Page 14 - Nvidia

AI startup You.com gets backing from Nvidia, DuckDuckGo Back, raises $50 mn

You.com claims millions of daily users, including at organizations like Salesforce, Stanford University and the startup Hugging Face

Why are Nvidia shares falling?

Over the past few weeks, Nvidia shares have been in freefall, with a staggering 9.5% drop that erased nearly $279 billion in value. That’s right—$279 billion!

Nvidia suffers $279 billion loss in one day due to these factors: Explained

Nvidia lost $279 billion of its market cap on Tuesday, leading a broader market selloff. This followed a quarterly revenue forecast by the company that fell short of investors expectations

Nvidia suffers record $279 billion loss in market value as Wall St drops

Nvidia lost $279 billion in market capitalisation, a major indication that investors are becoming more cautious about emerging AI technology that has fueled much of this year's stock market gains

Nvidia gets subpoena from US Justice dept as antitrust probe deepens

The antitrust watchdog had previously delivered questionnaires, and has now sent legally binding requests to Nvidia, the report said, adding that other companies had also received subpoenas

Global tech leaders eye Rs 10,000 cr AI tender as India expands AI mission

The exceptional participation has prompted the government to extend the deadline to accommodate the overwhelming response and industry suggestions

OpenAI's ChatGPT growth continues: 200 million weekly users and counting

OpenAI revealed that 92 per cent of Fortune 500 companies use its products, and usage of its API has doubled since ChatGPT-4o mini launched in July

Apple to invest in OpenAI as ChatGPT integrates into iOS, Nvidia to join

OpenAI has become increasingly important to Apple's artificial intelligence strategy, with the iPhone maker bringing the AI firm's chatbot, ChatGPT, to Apple devices as part of "Apple Intelligence"

Infosys, Nvidia expand ties to develop GenAI-powered solutions for telcos

Infosys on Thursday said it has expanded its partnership with American chipmaker NVIDIA to develop GenAI-powered solutions for telecom operators. The IT major has developed three generative AI solutions powered by its AI-offering Topaz, which make use of NVIDIA NIM inference microservices, NVIDIA NeMo Retriever embedding models, and NeMo Guardrails to customise and deploy generative AI telco domain-specific large-language models. It has also used NVIDIA Riva to allow real-time transcription and translations for call centre agents, according to a regulatory filing. "Telcos are increasingly adopting generative AI solutions to improve the productivity of their businesses with smarter networks, more efficient operations, and enhanced customer service. "Leveraging NVIDIA's full-stack accelerated computing and AI platform, Infosys Topaz is delivering a suite of domain-specific solutions that will help telcos accelerate and streamline their adoption of generative AI," Ronnie Vasishta, Sen

Despite gruelling hours, 'golden handcuffs' keep Nvidia staffers in place

Under the helm of co-founder and CEO Jensen Huang, Nvidia's philosophy is crystal clear: 'If you want to do extraordinary things, it shouldn't be easy'

Nations building their own AI models add to Nvidia's rising chip demand

Countries adopting their own AI applications and models will contribute about low double-digit billions to Nvidia's revenue

Asian shares track Wall Street futures lower as Nvidia's results disappoint

Investors now await US weekly jobless claims, which have gained prominence

Nvidia's quarterly forecast fails to impress investors, shares fall

The revenue and gross margin forecast for the current quarter were not far from analysts' expectations

Nvidia's Huang says new Blackwell chip will have lots and lots of supply

The product is a much-anticipated successor to the company's Hopper line of so-called AI accelerators, which have sent its revenue and stock price soaring

IT stocks: LTIM, Wipro, LTTS, Mphasis soared up to 8% today; here's why

Among individual information technology stocks, LTIMindtree led the charts, soaring 7.76 per cent intraday at Rs 6,198 per share on the NSE

Nvidia CEO Jensen Huang's experience as 'dishwasher' goes viral on LinkedIn

Jensen Huang founded Nvidia, the world's leading AI chipmaker in 1993. Before that, he worked as a dishwasher and waiter at an eatery called Denny's from 1978 to 1983

Investors on edge before Nvidia Corp's earnings, US economic data

The stakes are high ahead of Nvidia, especially after an earnings season that showed disappointing results for other "Magnificent Seven" megacaps

Nvidia sales likely to double in Q2, even a slight miss may hurt shares

A beat or a miss on Wall Street expectations could either stoke or shatter an AI rally on Thursday, a day after Nvidia reports earnings for the May-July period

Nifty IT up after Fed signals rate cut; HSBC cautions on midcap IT stocks

Nifty IT up 1.77 per cent intraday after US Fed signals rate cut in September. HSBC believes mid-tier IT is not so strong.

Nvidia stock eyes return to record as investment in AI space continues

Companies are pouring tens of billions of dollars into building out AI infrastructure and services, making the beneficiaries close to a sure thing in terms of their growth prospects