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AI a 'fire accelerator' for Big Tech antitrust abuses, international regulator warns
Powerful AI systems “will make all the problems only worse,” said Andreas Mundt, who cited fears that users won’t be able to avoid Big Tech platforms in favor of alternative...
After surpassing Microsoft, can chipmaker Nvidia remain world's most valuable company?
Nvidia recently surpassed Microsoft to become the world's most valuable company. Can it continue?
Stock market could drop 5% or more before end of 2024: Wall Street analyst
CFRA Research's chief investment strategist said a tech-driven recent rally of share prices could come to an end after data for June showed that Americans were feeling gloomy about the...
AI chipmaker Nvidia surpasses Apple, Microsoft to become world's most valuable company
The latest uptick pushed Nvidia’s market cap to a whopping $3.33 trillion. Microsoft fell to second place with a valuation of $3.32 trillion, followed by Apple at $3.28 trillion.
Elon Musk's AI startup plans to build multibillion-dollar supercomputer in Memphis
Musk and his team at xAI have been in talks with officials in Memphis since March about construction of a facility that would house a data center.
AI chipmaker Nvidia surpasses Apple as second-most valuable company in the world
The latest rally in Nvidia comes as it prepares to split its stock ten-for-one, a move that could increase its appeal to individual investors.
Elon Musk diverts Nvidia AI chips booked for Tesla to X, xAI: report
Musk said earlier this year Tesla was increasing the number of Nvidia's most advanced chips it has deployed and will spend $10 billion on AI this year.
AI darling Nvidia's market value surges closer to Apple
Nvidia's shares rallied around 6% to hit a record high on Tuesday, leaving the AI chipmaker's stock market value about $100 billion away from overtaking Apple in a major reshuffle...
Nvidia's shares soar after blowout earnings as booming AI demand fuels chip sector rally
Expectations were high for Nvidia with its shares trading near record highs in the run-up to earnings.
Nvidia shares jump past $1,000 after AI chip maker unveils stock split, rosy sales forecast
Alphabet, Microsoft, Amazon and other technology companies have competed for a limited supply of Nvidia's high-end chips as they race to dominate AI computing.
How Nvidia co-founder plans to turn Hudson Valley into a tech powerhouse greater than Silicon Valley
Curtis Priem, 64, donated more than $75 million so that RPI could obtain the computer, which was manufactured by IBM, the Wall Street Journal reported. RPI is said to be...
Elon Musk's xAI could be valued at more than $20B after heavy demand in first funding round: sources
Musk is asking xAI investors to wire money in Thursday and Friday to close xAI's first round of funding, a source who is investing in the round said.
Microsoft readies new AI model to compete with Google, ChatGPT owner OpenAI: report
Microsoft has been setting aside large cluster of servers equipped with Nvidia's graphic processing units along with large amounts of data to improve the model, according to the report.
Taiwan earthquake will disrupt chipmakers that supply Apple, Nvidia: analysts
The island plays an outsized role in the global chip supply chain as it is home to the world's largest chipmaker Taiwan Semiconductor Manufacturing, which supplies chips to Apple and Nvidia.
Nvidia CEO Jensen Huang unveils game-changing AI chip as firm looks to solidify dominance
Nvidia said major customers, including Amazon, Alphabet's Google, Meta Platforms, Microsoft, OpenAI, Oracle and Tesla, are expected to use the new chip.
Fracturing 'Magnificent Seven' trade puts spotlight on megacap valuations
Diverging fortunes for the massive technology and growth names that have propelled the U.S. stock market higher are throwing a spotlight on their pricey valuations. The so-called "Magnificent Seven" are...
Nvidia board members sell nearly $300M of AI chipmaker's surging stock
Longtime Nvidia board member Tench Coxe sold 200,000 shares on March 5 at $850.03 to $852.50, according to a regulatory filing.
Nvidia CEO predicts AI will be able to pass 'every single test' in five years, as firm hits $2T milestone
As of now, AI can pass tests such as legal bar exams, but still struggles on specialized medical tests such as gastroenterology.
How $68B AI king who spoke no English and worked at Denny’s may eclipse Elon Musk as one of world's richest men
The Silicon Valley CEO is worth almost $70 billion but scrubbed toilets at school on his way to the top.
Dow jumps 450 points and S&P 500 hits record high, powered by AI darling Nvidia
The Dow breached 39,000 points for the first time.