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Elon Musk's xAI raising up to $6 billion to purchase 100,000 Nvidia chips for Memphis data center
Elon Musk's artificial intelligence company xAI is raising up to $6 billion at a $50 billion valuation, according to CNBC's David Faber.
Elon Musk's AI start-up xAI looks to raise $1 billion, filing shows
Elon Musk's artificial intelligence start-up xAI is seeking to raise as much as $1 billion, a Securities and Exchange Commission filing from this week shows.
Elon Musk’s xAI reportedly raising multibillion-dollar funding round to upgrade its supercomputer
Elon Musk's xAI reportedly raising multibillion-dollar funding round to upgrade its supercomputer - SiliconANGLE
Elon Musk’s xAI secures $6 billion in funding to accelerate AI ambitions
Elon Musk’s artificial intelligence venture, xAI, is nearing the completion of a $6 billion funding round. As reported by CNBC, this financial injection will bring the company’s valuation up to $50 billion.
2d
on MSN
SoftBank is Nvidia's first Blackwell chips customer. Here's what they're going to be used for.
SoftBank Group is the first customer to use Nvidia's Blackwell chips, which will be used to develop an artificial ...
4h
Nvidia to report Q3 earnings Wednesday as AI fever continues to power Wall Street
Nvidia is expected to report Q3 earnings per share (EPS) of $0.74 on revenue of $33.2 billion, according to analysts’ ...
15h
This Is the Biggest Threat to Nvidia's Artificial Intelligence (AI) Dominance That Virtually No One Is Talking About
Nvidia's operating expansion has been textbook, which includes a monopoly-like share of the graphics processing units (GPUs) ...
11h
Trump May Be Good For Nvidia, But I'm Selling Before The Q3 Earnings
Nvidia Corporation's Q3 results are eagerly awaited, with the stock at all-time highs amid AI enthusiasm, but Trump's ...
GlobalData on MSN
1d
SoftBank unit to build supercomputer with Nvidia Blackwell chips
At the Nvidia AI Summit in Japan, founder and CEO Jensen Huang announced that SoftBank Corp will be the first to receive ...
14h
Will Nvidia Be a $5 Trillion Stock by 2028?
Nvidia finished fiscal 2024 with $1.19 per share in earnings. The following chart shows us that its bottom line could hit $4.84 per share by fiscal 2027, translating into a compound annual growth rate ...
13h
Nvidia's upcoming CPU could offer RTX 4070 mobile levels of performance
The long-running rumor is that Nvidia will be working with MediaTek to produce these Arm-based chips. The latter's rival, ...
16h
From hours to seconds: A short demo on parallel computing shows why Nvidia is the world's most valuable company
Parallel computing is the fundamental concept that, along with advanced semiconductors, has ushered in the generative AI boom ...
Ars Technica
3d
Amazon ready to use its own AI chips, reduce its dependence on Nvidia
Amazon is poised to roll out its newest artificial intelligence
chips
as the Big Tech group seeks returns on its ...
2d
on MSN
SoftBank Plans First Supercomputer With Nvidia Blackwell Chips
SoftBank Group Corp. will be the first to build a supercomputer with chips using Nvidia Corp.’s new Blackwell design, a ...
11d
Nvidia's Huang asked SK Hynix to bring forward supply of HBM4 chips by 6 months, SK's chairman says
Nvidia CEO Jensen Huang had asked memory chip maker SK Hynix to bring forward by six months the supply of its next-generation ...
Tech Goondu
12h
SoftBank, Nvidia join Japan tech giants and universities to drive AI leadership
In a move to advance Japan’s AI capabilities, SoftBank is building the country’s most powerful AI supercomputer with Nvidia ...
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