Nvidia CEO Jensen Huang said the artificial intelligence giant was also willing to invest more in the country
Alibaba's Qwen3-Max AI model earned top spot in a real-market crypto trading test, while DeepSeek AI came second with nearly 5 per cent gains
Microsoft invested $1.5 billion last year to take a minority stake in Abu Dhabi AI company G42, giving the U.S. tech giant a board seat, which is filled by Smith.
The move is the latest attempt by Microsoft to boost AI and data center infrastructure at a time when AI demand is outstripping cloud capacity at Big Tech companies
It stands out against other top stock performers that underscore the divide between US attempts to onshore tech production on one side, and China's push to bolster self reliance on the other side
Silicon Valley chipmaker Nvidia plans to supply hundreds of thousands of its graphics processing units for projects with South Korean businesses and the government to advance the country's artificial intelligence infrastructure and technologies. The government, Nvidia and leading South Korean chip maker Samsung Electronics announced the plan after South Korean President Lee Jae Myung met Friday with Nvidia's chief executive Jensen Huang. Huang has gotten rockstar treatment reminiscent of Apple's Steve Jobs since arriving in South Korea on Thursday to attend meetings of the Asia-Pacific Economic Cooperation forum in Gyeongju. As the APEC host, South Korea is using the gathering of world leaders to showcase its ambitions in AI. Lee's office said Nvidia will supply around 260,000 GPUs to support South Korea's AI computing capabilities. The company will also work with Samsung and other South Korean technology firms, including SK Hynix and Hyundai, to improve manufacturing processes usi
Sensex Today | Stock Market close: In the broader markets, the Nifty MidCap 100 rose marginally by 0.1 per cent and the Nifty SmallCap 100 indices fell 0.1 per cent, respectively
Since the launch of ChatGPT in 2022, Nvidia's shares have climbed 12-fold as the AI frenzy propelled the S&P 500 to record highs
A $5 trillion valuation would also mean Nvidia's market value will exceed that of the entire cryptocurrency market and equal about half the total value of the pan-European Stoxx 600 index
South Korean chipmaker SK Hynix, which supplies high-performance memory to Nvidia, reported record earnings in the third quarter on the back of AI boom
Nvidia's shares surged 3.5 per cent to $208.05 in premarket trading, signalling that it could surpass the milestone once regular trading begins
Trump's proposed meeting with Xi will take place on the sidelines of the Apec summit, making it the first between the two leaders since the US President returned to office in January this year
Sam Altman and his top team at OpenAI struck chip and infrastructure deals worth up to $1.5 trillion with Nvidia, AMD, Oracle and others, often without help from bankers or lawyers
Uniphore values at $2.5 billion as it boosts its Business AI Cloud platform and ecosystem for enterprise-scale adoption
The acquisition is the latest in a series of big-ticket deals involving Big Tech and Silicon Valley startups that has been fueled by the boom in AI
The Thor Ultra will battle Nvidia's networking interface chips and aim to further entrench Broadcom's control of network communications inside data centers designed for AI applications
China's chip inspections, which were initially limited to Nvidia's modified AI chips, have now expanded to cover all advanced semiconductor products
Underpinning the AI deal is an Emirati promise to invest a whopping $1.4 trillion on American soil over the next ten years, a pledge the Gulf nation has not broken down into specific projects
Nvidia CEO Jensen Huang says the firm will keep sponsoring H-1B visas, as US business groups warn Trump's $100,000 fee could hurt the economy
Funding for xAI includes both equity and debt through a special purpose vehicle that will purchase Nvidia's processors and lease them to xAI for its Colossus 2 project