The Ascend 960 chips are expected to be commercially available in 2027 as Huawei seeks to expand its AI hardware footprint despite US export restrictions
US President Donald Trump, who wanted to discuss AI with Nvidia CEO Jensen Huang, said he was not thrilled by recent discussions about the dangers of AI
Chip stocks plunged as AI leaders called for slower development, while surging oil prices added to inflation concerns ahead of the Federal Reserve's decision
Chief executive officer and managing director Gopal Jain is backing firms from Fractal Analytics to Sarvam AI, calling artificial intelligence a 'five-layer cake'
Nvidia's $12.93-billion Hugging Face acquisition marks its latest move beyond chips, expanding its reach into open AI models, developer tools and the wider AI ecosystem
Nvidia's RTX Spark platform will power Windows PCs from Lenovo and Acer in October, bringing local AI capabilities to developers, creators and enthusiasts, alongside AI agents and gaming
Nvidia's open-source Personal AI Router (PAIR) can connect compatible PCs on a local network and use their idle computing power to run AI workloads in parallel
Buying Hugging Face is the biggest move yet in Nvidia Chief Executive Officer Jensen Huang's push to broaden the uptake of AI and extend his customer list.
Investors say Nvidia's growth confirms expansion phase of AI capital spending
IT stocks rallied on Friday after Nvidia's strong revenue forecast reinforced optimism around the artificial intelligence (AI) boom.
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
"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.
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
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.
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
The deal would give Nvidia control of Hugging Face - which hosts open-source large language models and datasets
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
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
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
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