The financing includes equity and debt in a special purpose vehicle that will buy Nvidia processors and rent them to xAI for ...
The Commerce Department's Bureau of Industry and Security recently issued the Nvidia export licenses under the terms of a ...
The Nvidia CEO says he doesn’t think the U.S. is far ahead of China in AI development, while President Donald Trump has ...
Nvidia CEO Jensen Huang dismisses AI bubble fears, citing strong industry growth and infrastructure investment.
Elon Musk's AI startup xAI is raising $20 billion in funding, including $2 billion from Nvidia, to support its data centre, ...
Alphabet also has a leading generative AI model in Gemini that has emerged as one of the top picks. Quantum computing could ...
The Elon Musk-backed artificial intelligence start-up xAI is raising more financing than initially planned – including an ...
This already is lowering costs and driving revenue growth.
A surge in multi-billion-dollar, interconnected AI deals involving Nvidia and OpenAI has sparked fears of a dot-com-style ...
Nvidia stock surged by 2% on Wednesday after CEO Jensen Huang said the demand for AI computing has grown at an explosive pace ...
NVIDIA is teaming up with Elon Musk’s AI startup xAI in a groundbreaking $20 billion chip agreement to compete with rivals ...