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Nvidia kicks off its annual GTC developer conference in San Jose, California, next week with CEO Jensen Huang’s keynote scheduled for Monday at 11am PT / 2pm ET. GTC — which stands for GPU Technology Conference — is Nvidia’s flagship annual event, where the chipmaker typically uses the spotlight to announce new products, champion partnerships,…
At the Morgan Stanley Technology, Media and Telecom conference in downtown San Francisco Wednesday, Nvidia CEO Jensen Huang said his company’s recent investments in OpenAI and Anthropic are likely to be its last in both, saying that once they go public as anticipated later this year, the opportunity to invest closes. It could be that…
It takes a lot of computing power to run an AI product — and as the tech industry races to tap the power of AI models, there’s a parallel race underway to build the infrastructure that will power them. On a recent earnings call, Nvidia CEO Jensen Huang estimated that between $3 trillion and $4…
OpenAI has raised $110 billion in private funding, the company announced Friday morning, commencing one of the largest private funding rounds in history. The new funding consists of a $50 billion investment from Amazon as well as $30 billion each from Nvidia and SoftBank, against a $730 billion pre-money valuation. Notably, the round has remains…
Chip giant and world’s most valuable company Nvidia reported record profits in its most recent quarter on Wednesday, as demand for AI compute continues to skyrocket. “The demand for tokens in the world has gone completely exponential,” CEO Jensen Huang said on a call with analysts following the results. “I think we’re all seeing that,…
With an eye toward luring more AI investment to the country, India is hosting a four-day AI Impact Summit this week that will be attended by executives from major AI labs and Big Tech, including OpenAI, Anthropic, Nvidia, Microsoft, Google, and Cloudflare, as well as heads of state. The event, which expects 250,000 visitors, will…
Nvidia is stepping up efforts to court India’s artificial intelligence startups earlier in their lifecycle, unveiling a string of partnerships this week aimed at reaching founders even before their companies are formally established. The push is intended to help the AI chipmaker cultivate relationships with future customers in one of the world’s fastest-growing developer markets….
Tech investors haven’t given up on the dream of making physical products with the same speed and ease as coding software. Executives at Freeform, a startup developing a novel 3D printing system for metal components, told TechCrunch that the company raised a $67 million Series B to expand its manufacturing platform. Investors include Apandion, AE…
As Intel continues to try to turn itself around, its CEO promised that the company will start producing a new type of chip, one that has been made very popular by rival Nvidia. At the Cisco AI Summit on Tuesday, Intel CEO Lip-Bu Tan announced that the company will start producing graphics processing units (GPUs)….
Microsoft has announced the launch of its latest chip, the Maia 200, which the company describes as a silicon workhorse designed for scaling AI inference. The 200, which follows the company’s Maia 100 released in 2023, has been technically outfitted to run powerful AI models at faster speeds and with more efficiency, the company has…