Nvidia will no doubt have the biggest CES 2025. After all, the company has pretty much the biggest everything nowadays. The chip giant is sporting a $3.4+ trillion market cap, due largely to its foundational position in the ongoing AI boom. Companies like OpenAI and Meta have purchased Nvidia processors by the boatload, and that’s […]
Nvidia’s CES 2025 keynote: How to watch Read More »
Chip company Nvidia gets the green light from the European Union to complete its acquisition of Run:ai. The EU came to a unanimous decision today that Nvidia could go ahead with its acquisition of Israeli GPU orchestration platform Run:ai, according to reporting from Bloomberg. The European Commission determined that if the merger went through other
Nvidia clears regulatory hurdle to acquire Run:ai Read More »
Microsoft bought more than twice as many Nvidia Hopper chips this year than any of its biggest rivals. The tech giant bought 485,000 Nvidia Hopper chips across 2024 according to reporting from the Financial Times, which cited data from tech consultancy Omdia. To compare, Meta bought 224,000 of the same, flagship Nvidia chip this year.
Microsoft bought nearly 500,000 Nvidia Hopper chips this year Read More »
Hiya, folks, welcome to TechCrunch’s regular AI newsletter. If you want this in your inbox every Wednesday, sign up here. Longtime readers of the newsletter might’ve noticed that we skipped a week last week. That wasn’t our intent, and we do apologize. The reason was we’ve reached an inflection point in the AI news cycle. We’re
This Week in AI: Seeking balance in the deluge of news Read More »
When it comes to market capitalization, Nvidia is currently the second-biggest public company in the world, behind Apple. That’s why all eyes are on Nvidia these days. And now, as Bloomberg spotted, China Central Television, a public TV broadcaster, is reporting that China’s market regulator has opened a probe into Nvidia’s acquisition of Mellanox. If
China opens antitrust probe into Nvidia Read More »
Nebius, the publicly-traded European AI infrastructure company formerly known as Yandex N.V., has raised $700 million in financing to power its U.S. expansion. The financing included “dozens of very well known investors,” Nebius CEO Arkady Volozh (pictured above) told TechCrunch in a press briefing today. While all the names will be revealed when the paperwork
European AI infrastructure company Nebius nabs $700M from Nvidia, Accel, others Read More »
Hiya, folks, welcome to TechCrunch’s regular AI newsletter. If you want this in your inbox every Wednesday, sign up here. It’s nearly Thanksgiving, and you know what that means: stuffing your face to the point of comatosis. Well, that and entertaining all the unsavory relatives you manage to keep at bay the rest of the year.
This Week in AI: AI gets creative in the kitchen Read More »
Nvidia raked in more than $19 billion in net income during the last quarter, the company reported on Wednesday, but that did little to assure investors that its rapid growth would continue. On its earnings call, analysts prodded CEO Jensen Huang about how Nvidia would fare if tech companies start using new methods to improve
Nvidia’s CEO defends his moat as AI labs change how they improve their AI models Read More »
Welcome back to Week in Review. This week, we’re unpacking the latest layoffs at Mozilla, Perplexity offering to cross a picket line, and Apple warning investors that it might never top the iPhone. Let’s get into it. The Mozilla Foundation laid off 30% of its employees in the second round of layoffs for the Firefox
Mozilla lays off 30% of its nonprofit arm Read More »
Nvidia on Tuesday exceeded Apple’s market capitalization to become the world’s largest company, on the strength of a global AI push. As Bloomberg notes, the chipmaker has experienced an astronomical 850% growth since the tail end of 2022. Nvidia was valued at $3.43 trillion at the close of market, topping Apple’s $3.38 trillion. This isn’t
Nvidia just became the world’s largest company amid AI boom Read More »
