Nvidia
Nifty IT up 3.5% as Nvidia results soothe AI infra spending fears
Investors say Nvidia's growth confirms expansion phase of AI capital spending
 "Nifty IT up 3.5% as Nvidia results soothe AI infra spending fears")
Nifty IT index soars 3%; LTM, Coforge, TCS, TechM gain up to 5%; here's why
IT stocks rallied on Friday after Nvidia's strong revenue forecast reinforced optimism around the artificial intelligence (AI) boom.
 "Nifty IT index soars 3%; LTM, Coforge, TCS, TechM gain up to 5%; here's why")
Anthropic in talks with chip startup MatX to speed up chip design
As Anthropic scales its Claude family of AI models, the firm is looking to produce hardware that can fulfill its voracious appetite for data crunching and reduce its reliance on Nvidia chips
 "Anthropic in talks with chip startup MatX to speed up chip design")
Nvidia forecasts 70% sales growth in 2027, signals AI boom has years to run
"AI has reached its inflection point. It's doing useful work. Its tokens are productive and profitable. Now, compute is revenue," Nvidia Chief Executive Jensen Huang said.
 "Nvidia forecasts 70% sales growth in 2027, signals AI boom has years to run")
Yotta to order 50,000 Nvidia Vera Rubin GPUs for $7.5 billion
The deal will also include ordering another 45,000 of Nvidia's GB-300 GPUs (part of the Blackwell family architecture), which are currently the latest on offer by the company
 "Yotta to order 50,000 Nvidia Vera Rubin GPUs for $7.5 billion")
The $13 billion Hugging Face deal would crown Nvidia king of AI
The deal would create a strange paradox. Nvidia wants open models to thrive, but for a more self-interested reason: to stop OpenAI and other large AI companies from threatening its chip business.
US probes Singapore-based Apex Logistics over alleged Nvidia chip smuggling
Authorities are looking into whether Apex - a unit of shipping giant Kuehne+Nagel - may have transported AI systems made by Super Micro Computer Inc. in violation of US export restrictions
 "US probes Singapore-based Apex Logistics over alleged Nvidia chip smuggling")
Nvidia agrees to buy open source platform Hugging Face for $12.9 bn: Report
The deal would give Nvidia control of Hugging Face - which hosts open-source large language models and datasets
 "Nvidia agrees to buy open source platform Hugging Face for $12.9 bn: Report")
Asian stocks gain for third day as Nvidia earnings beat estimates
MSCI's broadest index of Asia-Pacific shares excluding Japan was up 0.7 per cent, on track to extend gains into a third consecutive day after Nvidia reported that quarterly revenue more than doubled
 "Asian stocks gain for third day as Nvidia earnings beat estimates")
Data centre firm AM Intelligence orders 9,000 Nvidia Vera Rubin systems
AM Intelligence, part of the group that owns renewable energy producer Greenko Group Plc, has placed a binding order under its broader $8-billion plan to set up 1-gigawatt of computing capacity
 "Data centre firm AM Intelligence orders 9,000 Nvidia Vera Rubin systems")
Asian shares flat ahead of expected US sanctions on Iran, Nvidia results
The entire tech sector is holding its breath for Nvidia's results on Wednesday; investors are aware how hard it will be for the chip maker to meet stratospheric expectations
 "Asian shares flat ahead of expected US sanctions on Iran, Nvidia results")
Nvidia AI server prices set to rise over 15% amid soaring chip costs
The price hikes will go into effect on systems shipped early next year and will impact systems including those with the flagship Vera Rubin and Grace Blackwell chips
 "Nvidia AI server prices set to rise over 15% amid soaring chip costs")
Nvidia to invest $1.5 billion in SB Energy under OpenAI data center deal
Leading tech firms are increasingly tying together chips, power and data center development as they race to secure the infrastructure needed for increasingly power-hungry AI models.
 "Nvidia to invest $1.5 billion in SB Energy under OpenAI data center deal")
Bond traders agonise over $70 bn of shadow credit backstops for AI firms
With its latest move, Nvidia is poised to provide potentially tens of billions of dollars of what's called "residual value" support for debt deals tied to the artificial intelligence build out
 "Bond traders agonise over $70 bn of shadow credit backstops for AI firms")
Nvidia eyes investing $3 billion in SB Energy under OpenAI data centre deal
The proposed investment is part of Nvidia's talks with OpenAI and SB Energy on providing around $100 billion in credit support for the planned Ohio data centre campus
Goldman taps investors for backing Nvidia's $500 bn AI infra financing
US insurers, money managers and banks are expected to form the core investor base as Goldman explores private credit and debt structures for the financing.
 "Goldman taps investors for backing Nvidia's $500 bn AI infra financing")
L&T to set up India's largest Nvidia B300 AI factory for Together AI
L&T's Vyoma.AI will set up a 10,000-GPU Nvidia B300 AI factory at its Chennai data centre campus for US-based AI firm Together AI
 "L&T to set up India's largest Nvidia B300 AI factory for Together AI")
After Meta, Nvidia releases 30B open-weight AI model for agentic tasks
Nvidia has introduced Nemotron 3.5 Lightning, a 30-billion-parameter open model for agentic workloads, as Nvidia, Meta and others back a broader industry push for open-weight AI
 "After Meta, Nvidia releases 30B open-weight AI model for agentic tasks")
Nvidia partners with Wall Street giants to raise $500 bn for AI buildout
Big Tech companies have signaled that spending on AI would not slow down, with combined outlays set to surpass $730 billion this year
 "Nvidia partners with Wall Street giants to raise $500 bn for AI buildout")
Nvidia building 1-trillion-parameter Nemotron 4 to rival leading AI models
The company has not set a release date for Nemotron 4 and has yet to complete final training