Nvidia

American multinational technology company

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Big Tech firms increase spending on AI despite higher costs than human labor
business Apr 28, 2026, 2:00 AM
Big Tech firms increase spending on AI despite higher costs than human labor
  • Investments in AI tools by major tech firms have surged to $740 billion, a 69% increase from the previous year.
  • There have been over 92,000 layoffs reported in the tech sector in 2026, significantly surpassing last year's totals.
  • Despite significant investments, AI tools remain more expensive than human labor, prompting companies to view AI as a complementary asset rather than solely a replacement.
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Donald Trump reveals massive bond purchases in March
business Apr 25, 2026, 2:00 AM
Donald Trump reveals massive bond purchases in March
  • Donald Trump disclosed a total of 175 transactions primarily involving bond purchases, along with some stock transactions.
  • The purchases included bonds from various issuers such as Nvidia Corp., General Motors, Netflix, and Boeing.
  • These disclosures highlight Trump's active financial strategy and engagement in the bond market.
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Nvidia struggles with GPU shortages amid AI evolution
technology Apr 9, 2026, 2:00 AM
Nvidia struggles with GPU shortages amid AI evolution
  • The AI industry is facing a significant global GPU shortage impacting production and model development.
  • Nvidia is focusing on the efficiency of its Nemotron models in response to limited GPU resources.
  • Resource constraints highlight the industry's responsibility to innovate sustainably and efficiently.
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Supermicro cofounder charged with $2.5 billion chip smuggling scheme
business Apr 7, 2026, 2:00 AM
Supermicro cofounder charged with $2.5 billion chip smuggling scheme
  • The Department of Justice has charged Yih-Shyan Liaw, a cofounder of Supermicro, and two others for smuggling servers.
  • This incident comes amid heightened scrutiny of Supermicro's compliance practices, especially concerning its relationship with Nvidia.
  • Supermicro is conducting an internal review and an independent investigation to address compliance gaps and maintain its reputation.
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Supermicro’s sales skyrocket following AI boom despite turmoil
business Apr 6, 2026, 2:00 AM
Supermicro’s sales skyrocket following AI boom despite turmoil
  • Supermicro's sales have increased significantly, driven by demand for AI technologies.
  • The company has faced legal challenges, resulting in a dramatic drop in stock value.
  • The future of Supermicro heavily depends on its relationship with Nvidia and the evolving tech market.
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Mike Rowe warns about shortage of skilled labor as trade salaries soar
business Mar 19, 2026, 1:00 AM
Mike Rowe warns about shortage of skilled labor as trade salaries soar
  • Mike Rowe criticizes the perception of skilled trades as a lesser option for young people.
  • He highlights the financial burden associated with college education and the lucrative opportunities in trades.
  • The demand for skilled labor is rapidly increasing, particularly in industries linked to the AI boom.
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Nvidia plans for a future with 75,000 workers and 7.5 million AI agents
business Mar 19, 2026, 1:00 AM
Nvidia plans for a future with 75,000 workers and 7.5 million AI agents
  • Jensen Huang envisions Nvidia growing to 75,000 employees working alongside 7.5 million AI agents in ten years.
  • AI agents will function around the clock to support human workers, not replace them.
  • This transformation signifies the increasing role of AI in corporate environments, reflecting broader trends in technology adoption.
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technology Mar 11, 2026, 1:30 PM
Nvidia plans open source rival to OpenClaw amidst growing competition
  • Nvidia is actively seeking corporate partners to support the development of its new open source initiative, NemoClaw.
  • The project aims to address identified flaws in the existing software, OpenClaw, through community collaboration.
  • The move reflects a growing trend in the tech community toward open source solutions and local processing capabilities.
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Nvidia invests significantly in Thinking Machines Lab for AI development
business Mar 10, 2026, 3:43 PM
Nvidia invests significantly in Thinking Machines Lab for AI development
  • Nvidia has entered into a multi-year partnership with Thinking Machines Lab to train AI models.
  • Thinking Machines, founded by Mira Murati in early 2025, quickly gained a valuation of $12 billion.
  • This partnership will enhance AI development while reflecting Nvidia's commitment to advancing the tech industry.
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AI infrastructure spending could reach trillions, warns Jensen Huang
business Mar 10, 2026, 1:00 AM
AI infrastructure spending could reach trillions, warns Jensen Huang
  • Nvidia CEO Jensen Huang stated that total expenditures for AI infrastructure could reach trillions of dollars.
  • The initial $700 billion investment is part of a larger strategy to meet the growing demand for AI technologies.
  • This investment is expected to have significant effects on the U.S. economy and labor market.
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OpenAI raises $110 billion in unprecedented funding round
business Feb 27, 2026, 12:10 PM
OpenAI raises $110 billion in unprecedented funding round
  • OpenAI has successfully raised $110 billion in a groundbreaking funding round.
