Nvidia

The deal follows an agreement in September under which both companies agreed to collaborate on the co-development of custom chips for data centres and personal computing

The government will ask departments to demonstrate AI use cases and IndiaAI Mission LLM progress at the AI Impact Summit in Delhi, scheduled for February 16-20, sources said

Nvidia has announced its largest-ever deal, spending $20 billion to acquire key AI chip assets from startup Groq. But this is not a full takeover.

Nvidia will buy most of Groq's AI chip assets in a $20 billion cash deal, excluding its cloud business, as it moves to strengthen low-latency inference and real-time AI workloads

Nvidia has also told Chinese clients that it plans to add new production capacity for the chips, with orders for that capacity opening in the second quarter of 2026

The effort is part of Google's aggressive plan to make its Tensor Processing Units a viable alternative to Nvidia's market-leading GPUs

With smartphones, Chinese brands like Honor Device Co. and Oppo are seen as more vulnerable because of their lower margins

Major Chinese companies including Alibaba and ByteDance have already reached out to Nvidia this week about purchasing the H200 and are keen to place large orders

Sacks' comments raise questions about whether Nvidia will be able to recover revenue from China, a data centre market it has removed entirely from its forecasts

The Ministry of Industry and Information Technology added AI processors from Huawei and Cambricon to its government-approved list of suppliers

The feature, which Nvidia has demonstrated privately in recent months but has not yet released, would be an optional software update that customers could install

Nvidia has received approval to sell its H200 chips to China, with the US government set to receive a 25 per cent share of all sales

The US has, up until some easing of rules under President Donald Trump this year, ramped up restrictions on exports to China, which it has said constitute a threat to national security

The controlled sale of Nvidia's H200 chips to China will carry a 25% US charge, with Trump arguing that the plan safeguards innovation, supports workers and keeps America ahead in the global AI race

The country is expanding computing power for its AI mission. That's happening as rising competition between Google, Nvidia and other technology giants may lead to lowering costs for domestic startups

Cohesity will invest $1 bn in India over five years, expanding engineering centres in Bengaluru and Pune as it scales AI-driven cybersecurity amid rising global and domestic threat levels

Nvidia says its new AI server delivers 10x faster performance for advanced models, even as rivals like AMD and AWS push competing tech to win the growing market for AI deployment

The accelerator, called Trainium3, was recently installed in a few data centers and will be available for customers beginning on Tuesday, Dave Brown, a vice president with Amazon Web Services, said

The companies made the announcement as part of AWS's annual week-long cloud computing conference in Las Vegas, which draws about 60,000 people

Fanuc and Nvidia are working together to build AI-powered industrial robots that can understand voice commands and operate safely around people