Nvidia’s new $500B plan is risky but brilliant, especially for aging GPUs
Nvidia has a plan to make sure its GPUs won’t lose value. It wants to convince a new crop of financiers to keep lending for AI buildouts.
-
-
Firmus, the ‘Southgate’ AI data center builder backed by Nvidia, hits $5.5B valuation
Nvidia-backed Asia AI data center provider Firmus has now raised $1.35 billion in six months.
-
Nvidia-backed SiFive hits $3.65B valuation for open AI chips
The deal is interesting for a number of reasons, including that SiFive’s chip designs are based on RISC-V, not x86 or ARM.
-
Uber and Nuro begin testing premium robotaxi service in San Francisco
Uber employees can now hail a Lucid robotaxi as part of the testing.
-
AI | Enterprise
Google Cloud launches two new AI chips to compete with Nvidia
Google’s newest TPUs are faster and cheaper than the previous versions. But the company is still embracing Nvidia in its cloud — for now.
-
Legal AI startup Legora hits $5.6B valuation and its battle with Harvey just got hotter
The two wildly fast-growing rivals have raised massive sums, pushed into each other’s home turf, and now have dueling ad campaigns.
-
Pentagon inks deals with Nvidia, Microsoft, and AWS to deploy AI on classified networks
The deals come as the DOD has doubled down on diversifying its exposure to AI vendors in the wake of its controversial dispute with Anthropic over usage terms of its AI models.
-
As workers worry about AI, Nvidia’s Jensen Huang says AI is ‘creating an enormous number of jobs’
The Nvidia CEO seems to feel that claims of AI’s job-killing potential have been greatly exaggerated.
-
ElevenLabs lists BlackRock, Jamie Foxx, and Eva Longoria as new investors
ElevenLabs reveals new investors, hits $500M ARR, and expands enterprise footprint as voice AI becomes a critical interface.
-
ASML CEO Christophe Fouquet on his company’s monopoly: no one is coming for us
Christophe Fouquet, who became ASML’s CEO in 2024 after more than a decade at the company, sat down with this editor on the rooftop deck of his Beverly Hills hotel Tuesday morning ahead of his appearance at the Milken Institute Global Conference. Dressed in a blue suit and white shirt, he was relaxed — even when the conversation turned to the rivals.
