Nvidia, the world’s leading manufacturer of AI-specific computer chips, faced an unprecedented financial setback on September 3, 2024. The company’s market value plummeted by a staggering $280 billion, marking the largest single-day loss for any stock in U.S. history. This dramatic decline was triggered by news of an antitrust investigation by the United States Department…
Nvidia, the renowned technology giant, is poised to unveil its latest innovation in artificial intelligence (AI) hardware. The company has tantalized developers with a sneak peek at what’s to come during the GPU Technology Conference (GTC) 2024. The spotlight is on the mysterious B100 AI chip, which promises to redefine the landscape of AI computing….
Bezos Nvidia OpenAI Collaboration: Amazon founder Jeff Bezos is joining Nvidia and other well-known tech companies to invest in Figur AI, a startup that specializes in developing humanoid robots. Backed by OpenAI and Microsoft, Figur AI anticipates raising $675M, marking a significant milestone for the company valued at $2B. Bezos-led Explore Investments LLC has invested…
ChatGPT boosts Nvidia revenue: In a stunning turn of events, Nvidia, a global leader in visual computing and AI technology, has managed to double its revenue within a single year. While this might seem like an extraordinary accomplishment in itself, the driving force behind this meteoric rise has been Nvidia’s strategic integration of ChatGPT, an…
