda, the Nvidia-backed AI compute provider, is reportedly raising up to $4 billion at a $14.5 billion valuation ahead of…
Microsoft’s Biggest Windows Event in Two Years Happens Today, With Jensen Huang on Stage
Microsoft is holding its biggest Windows and Surface event in two years today, with Nvidia's Jensen Huang on stage to…
A Robotics Startup Backed by Nvidia and Bill Gates Is Reportedly Raising $700 Million
Field AI, which builds foundation models meant to work as a universal "brain" for different robot bodies, is reportedly in…
A Tech Company Owner Is Accused of Smuggling $300 Million in Nvidia Chips to China
Federal prosecutors charged a California tech company owner with routing more than $300 million worth of export-controlled Nvidia servers to…
Amazon Wants Investors to Buy Its Nvidia Chips So It Can Keep Using Them
Amazon is reportedly exploring an $8 billion deal that would shift ownership of its newest Nvidia AI chips to outside…