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Nvidia Invests $5 Billion in Intel, to Jointly Develop AI Infrastructure and PC Chips
Nvidia has announced a $5 billion investment in Intel as part of a wider partnership to co-develop AI infrastructure and PC chipsets. The deal, subject to regulatory approval, will integrate Intel’s x86 CPUs with Nvidia’s RTX GPUs via NVLink. Both firms will also build custom CPUs and SoCs, aiming to strengthen Intel’s AI position amid market...
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Nvidia Bets Big on Intel With $5 Billion Stake and Chip Partnership
Nvidia is investing $5 billion in chipmaker Intel to acquire roughly four percent stake in the struggling company. Nvidia's support represents a new opening for Intel after years of turnaround efforts at the famed US manufacturer failed to pay off, and it sent shares soaring 30 percent in premarket action.
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Chip-Maker Nvidia To Invest $5 Billion In Intel
US chip giant Nvidia will invest $5 billion in semiconductor maker Intel for joint development projects, the companies said in a statement Thursday.
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Google To Make $6.8 Billion AI Investment In UK Ahead Of Trump Visit
Google said Tuesday it was investing £5 billion ($6.8 billion) in the UK over the next two years to help power the country's AI drive, ahead of a visit by US President Donald Trump.
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95% Organisations Get Zero Return From Using AI Tools, MIT Study Shows
A new MIT study has revealed that 95 per cent of AI projects showed no returns on investment for the companies.
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Airbus, Rolls Royce To Supply To Indian Airlines In 5 Billion Pound Deal
European aviation giant Airbus and iconic British luxury automobile manufacturer Rolls Royce are among the 26 British firms to have secured lucrative deals after India signed a comprehensive free trade agreement with the United Kingdom.
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Tesla Shareholders To Have An Option To Invest In xAI: Elon Musk
Tesla will give its shareholders the option to invest in artificial intelligence startup xAI, billionaire owner of both companies Elon Musk said on his social media platform X.
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SpaceX To Invest $2 Billion In Musk's xAI Startup: Report
SpaceX has committed $2 billion to xAI as part of a $5 billion equity round, deepening the ties between tech billionaire Elon Musk's ventures as his artificial intelligence startup races to compete with rival OpenAI, a report said.
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Stablecoin Giant Circle Targets $6.7 Billion Valuation in US IPO
New York-based Circle and some existing investors are looking to raise up to $624 million (roughly Rs. 5,339 crore) by offering 24 million shares priced between $24 (roughly Rs. 2,053) and $26 (roughly Rs. 2,225) a piece. Circle is offering 9.6 million shares in the offering.
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Microsoft Hosts Developer Conference as Focus Grows on AI Profits
Microsoft has already spent $64 billion (roughly Rs. 5,46,718 crore) this year, much of it on data centers needed for AI-based services such as Copilot used in its popular Microsoft 365 applications. But there are signs that Microsoft is reworking its relationship with OpenAI and seeking to become a neutral arms dealer in the AI race.
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Google Says Deep AI Investments Powering Ad Sales, Soothing Anxious Investors
Alphabet reassured jittery tech investors that its AI investments were powering returns at its crucial ad business on Thursday. The search giant's first-quarter profit and revenue beat expectations, and the company said it would buy back $70 billion (roughly Rs. 5,97,800 crore) in stock, adding $75 billion (roughly Rs. 6,40,362 crore) to its mark...
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US President Trump, TSMC Announce $100 Billion Plan to Build 5 New US Factories
TSMC plans to make a fresh $100 billion (roughly Rs. 8,73,656 crore) investment in the US that would involve building five additional chip facilities in the country. The company's Taiwan-listed shares opened down 2.25 percent on Tuesday and were trading about 1.5 percent lower at 0413 GMT.
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Saudi Arabia To Invest $5 Billion In AI Data Centre
A Saudi company will invest $5 billion to build an artificial intelligence data centre in the futuristic city of NEOM, state media reported.
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Mark Zuckerberg Says Meta to Spend Up to $65 Billion on AI in 2025
Mark Zuckerberg plans to invest as much as $65 billion (roughly Rs. 5,61,908 crore) on projects related to artificial intelligence in 2025. Zuckerberg’s announcement comes days after OpenAI, SoftBank Group Corp. and Oracle Corp. announced a $100 billion (roughly Rs. 8,64,404 crore) joint venture called Stargate to build out data centers and A...
