Page 5 - Nvidia

Nvidia supplier SK Hynix reports record profit, sees demand for AI chips

SK Hynix has outperformed rivals Samsung Electronics and Micron Technology in recent quarters, as it has benefited the most from AI-driven appetite for high-end memory chips following

Nvidia CEO Huang targets more India growth through fresh partnerships

The US chip company, which is holding one of its AI summits in Mumbai, highlighted the ways Indian partners across industries are using its AI technology

Nvidia's design flaw with Blackwell AI chips now fixed, says CEO Huang

Nvidia unveiled Blackwell chips in March and had earlier said they would ship in the second quarter but were delayed, potentially affecting customers such as Meta Platforms

Nvidia's stock skyrockets amid AI boom: Will Apple fall from the top?

Nvidia, which briefly held the title of the most valuable company in June, saw its market value surge to $3.39 trillion on Monday

US weighs capping exports of AI chips from Nvidia, AMD to certain countries

The new approach would set a ceiling on export licenses for certain countries in the interest of national security

'Reasoning' AI will depend on cheaper computing, says Nvidia CEO Huang

Nvidia will set the stage for these advances by boosting its chip performance every year by two to three times, at the same level of cost and energy consumption, Huang said

Foxconn building world's largest Nvidia superchip manufacturing facility

Benjamin Ting, Foxconn senior vice president for the cloud enterprise solutions business group, said the partnership between his company and Nvidia was very important

AI chip firm Cerebras records threefold revenue jump in US IPO filing

Receding recession fears and a strong equities rally have also rejuvenated the US IPO market in 2024 after two lackluster years

ByteDance plans new AI model trained with chips from Huawei Technologies

The new model's capability and complexity, measured by its computing parameters, will be less powerful than ByteDance's existing AI model Doubao, one of the people said

'PM Modi has challenged us...': Google's Pichai after New York tech meet

During his US visit, PM Modi met Silicon Valley CEOs to discuss AI, quantum tech, and semiconductors. As many as 15 heads of prominent companies such as Google and HP were present at the key meet

Nvidia's Jensen Huang speaks about tech partnership with India | PM Modi in US

OpenAI hits more than 1 million paid users across its business products

Separately, the Information reported on Thursday that OpenAI executives have discussed higher-priced subscriptions for upcoming large-language models

Swedish automaker Volvo Cars slashes its margin and revenue ambitions

Volvo Cars, which is majority-owned by China's Geely, lowered its target for operating profit margin

AI startup You.com gets backing from Nvidia, DuckDuckGo Back, raises $50 mn

You.com claims millions of daily users, including at organizations like Salesforce, Stanford University and the startup Hugging Face

Why are Nvidia shares falling?

Nvidia suffers $279 billion loss in one day due to these factors: Explained

Nvidia lost $279 billion of its market cap on Tuesday, leading a broader market selloff. This followed a quarterly revenue forecast by the company that fell short of investors expectations

Nvidia suffers record $279 billion loss in market value as Wall St drops

Nvidia lost $279 billion in market capitalisation, a major indication that investors are becoming more cautious about emerging AI technology that has fueled much of this year's stock market gains

Nvidia gets subpoena from US Justice dept as antitrust probe deepens

The antitrust watchdog had previously delivered questionnaires, and has now sent legally binding requests to Nvidia, the report said, adding that other companies had also received subpoenas

Global tech leaders eye Rs 10,000 cr AI tender as India expands AI mission

The exceptional participation has prompted the government to extend the deadline to accommodate the overwhelming response and industry suggestions

OpenAI's ChatGPT growth continues: 200 million weekly users and counting

OpenAI revealed that 92 per cent of Fortune 500 companies use its products, and usage of its API has doubled since ChatGPT-4o mini launched in July