Google Cloud signs up Spotify, Paramount Global as early customers of its first ARM-based cloud CPUs, as AI drives skyrocketing power costs
TECHNOLOGY POWERING BUSINESS
News Nvidia
AMD Reports Strong AI Chip Sales, Investors Unimpressed
AMD reports strong growth in data centre unit, but outlook in line with expectations fails to impress investors
Nvidia Surpasses Apple As World’s Most Valuable Company
Stock rally takes Nvidia once again to top of list as world's most valuable listed company, amist continued AI data centre boom
TSMC Alerts US Of Attempt To Circumvent China AI Chip Restriction
World's largest contract chip manufacturer informs the United States of a potential Chinese attempt to circumvent US export controls
AMD Launches New AI, Server Chips To Expand Nvidia Challenge
AMD unveils new AI and data centre chips as it seeks to improve challenge to Nvidia's upcoming Blackwell chips
ChatGPT Maker OpenAI Raises $6.6bn In Funding
OpenAI closes $6.6bn funding round from big name backers, but reportedly asks them not to finance rival AI startups
China Telecom Trains 1 Trillion-Parameter AI Model Using Domestic Chips
State-owned China Telecom trains two major AI large language models entirely using domestic chips as country ramps self-sufficiency
Qualcomm Loses Appeal Over EU Antitrust Fine
EU General Court upholds European Commission €242m antitrust fine against Qualcomm, after it allegedly forced a UK firm out of business
Nvidia Invests In Japan Start-Up Sakana AI
AI chip giant Nvidia invests in start-up Sakana AI in funding round that takes company to over $1bn valuation
Nvidia Served With Subpoena In US Antitrust Probe
AI chipmaker Nvidia receives subpoena from US Department of Justice as agency moves closer to filing formal antitrust charges
Nvidia Market Value Hit By Historic Single-Day Drop
Nvidia market value sees biggest single-day decline on record for a US company, as investors pull back from AI speculation
China GPU Start-Up Dissolves, Lays Off Staff
Chinese start-up that aimed to develop high-performance GPU designs to compete with Nvidia lays off all staff, dissolves
Apple, Nvidia In Talks To Join OpenAI Funding Round – Report
Big names in AI funding. Apple, Nvidia reportedly in talks to join a funding round in ChatGPT maker OpenAI
Shares In Nvidia Fall, Despite Record Profits, Sales
Nvidia announces $50 billion stock buyback after impressive Q2 financials, but shares slip despite strong demand for AI chips
South Korean AI Chip Makers Sapeon, Rebellions To Merge
South Korean AI chip start-ups Sapeon, Rebellions to merge in effort to challenge market leader Nvidia in ultra-competitive market
AMD To Buy Server Maker ZT Systems Amidst AI Battle
AMD plans to retain 1,000 engineers from acquisition of ZT Systems to help it more rapidly roll out AI GPU-based cloud systems
Intel, Nvidia Stocks Slide Amidst Chip Turmoil
Intel stock price plummets most in 50 years after it announces job cuts, as Nvidia declines on report of AI antitrust probe
SK Hynix To Invest $6.8bn In Yongin Memory Chip Plant
SK Hynix to invest $6.8bn in first plant in emerging chip hub of Yongin amidst soaring demand for memory used in AI processors
Nvidia Said To Develop ‘Blackwell’ AI Chip For China
Nvidia said to be developing version of next-gen 'Blackwell' AI chip for China market as US mulls further export controls
OpenAI, Broadcom In Talks Over Development Of AI Chip – Report
Rebelling against Nividia? OpenAI is again reportedly exploring the possibility of developing its own AI processor
Japan’s SoftBank Acquires AI Chip Start-up Graphcore
France Prepares Formal Nvidia Antitrust Charges
French antitrust regulator reportedly preparing formal charges against Nvidia following dawn raids last September, amidst AI surge
Nvidia Cedes Top Market Spot To Microsoft
Nvidia cedes title of most valuable US listed company back to Microsoft as Apple regains No. 2 spot amidst continued AI frenzy
Nvidia Overtakes Microsoft As Most Valuable Tech Firm
Nvidia dethrones Microsoft as world's most valuable tech firm, in ongoing market capitalisation battle of the big three
Apple Briefly Overtakes Microsoft For Market Crown On AI Plans
Apple AI announcements triggers three-day rally that sees market value briefly overtake Microsoft for most valuable listed US firm
Nvidia Completes Stock Split To Make Shares More Affordable
The 10-for-1 stock split at Nvidia has taken place, after the meteoric share price rise helped it become one of the most valuable tech firms
Huawei Claims AI Chip Equals Nvidia
Huawei executive claims its AI chip meets or surpasses one of Nvidia's most popular GPUs as company becomes serious rival in China
US Regulators To Open Antitrust Probes Into Microsoft, OpenAI, Nvidia
Both the Federal Trade Commission and US Justice Department are reportedly set to open antitrust investigations into leading AI players
Nvidia Overtakes Apple As Second Most Valuable Tech Firm
Value of Nvidia continues to surge as it reaches $3 trillion market cap, making it the second most valuable tech firm
Nvidia, AMD Hawk AI Chips As Computex Opens
Nvidia's Huang, AMD's Su kick off Computex in battling speeches with plans for AI data centres, AI-tuned desktop chips