  • Major investments from Amazon, Nvidia, and SoftBank underscore the competitive AI landscape.
  • This funding positions OpenAI for innovation and growth, enhancing its capability in the AI industry.
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Investors concerned as Nvidia reports $120 billion in profits amidst AI fears
business Feb 26, 2026, 11:07 PM
Investors concerned as Nvidia reports $120 billion in profits amidst AI fears
  • Nvidia generated $120 billion in profits last year, indicating significant financial growth.
  • Despite positive earnings, Nvidia's stock saw a decline of over 5%, contributing to concerns amid the AI scare trade.
  • The volatility in Nvidia's stock highlights investor uncertainty about the future implications of AI technologies.
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Singtel opens research lab with Nvidia to enhance data sovereignty
business Feb 24, 2026, 1:00 AM
Singtel opens research lab with Nvidia to enhance data sovereignty
  • Singtel and Nvidia are opening a new research lab in Singapore to enhance data sovereignty for local businesses.
  • The lab aims to support industries requiring local data processing like banks and government organizations.
  • This collaboration marks Singtel's strategic pivot towards AI and data center expansion amid declining mobile service revenue.
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Curtis Priem's early Nvidia exit costs him billions
business Feb 23, 2026, 1:00 AM
Curtis Priem's early Nvidia exit costs him billions
  • Curtis Priem owned approximately 12.8% of Nvidia during its IPO in 1999.
  • He sold his stake in 2006 and missed out on billions in potential wealth.
  • Priem now engages in philanthropy, donating over $275 million to his alma mater.
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Wall Street tumbles amid tech turmoil and management changes
business Feb 20, 2026, 7:03 AM
Wall Street tumbles amid tech turmoil and management changes
  • Private equity firms experienced significant stock declines due to Blue Owl Capital's asset sale.
  • Retail and technology stocks, including Walmart and Apple, faced downward pressure amid market uncertainties.
  • Wall Street's decline reflects growing investor concerns about credit quality and the impact of AI on various industries.
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Trump weighs military action as tensions rise with Iran
business Feb 19, 2026, 5:25 AM
Trump weighs military action as tensions rise with Iran
  • U.S. President Donald Trump is considering military action against Iran amid increasing tensions.
  • Asian markets showed gains with the Nikkei 225 and Kospi indexes rising significantly.
  • The geopolitical situation and economic indicators are creating a cautious atmosphere for investors.
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business Feb 19, 2026, 5:24 AM
Trump considers military action against Iran amid rising tensions
  • U.S. President Donald Trump is considering military action against Iran amidst increasing military involvement in the region.
  • Asian markets responded positively to rising U.S. stock prices, particularly due to gains in Nvidia's shares.
  • Geopolitical tensions with Iran are creating uncertainty in global markets, highlighting the interconnectedness of economic and political factors.
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business Feb 18, 2026, 10:28 PM
Nvidia drives stock market gains amid strong economic reports
  • The U.S. stock market rose on February 18, 2026, with the S & P 500 increasing by 0.6%.
  • Nvidia's significant influence resulted from its deal with Meta Platforms, utilizing its chips in AI operations.
  • These economic shifts indicate growing confidence in the market and advancements in technology.
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Meta commits $135 billion for AI supremacy through Nvidia partnership
business Feb 18, 2026, 12:41 PM
Meta commits $135 billion for AI supremacy through Nvidia partnership
  • Meta plans to invest billions in a multi-year partnership with Nvidia to enhance data center capabilities.
  • The collaboration will involve the use of Nvidia's graphics processing units and networking technology.
  • This partnership signifies Meta's commitment to advancing its AI initiatives and maintaining a competitive edge.
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Meta commits to leveraging Nvidia's AI technology for massive infrastructure needs
business Feb 18, 2026, 10:38 AM
Meta commits to leveraging Nvidia's AI technology for massive infrastructure needs
  • Meta plans to significantly increase its use of Nvidia's AI processors and networking equipment, impacting its operations and competitiveness.
  • The partnership includes the introduction of Nvidia's Grace CPUs in Meta's data centers, representing a shift from previous chip manufacturers.
  • This investment aligns with Meta's strategy to prioritize AI and enhance infrastructure, ensuring it remains competitive in the evolving market.
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AI startup Black Forest Labs secures $300 million funding round
business Feb 17, 2026, 1:00 AM
AI startup Black Forest Labs secures $300 million funding round
  • Black Forest Labs, headquartered in Freiburg, Germany, raised $300 million in a Series B funding round.
  • The funding was co-led by AMP and Salesforce Ventures, attracting significant investments from companies like Nvidia and a16z.
  • With a goal to shape the future of visual AI, Black Forest Labs aims to establish itself as the standard for visual intelligence by 2028.
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OpenAI launches groundbreaking coding model that outpaces Nvidia
technology Feb 12, 2026, 11:56 PM
OpenAI launches groundbreaking coding model that outpaces Nvidia
  • OpenAI launched the GPT-5.3-Codex-Spark coding model on Cerebras chips.
