nvidia

European AI infrastructure company Nebius nabs $700M from Nvidia, Accel, others

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

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Nvidia’s CEO defends his moat as AI labs change how they improve their AI models

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

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Nvidia just became the world’s largest company amid AI boom

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

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Quantum Machines and Nvidia use machine learning to get closer to an error-corrected quantum computer

About a year and a half ago, quantum control startup Quantum Machines and Nvidia announced a deep partnership that would bring together Nvidia’s DGX Quantum computing platform and Quantum Machine’s advanced quantum control hardware. We didn’t hear much about the results of this partnership for a while, but it’s now starting to bear fruit and

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Andreessen Horowitz helps founders meet compute needs with ‘Oxygen’ private GPU cluster

Andreessen Horowitz has a massive cluster of Nvidia H100 GPUs to help its portfolio of AI startups meet their compute needs, the venture capital firm confirmed for the first time on Wednesday. The program, called “Oxygen”, allows their portfolio companies to train or operate their AI models without negotiating market rates. A16Z’s Oxygen cluster gives

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Ex-SpaceX engineers land $14M to scale new method for 3D printing metal

3D printing objects using metal is a well-established technique, but it tends to be too complex, expensive, or imprecise to match traditional methods at scale. Armed with $14 million from Nvidia and Boeing, Freeform aims to change that, building a new metal additive printing process that they say changes the game — and yes, there’s

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