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Keywords: AI Infrastructure
Nvidia CEO Jensen Huang expressed frustration over the lukewarm market reaction to the company’s record-breaking third-quarter earnings, which reported $57 billion in revenue, up 62% from the previous year. Despite surpassing Wall Street expectations, including a forecasted $65 billion......
Elon Musk’s artificial intelligence company, xAI, is on the verge of securing $15 billion in new equity financing, valuing the firm at approximately $230 billion. This move would more than double its valuation since March, when it stood at $113 billion following its merger with Musk’s social......
Nvidia is set to release its fiscal third-quarter earnings on November 19, 2025, in a highly anticipated event that could define the stock market landscape for the year. Analysts project the company will announce adjusted earnings per share of $1.25 and revenue of approximately $54.8 billion, reflecting......
A surge in artificial intelligence (AI) investments has triggered a global shortage of conventional memory chips, disrupting supply chains and driving up prices across the tech industry. The shift to high-bandwidth memory (HBM) chips, critical for AI workloads, has left manufacturers struggling to meet......
OpenAI used its DevDay event on Monday to present a strategic vision for transforming ChatGPT from a popular consumer tool into a platform designed for businesses and everyday digital life. The plan includes new developer tools that enable apps to run directly within ChatGPT, pilot partnerships with......
Nvidia and Intel have unveiled a groundbreaking partnership aimed at accelerating artificial intelligence across data centers and personal computing. Nvidia will invest $5 billion in Intel, securing a significant equity stake as the two tech giants collaborate to develop next-generation AI systems. The......
Global data center demand is experiencing unprecedented growth, with hyperscalers now operating 1,189 large facilities worldwide. These tech giants account for 44% of the global data center capacity, while on-premises solutions have declined to just one-third of the total market. This surge in demand......
In an unprecedented move highlighting the intersection of artificial intelligence and cryptocurrency, Microsoft has entered a five-year, US$17.4 billion agreement with Netherlands-based Nebius to supply GPU infrastructure for AI operations. The deal, which could expand to US$19.4 billion, underscores......
Cassava Technologies, the brainchild of Zimbabwean billionaire Strive Masiyiwa, has announced an ambitious plan to build Africa's inaugural artificial intelligence (AI) factory in collaboration with American tech giant Nvidia. This groundbreaking initiative aims to create a dynamic innovation ecosystem......