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A single news report about OpenAI testing Google‘s AI chips sent Nvidia CEO Jensen Huang scrambling to his phone in June, triggering an urgent call to OpenAI CEO Sam Altman that would reshape their partnership and culminate in one of the tech industry’s largest infrastructure deals. The episode exposed Nvidia’s vulnerability despite its dominance in…
Chipmakers Nvidia, AMD and Broadcom are reportedly adopting employee retention strategies that have been long used by big tech giants like Google, Amazon and Microsoft. According to a report by Business Insider, the leading chipmakers are offering massive stock-based compensation packages to their employees that vest over several years – a tactic that keeps workers…
IITs and IIMs are considered sobriquets of golden job opportunities. Not wrong though. But a recent survey by Blind, an anonymous community app for verified professionals, is turning that assumption on its head. The obsession and fascination with Tier 1 and 2 colleges is not unfounded. However, if a student ended up in a Tier…
OnlyFans has officially outpaced global tech titans to claim the title of the world’s most revenue-efficient company, according to data from financial and marketing analytics firm Barchart. The UK-based content subscription platform, best known for enabling creators from fitness trainers and musicians to adult performers to monetise exclusive content directly from fans, generates an astonishing…
Nvidia, the American semiconductor giant, has seen its dominance in China’s advanced chip market vanish, with its market share dropping from 95% to Zero due to stringent US export controls, according to CEO Jensen Huang. Speaking at a Citadel Securities event in New York earlier this month, Huang revealed that Nvidia is completely barred from…
US stocks ticked higher on Thursday as technology shares rallied following signs of strong demand in the artificial-intelligence (AI) sector. The S&P 500 rose 0.3%, the Dow Jones Industrial Average added 116 points or 0.3%, and the Nasdaq gained 0.5%, though markets remained choppy throughout the week, AP reported.Tech stocks led gains after Taiwan Semiconductor…
A consortium led by global asset manager BlackRock, along with chipmaker Nvidia and tech giant Microsoft, is set to acquire Aligned Data Centers from Australian financial services major Macquarie in a deal valued at around $40 billion.The acquisition underscores the tech sector’s escalating race to build artificial intelligence infrastructure — from chips and servers to…
Major technology companies suffered their worst single-day losses since April last week, with Amazon, Nvidia and Tesla leading a $770 billion wipeout in market capitalisation following President Donald Trump‘s threats of increased tariffs on Chinese goods. According to a report by CNBC, shares of Amazon, Nvidia and Tesla each dropped approximately 5% during October 10…
Nvidia announced last month that it will invest $5 billon in Intel and partner with the struggling chipmaker to build artificial intelligence infrastructure and person computer products. As part of the agreement, Nvidia will buy Intel common stock at $23.28 a share, subject to regulatory approvals, AP reported. The tie-up will see Intel design custom…
Nvidia CEO Jensen Huang has expressed strong support for Elon Musk’s AI startup xAI. In a recent CNBC interview Huang revealed that his only regret was not investing more in the venture. He further confirmed that Nvidia is already an investor on xAI, but he wished that the company had backed it more aggressively. “xAI,…
