Nvidia–OpenAI $100 billion deal explained
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Global funding for AI startups hit record levels in 2025, with European ones raising a record $21.6 billion, per Dealroom.
The investment has been extremely lucrative in recent years, but many investors shouldn't make an effort to buy shares of the chipmaker.
Feb 4 (Reuters) - AI chipmaker Cerebras Systems said on Wednesday it raised $1 billion in a late-stage funding round that valued it at $23 billion, nearly tripling its valuation just over four months after its previous financing.
Oracle is raising more debt and Nvidia is walking back its OpenAI investment target. Both are signs that the AI trade could be on shaky ground, according to one analyst.
Palantir is an AI-powered data analytics company serving both government and commercial customers, and its growth – which was already powerful – accelerated in the quarter. It's an Nvidia partner and incorporates Nvidia's graphics processing units (GPUs) and other tech into its AI-driven platform.
By Arsheeya Bajwa and Stephen Nellis Feb 3 (Reuters) - Advanced Micro Devices on Tuesday forecast a slight decline in quarterly revenue, raising concerns about whether it can effectively challenge Nvidia in the booming AI market and sending its shares tumbling 8% in after-hours trade.
Nvidia Corp. Chief Executive Officer Jensen Huang said that the massive build-out of artificial intelligence capacity, which is currently straining the power grid in many locations, will eventually lead to cheaper energy costs.
Worries about artificial intelligence disrupting the software business are overblown, Nvidia Chief Executive Jensen Huang said. "There's this notion that the software industry is in decline and will be replaced by AI,
Feb 3 (Reuters) - Nvidia's H200 AI chip sales to China remain in limbo nearly two months after U.S. President Donald Trump approved exports, pending a U.S. national security review, the Financial Times reported on Tuesday,