Softbank Group's Arm IPO reaches a substantial valuation of $54.5 bln as it re-enters the stock market with the most anticipated offering.
Nvidia
The US expanded the restriction of exports of sophisticated Nvidia and AMD's AI chips beyond China to some countries in the Middle East.
UAE's G42 launched open source Arabic language AI software that can power generative AI applications, Jais.
Nvidia's buyback of $25 billion of its shares after its stock has more than tripled this year caught some investors off-guard.
The Biden administration is exploring the implementation of fresh AI chip export restrictions to China amid fears of potential misuse.
Nvidia Corp, the world’s leading designer of computer chips used in creating artificial intelligence, on Monday showed new research that explains how AI can be used to improve chip design. The process of designing a chip involves deciding where to place tens of billions of tiny on-off switches called transistors on a piece of silicon […]
Nvidia Corp Chief Executive Jensen Huang is expected on Tuesday to disclose new artificial intelligence chips and technologies at the company’s annual conference for software developers. Analysts will be watching for the Santa Clara, California-based company to give more details about how it plans to widen accessibility to processing power like to that used to […]
In our “The World this Week” piece, global events include the proposed U.S. bill to ban foreign tech, Nvidia and AMD grappling with the latest U.S. curbs on China’s Inspur, the U.S. and EU in talks on clean technology trade deal, and the collapse of Silicon Valley Bank causing concern among tech executives and investors. […]
As the artificial intelligence boom takes off, Nvidia Corp is expected to emerge as the biggest – though not the only – winner in the AI chip race among chipmakers after years of focusing on the technology has made it a go-to supplier for tech firms. AI has emerged as a bright spot for investments […]
For markets increasingly wary of the inflation and interest rate implications of re-accelerating world growth, the positive of a new burst of economic confidence in the tech sector adds some cheer at least. The new year craze in artificial intelligence and chatbots seems to have electrified chip designer Nvidia, whose stock surged more than 8% […]