nvidia

In just 3 months, CoreWeave CEO, once a crypto-mining bro, becomes a deca-billionaire

Hardware /

CoreWeave co-founder and CEO Michael Intrator’s net worth has skyrocketed to about $10 billion in the three months since the AI firm went public, Bloomberg reports. His company’s debut was both the biggest tech IPO so far of 2025 –  raising $1.5 billion –  and also somewhat of a clunker: its founders had reportedly hoped […]

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Nvidia wants in on the nuclear renaissance, invests in Bill Gates-backed TerraPower

Fundraising /

TerraPower, the nuclear startup founded and backed by Bill Gates, announced a new $650 million funding round this week. The investment will help the company build its first commercial power plant. Like other nuclear startups, TerraPower has been riding a wave of interest from hyperscalers, data center developers, and, now, chip designers. Nvidia’s venture arm,

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Nvidia’s AI empire: A look at its top startup investments

Fundraising /

No company has capitalized on the AI revolution more dramatically than Nvidia. Its revenue, profitability, and cash reserves have skyrocketed since the introduction of ChatGPT over two years ago — and the many competitive generative AI services that have launched since. And its stock price soared.  During that period, the world’s leading high-performance GPU maker

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Nvidia to exclude China from its revenue and profit forecasts

Enterprise /

Nvidia doesn’t think the U.S. will backpedal its chip export restrictions to China anytime soon. The chipmaker is so convinced of that fact that it’s not going to include the Chinese market in its revenue and profit forecasts, CEO Jensen Huang told CNN on Thursday. Huang said he’s not counting on the Trump administration reversing

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AMD takes aim at Nvidia’s AI hardware dominance with Brium acquisition

AI /

AMD’s latest acquisition could help reduce Nvidia’s market dominance when it comes to AI hardware. Semiconductor giant AMD on Wednesday announced it acquired AI software optimization startup Brium. Terms of the deal were not disclosed. Brium is a startup that appears to be in stealth mode. The startup builds machine learning applications to enable AI

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Elon dips from DOGE, and Silicon Valley enters the ‘find out’ stage

Government & Policy /

Elon Musk has officially announced he’s stepping down as a U.S. special government employee and the de facto head of the Department of Government Efficiency, better known as DOGE.  The move follows Musk’s cooling relationship with the Trump administration and slumping Tesla sales tied to his political advocacy. Despite his announced departure, Musk gave a

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NVIDIA, AMD may soon start selling new AI chips in China to comply with US restrictions

Hardware /

To comply with the U.S.’ restrictions on exporting advanced semiconductor technology to China, chipmakers NVIDIA and AMD will soon begin selling new GPUs made for AI workloads in China, Taiwanese tech publication Digitimes reported, citing supply chain sources. NVIDIA plans to sell a stripped-down AI GPU, code-named “B20,” while AMD is looking to target AI

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Nvidia expects to lose billions in revenue due to H20 chip licensing requirements

Government & Policy /

As Nvidia reports earnings for the first quarter of its fiscal year 2026, which closed on April 28, the company has released numbers on how the Trump administration’s recent chip export restrictions are affecting business. Nvidia reported that it incurred a $4.5 billion charge in Q1 due to licensing requirements impacting its ability to sell

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Why export restrictions aren’t the only thing to pay attention to in Nvidia’s earnings

AI /

After the market closes on Wednesday, Nvidia will report earnings for the first quarter of its fiscal year 2026, which ended on April 27. While many in the industry are likely eager to hear how the recent whiplash surrounding U.S. chip export controls will impact Nvidia’s international chip business and future guidance, not everyone thinks

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