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ED Said to Summon Amazon, Flipkart Executives as Regulatory Scrutiny Grows
The planned action signals growing regulatory scrutiny of Walmart-owned Flipkart and Amazon when their sales are rapidly growing in India's $70 billion (roughly Rs. 5,93,614 crore) e-commerce market. An Indian antitrust investigation also found the two companies breached laws by favouring select sellers,
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Nvidia Invests $5 Billion in Intel, to Jointly Develop AI Infrastructure and PC Chips
Nvidia has announced a $5 billion investment in Intel as part of a wider partnership to co-develop AI infrastructure and PC chipsets. The deal, subject to regulatory approval, will integrate Intel’s x86 CPUs with Nvidia’s RTX GPUs via NVLink. Both firms will also build custom CPUs and SoCs, aiming to strengthen Intel’s AI position amid market...
-
Nvidia Bets Big on Intel With $5 Billion Stake and Chip Partnership
Nvidia is investing $5 billion in chipmaker Intel to acquire roughly four percent stake in the struggling company. Nvidia's support represents a new opening for Intel after years of turnaround efforts at the famed US manufacturer failed to pay off, and it sent shares soaring 30 percent in premarket action.
-
Chip-Maker Nvidia To Invest $5 Billion In Intel
US chip giant Nvidia will invest $5 billion in semiconductor maker Intel for joint development projects, the companies said in a statement Thursday.
-
Google To Make $6.8 Billion AI Investment In UK Ahead Of Trump Visit
Google said Tuesday it was investing £5 billion ($6.8 billion) in the UK over the next two years to help power the country's AI drive, ahead of a visit by US President Donald Trump.
-
95% Organisations Get Zero Return From Using AI Tools, MIT Study Shows
A new MIT study has revealed that 95 per cent of AI projects showed no returns on investment for the companies.
-
Airbus, Rolls Royce To Supply To Indian Airlines In 5 Billion Pound Deal
European aviation giant Airbus and iconic British luxury automobile manufacturer Rolls Royce are among the 26 British firms to have secured lucrative deals after India signed a comprehensive free trade agreement with the United Kingdom.
-
Tesla Shareholders To Have An Option To Invest In xAI: Elon Musk
Tesla will give its shareholders the option to invest in artificial intelligence startup xAI, billionaire owner of both companies Elon Musk said on his social media platform X.
-
SpaceX To Invest $2 Billion In Musk's xAI Startup: Report
SpaceX has committed $2 billion to xAI as part of a $5 billion equity round, deepening the ties between tech billionaire Elon Musk's ventures as his artificial intelligence startup races to compete with rival OpenAI, a report said.
-
Stablecoin Giant Circle Targets $6.7 Billion Valuation in US IPO
New York-based Circle and some existing investors are looking to raise up to $624 million (roughly Rs. 5,339 crore) by offering 24 million shares priced between $24 (roughly Rs. 2,053) and $26 (roughly Rs. 2,225) a piece. Circle is offering 9.6 million shares in the offering.
-
Microsoft Hosts Developer Conference as Focus Grows on AI Profits
Microsoft has already spent $64 billion (roughly Rs. 5,46,718 crore) this year, much of it on data centers needed for AI-based services such as Copilot used in its popular Microsoft 365 applications. But there are signs that Microsoft is reworking its relationship with OpenAI and seeking to become a neutral arms dealer in the AI race.
-
Google Says Deep AI Investments Powering Ad Sales, Soothing Anxious Investors
Alphabet reassured jittery tech investors that its AI investments were powering returns at its crucial ad business on Thursday. The search giant's first-quarter profit and revenue beat expectations, and the company said it would buy back $70 billion (roughly Rs. 5,97,800 crore) in stock, adding $75 billion (roughly Rs. 6,40,362 crore) to its mark...
-
US President Trump, TSMC Announce $100 Billion Plan to Build 5 New US Factories
TSMC plans to make a fresh $100 billion (roughly Rs. 8,73,656 crore) investment in the US that would involve building five additional chip facilities in the country. The company's Taiwan-listed shares opened down 2.25 percent on Tuesday and were trading about 1.5 percent lower at 0413 GMT.
-
Saudi Arabia To Invest $5 Billion In AI Data Centre
A Saudi company will invest $5 billion to build an artificial intelligence data centre in the futuristic city of NEOM, state media reported.
-
Mark Zuckerberg Says Meta to Spend Up to $65 Billion on AI in 2025
Mark Zuckerberg plans to invest as much as $65 billion (roughly Rs. 5,61,908 crore) on projects related to artificial intelligence in 2025. Zuckerberg’s announcement comes days after OpenAI, SoftBank Group Corp. and Oracle Corp. announced a $100 billion (roughly Rs. 8,64,404 crore) joint venture called Stargate to build out data centers and A...
-
ED Said to Summon Amazon, Flipkart Executives as Regulatory Scrutiny Grows
The planned action signals growing regulatory scrutiny of Walmart-owned Flipkart and Amazon when their sales are rapidly growing in India's $70 billion (roughly Rs. 5,93,614 crore) e-commerce market. An Indian antitrust investigation also found the two companies breached laws by favouring select sellers,
