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Nvidia faces $5.5bn loss due to US AI chip export restrictions to China

Nvidia has projected a $5.5bn loss after the Trump administration prohibited the company from selling essential AI chips to China. The restrictions caused a significant drop in Nvidia's stock price, making a notable impact in after-hours trading. In a filing on Tuesday, Nvidia disclosed that its......

Cassava Technologies partners with Nvidia to establish Africa's first AI factory

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......

Cassava and Nvidia to launch Africa's first AI factory in Morocco

Cassava Technologies, founded by Zimbabwean entrepreneur Strive Masiyiwa, has unveiled an ambitious project to revolutionize technological innovation in Africa. In partnership with global tech giant NVIDIA, the company plans to establish the continent’s first artificial intelligence (AI) factory. This......

Tesla faces plunging stock prices amid broader tech market decline

Tesla, the electric vehicle manufacturer, is facing significant turbulence in the financial markets. Its stock plummeted over 15% on the New York Stock Exchange, wiping out approximately $130 billion in market capitalization in a single session. This sharp decline marks a critical turning point for Elon......

Deepseek's emergence challenges US AI industry, Trump responds

US President Donald Trump described the rise of Chinese company DeepSeek as a "wake-up call" for the US tech industry. This followed the release of DeepSeek's artificial intelligence (AI) model, which disrupted Wall Street and led to significant drops in shares of major tech firms like......

Corrected Title: Global tech shares decline amid concerns over Chinese AI breakthrough

Global technology stocks have experienced a decline due to the rise of DeepSeek, a Chinese chatbot competitor to OpenAI's ChatGPT, sparking concerns over the long-term viability of the U.S. AI-driven market surge. Stocks in Asian and European markets fell on Monday, and the Nasdaq index in New York......

Huawei aims to challenge Nvidia’s dominance in AI chips with focus on inference technology

In the rapidly evolving landscape of generative artificial intelligence (AI), China’s tech giant Huawei is making strategic moves to position itself as a key player in the semiconductor industry. With U.S. restrictions limiting access to advanced AI chips, Huawei has crafted an ambitious plan to......

Nvidia’s Latest Innovations: AI Robotics, Gaming Chips, and Automotive Collaboration

Nvidia introduced a range of new products at CES 2025, including advancements in artificial intelligence for robot and car training, next-gen gaming chips, and its first desktop computer. CEO Jensen Huang highlighted how the company's technology, which powers data center AI chips, is expanding into......

NVIDIA's Bold Step into the World of Intelligent Robotics

NVIDIA, a leading semiconductor manufacturer, is preparing for a significant entry into the robotics sector, viewing it as a crucial growth opportunity amidst increasing competition in the AI chip industry. The company plans to release a new generation of embedded computers, named "Jetson Thor,"......