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Chipmaker also invests $1.5bn into SB Energy, an energy company founded as part of SoftBank Group
On this episode of Stock Movers: - Shares of Alibaba (BABA) rise after disclosing a deal to sell its gaming arm and touting claims of more than 3 billion downloads for its open AI model. - Shares of DR Horton (DHI) and Macy’s (M) are moved higher after Berkshire Hathaway disclosed stakes in the comp
Nvidia's investment in SoftBank's data center developer will guarantee its chips power an OpenAI data center.
AI companies are seeing improved financial performance, according to reports, and memory-chip companies may be able to better fend off Chinese competition with the help of U.S. officials.
Maran Nalluswami, Synchrony's chief strategy officer, told CNBC it will probably take six to 12 months to get payments fully integrated into ChatGPT.
Technology giants are shelling out billions to scale capacity to meet massive data center demand.
Cathie Wood's Ark adds $30M Cloudflare, $27M Nvidia; cuts $60M Deere
AM Markets Need to Know: Nvidia cuts OpenAI backing, WLFI wins approval, and more
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HIVE's BUZZ HPC signed a five-year, $350M GPU cloud deal, adding $70M in ARR, its second large NVIDIA cluster deal in two months.
Why high productivity could still lead to a crash.