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.
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.
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 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.
Nvidia's $3.3 trillion market value makes it the second-largest public company, but Meta Platforms and Alphabet could be worth more in a few years. Meta Platforms is the second-largest adtech company, and investments in AI are boosting engagement across ...
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 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.
Shares of AMD dropped after its third-quarter earnings call. CEO Lisa Su said that gaining trust in the GPU market takes time.
Nvidia has announced that it has helped Elon Musk’s xAI expand its Colossus supercomputer, the largest AI training cluster in the world.
Samsung declared progress in supplying AI memory chips to Nvidia Corp., seeking to reassure to investors who fear the company is falling further behind SK Hynix Inc.