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Nvidia CEO Jensen Huang pushed back against AI safety doomsayers at a Goldman Sachs conference, reaffirming strong demand and a 70% revenue growth target for next year. Huang also spotlighted Nvidia'…
Nvidia slipped below its 20-day moving average after reports emerged that the U.S. DOJ is intensifying antitrust scrutiny over its deal with AI startup Groq. Heightened regulatory headwinds introduce…
Ramp data revealed top corporate AI spenders trimmed per-employee AI outlays by 10% in August, raising questions about infrastructure demand. Concurrently, investor Michael Burry closed his long-date…
Nvidia completed its $12.9 billion acquisition of Hugging Face, tightening its grip on open-source AI model distribution. However, concerns remain regarding platform neutrality and potential conflict…
Nvidia participated in a record €3 billion funding round for French startup Mistral AI, valuing it at €21 billion. The investment expands Nvidia's customer base for advanced AI training and inference…
AMD shares rose after unveiling the Threadripper Halo Station, an on-premise workstation designed to run massive AI models with up to one trillion parameters. Equipped with MI350P accelerators and HB…
Nvidia CEO Jensen Huang revealed GPT-6 was trained on 100,000 Grace Blackwell systems, while South Korea committed 3.85 trillion won for upcoming Vera Rubin racks. Offsetting the strong frontier AI d…
Elon Musk announced SpaceX will launch its first AI satellites powered exclusively by NVIDIA Vera Rubin chips by late 2027. With Google and Anthropic already agreeing to rent orbital compute capacity…
Nvidia announced its Groq 3 LPX rack is in full production, delivering 3,400 tokens per second for AI inference. Commercializing its $20 billion Groq acquisition, Nvidia will deploy the racks with Ve…
Qualcomm returned $44 billion to shareholders over five years but sharply lagged broad markets. Facing declining iPhone modem share as Apple transitions to in-house components, Qualcomm is pivoting t…
Cathie Wood's ARK Invest acquired 705,102 shares of Rocket Lab across two sessions amid recent price dips. To fund its space-economy bets ahead of Rocket Lab's Neutron rocket debut, ARK trimmed posit…
Nvidia agreed to acquire open-source AI platform Hugging Face for $12.9 billion, expanding beyond hardware into software. With over 18 million developers and 3 million models, the deal solidifies Nvi…
Nvidia is acquiring AI developer platform Hugging Face for $12.93 billion. The strategic acquisition gives Nvidia direct access to over 18 million developers and millions of AI models, expanding its …
Benzinga highlights current analyst rating updates for Nvidia as the stock gains 1.80%.
Nvidia has agreed to acquire prominent open-source AI platform Hugging Face for approximately $13 billion. The deal significantly enhances Nvidia's software ecosystem and developer lock-in, integrati…
AMD presented its vision for personal AI at IFA, focusing on local, privacy-centric intelligence on advanced hardware. Backed by partnerships with Microsoft and SUSE, AMD aims to bring supercomputer-…
Equinix expanded its collaboration with NVIDIA and partnered with Together AI to launch Equinix Inference Exchange. The platform utilizes NVIDIA Enterprise Reference Architectures to optimize distrib…
Nvidia acquired open-source AI platform Hugging Face for $12.93 billion, prompting Rosenblatt Securities to reiterate a Buy rating with a $390 price target. The strategic deal deepens Nvidia's softwa…
Nvidia CEO Jensen Huang highlighted the strategic importance of open-source AI models alongside closed systems following Hugging Face security discussions, reinforcing Nvidia's expanding AI ecosystem…
Nvidia is pioneering the transition to 800-volt direct current power architecture for next-generation AI infrastructure alongside major tech partners. The move drives high-efficiency hardware adoptio…