  • The new model claims to be 15 times faster at coding than its predecessor.
  • This shift marks OpenAI's strategy to reduce reliance on Nvidia hardware.
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Nvidia secures long-term lease for new headquarters in Taipei
business Feb 12, 2026, 7:46 AM
Nvidia secures long-term lease for new headquarters in Taipei
  • The Taipei City Government signed a contract with Nvidia Corp.'s Taiwan subsidiary on February 11, 2026.
  • Nvidia will receive a long-term 50-year lease for land surface rights and plans to invest over NT$40 billion in construction.
  • This agreement is expected to create more than 10,000 jobs, enhancing Taipei's role as a key hub for AI development.
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SoftBank Group rebounds with significant profit thanks to AI investments
business Feb 12, 2026, 1:00 AM
SoftBank Group rebounds with significant profit thanks to AI investments
  • SoftBank Group reported a profit of 248.6 billion yen for the October-December 2023 period.
  • The company's focus on artificial intelligence has driven significant investment gains.
  • SoftBank's financial recovery highlights the potential of investing in innovative technologies.
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SambaNova raises $350 million to challenge Nvidia in AI chip market
business Feb 9, 2026, 10:02 AM
SambaNova raises $350 million to challenge Nvidia in AI chip market
  • SambaNova Systems is in the process of raising over $350 million through Series E funding.
  • Intel plans to invest approximately $100 million with potential commitments of $150 million.
  • The influx of funding indicates growing competition in the AI chip sector as alternatives to Nvidia emerge.
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Cerebras Systems secures $1 billion funding to challenge Nvidia
business Feb 5, 2026, 9:32 AM
Cerebras Systems secures $1 billion funding to challenge Nvidia
  • Cerebras Systems raised $1 billion in a Series H funding round, elevating its valuation to $23 billion.
  • The company has previously raised $1.1 billion at a valuation of $8.1 billion, highlighting a substantial increase in investor confidence.
  • Cerebras aims to strengthen its position against Nvidia and plans to pursue an IPO in the near future.
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Nvidia plans record US$20 billion investment in OpenAI
business Feb 4, 2026, 10:20 AM
Nvidia plans record US$20 billion investment in OpenAI
  • Nvidia is close to finalizing a US$20 billion investment in OpenAI.
  • OpenAI is working to raise up to US$100 billion in funding with interest from major firms.
  • Nvidia's investment could represent a pivotal moment in the ongoing AI boom.
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Nvidia says $100 billion OpenAI investment was never a commitment
business Feb 3, 2026, 6:44 PM
Nvidia says $100 billion OpenAI investment was never a commitment
  • Nvidia and OpenAI announced a potential investment of up to $100 billion in September 2025, but five months later, no agreement has been finalized.
  • OpenAI has been exploring alternative chip suppliers due to dissatisfaction with Nvidia's products, affecting Nvidia's stock price.
  • Nvidia CEO claims the investment figure was never a commitment, casting doubt on the future of their partnership with OpenAI.
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OpenAI seeks alternatives to Nvidia chips due to performance issues
technology Feb 3, 2026, 11:10 AM
OpenAI seeks alternatives to Nvidia chips due to performance issues
  • OpenAI has been exploring alternatives to Nvidia's AI chips for better performance since 2025.
  • The search for new chip options stems from dissatisfaction with Nvidia's processing speed for specific tasks.
  • This move could alter the competitive dynamics between AI chip manufacturers and OpenAI.
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Jensen Huang urges TSMC to boost production amid rising AI demand
business Feb 1, 2026, 11:13 AM
Jensen Huang urges TSMC to boost production amid rising AI demand
  • Jensen Huang encouraged TSMC to ramp up production due to strong AI demand during his visit to Taiwan.
  • He praised TSMC's efforts and noted the potential for significant capacity increases over the next decade.
  • The visit reflects the strong relationship between Nvidia and Taiwanese suppliers which is crucial for AI technology.
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Nvidia dedicates a decade to supporting Shield TV updates
technology Jan 30, 2026, 1:00 PM
Nvidia dedicates a decade to supporting Shield TV updates
  • Nvidia launched the Shield Android TV in 2015 as a device focused on supporting gamers.
  • The company has committed to providing ten years of updates for its Shield platform.
  • Nvidia continues to explore new concepts and formats, indicating future hardware possibilities.
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Nvidia CEO highlights booming job opportunities due to AI infrastructure demands
business Jan 21, 2026, 1:00 AM
Nvidia CEO highlights booming job opportunities due to AI infrastructure demands
  • Nvidia is leading an expansive investment in AI infrastructure, estimated to reach $7 trillion.
  • The growth is generating a high demand for skilled trades such as electricians and construction workers.
  • This expansion presents significant job opportunities despite concerns about job displacement in traditional sectors.
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