Nvidia is spreading some of its wealth by investing in a portfolio of other artificial intelligence companies.
First, these operations make it easier for a wider range of investors to get in on a previously high-priced stock because they lower the per-share price. Now, let's consider one of the highest-profile companies today,
Tenstorrent, a Santa Clara, California-based startup, has secured nearly $700 million in funding, catapulting its valuation to $2.6 billion. This investment round, led by South Korea's
Amazon.com founder Jeff Bezos joined Samsung in a $700 million bet on Tenstorrent, valuing the AI chip startup with ambitions of taking on Nvidia at about $2.6 billion. Tenstorrent, which hopes to create a chip to try and break
Nvidia says gross margin will stabilize in the mid-70% range after the Blackwell ramp, dispelling concerns about competition.
The new Fugatto AI model takes sound synthesis to a new level by creating sounds that previously haven't existed.
AI risks, immigration, the CHIPS Act, and eroding trust in science were all on the agenda. This story is from The Algorithm, our weekly newsletter on AI. To get it in your inbox first, sign up here.
James Kynge talks to Mark Bauer of JLL, Frank Eickenhorst of PhoenixNAP, Tamay Besiroglu of Epoch AI, Dylan Patel of SemiAnalysis and the FT’s Tim Bradshaw
It may sound strange, but I think I was born to realise ASI,” SoftBank Group CEO Masayoshi Son told shareholders in June, referring to his acronym for artificial super intelligence – a future computing technology that he believes will be 10,
US CHIP giant Nvidia said on Tuesday (Dec 3) it would work with the Thai government to develop “world-class AI infrastructure” in the kingdom. Read more at The Business Times.
Dr Seena Rejal examines the implications of increased competition in the semiconductor market on AI development.