2 / 4 Relevant items tagged with #Nvidia

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Tech giants losing momentum as AI progress disappoints investors

[Aug 12 10:45 AM] The current AI oversupply has prolonged the cost recovery on major AI investments, which could force large corporations to shift investment focus.

Half of the 10 most valuable companies on Earth are making metaverse hardware

[Aug 11 8:13 PM] The metaverse is dead, long live the metaverse.

Apple used Google’s chips to train its AI — where does that leave Nvidia?

[Aug 10 4:28 PM] Nvidia’s shrinking market cap could signal a shift in the generative AI developer’s market.

SEC and Ideanomics settle crypto revenue reporting fraud charges

[Aug 10 8:12 AM] According to the report, all parties involved have agreed to settle the charges without admitting or denying the SEC’s findings

Bitcoin Faces Risk From 'Maxed Out' U.S. Consumers, Analyst Says

[Aug 8 6:54 AM] U.S. consumers are accumulating debt at a slower rate, data released Wednesday showed.

UK-based tech startup could become Nvidia of quantum

[Aug 7 5:26 PM] Riverlane’s error-correction chips could do for quantum computing what Nvidia’s GPUs did for artificial intelligence.

Bitcoin could fall below $50K if Magnificent 7 stocks stage another $500B loss

[Aug 7 1:52 PM] Bitcoin could see more downward pressure if the top tech stocks in the US continue to shed value.

Microsoft declares OpenAI both ‘strategic partner’ and ‘competition’ in SEC filing

[Aug 3 8:53 PM] The two companies face antitrust probes in the US and EU over their partnership.

Nvidia delays next gen AI chip as investors issue ‘bubble’ warning

[Aug 3 4:54 PM] After briefly breaking the $3 trillion market capitalization mark in June, things have taken a negative turn for the world’s most valuable chipmaker.

Tech stocks plummet as Intel nosedives, Nvidia faces antitrust probe

[Aug 2 5:14 PM] It’s layoff season again as Big Tech and the semiconductor industry fail to meet investor expectations.

Nvidia stock jumps 11% after SIGGRAPH unveil: ‘next wave of AI is robotics’

[Jul 31 4:55 PM] We’re entering the “third wave” of AI and the era of mechanical humanoids, according to Nvidia.

Nvidia Becoming More Volatile Than Bitcoin and Ether

[Jul 31 6:19 AM] Bitcoin has exhibited a strong positive correlation with NVDA since late 2022.

‘Magnificent seven’ stocks shed $2.6T in lead-up to busy earnings week

[Jul 31 5:14 AM] The world’s best-performing tech stocks have bled an average $125 billion market cap per day for the past 20 days while crypto market cap has risen 11%.

Citron crypto-skeptic Andrew Left to face fraud charges

[Jul 29 3:22 AM] The crypto-skeptic could spend 25 years behind bars should he be convicted on all 18 fraud-related charges.

AI and Metaverse Combo Could Create More Interactive, Personal Virtual Worlds, Says Tech Veteran

[Jul 20 10:04 PM] According to Paul Thomas, a seasoned technologist and founder at Somnia, artificial intelligence (AI), like the metaverse before it, is currently experiencing hype. This hype cycle will continue to be in vogue before eventually waning. Thomas…

TSMC becomes first Asian company to reach $1T as AI demand surges

[Jul 20 10:26 AM] The company is now worth more than Broadcom and closing in on Meta.

Nvidia claims breakthrough on path to GPU-based quantum computing

[Jul 19 2:46 PM] Quantum annealing systems could impact the finance and blockchain industries in a major way.

Skild AI announces $300M funding from Jeff Bezos, Softbank to build ‘robot brains’

[Jul 14 10:43 AM] Another unicorn has entered the race the develop human-level AI.

Big Tech faces financial reckoning if human-level AI doesn’t happen soon

[Jul 5 2:14 PM] Sequoia Capital says the industry needs to make about $600 billion in profit before the current expenditures start to make sense.

Microsoft, Google, Nvidia and more filed SEC warnings that AI could ruin business

[Jul 4 12:23 PM] The reasons ranged from cannibalizing their own businesses to releasing potentially inferior products.

Softbank lost 99% when the dotcom bubble burst, now it’s all-in on AI

[Jul 3 2:42 PM] Softbank Group stocks reached an all-time-high on a market capitalization of $97.2 billion.

Over 50% of US hedge funds have exposure to Bitcoin as BTC crushes stocks in 2024

[Jul 2 10:16 AM] Millennium Management, holding 27,263 BTC worth $1.69 billion, has allocated about 2.5% of its $67.7 billion in total assets under management to Bitcoin.

South Korea’s 2nd largest chipmaker to invest $75B in AI through 2028

[Jun 30 2:30 PM] The investment comes after a March commitment to spend $90 billion on a chip fabrication facility near Seoul.

Nvidia launches in Middle East amid US AI export clampdown: Report

[Jun 24 7:59 AM] Nvidia partners with Qatari telecom provider Ooredoo to bring advanced AI technology to the Middle East, marking a significant expansion amid U.S. export restrictions.

Market Jitters: Analysts Warn of Looming US Stock Crash, Draw Parallels to 1929

[Jun 23 12:30 PM] As the U.S. stock market scales new heights, a growing chorus of analysts warns that a severe crash could be on the horizon, reminiscent of the devastating 1929 collapse. Concerns center around the meteoric rise of Nvidia and the burgeoning…

Why did Fetch and SingularityNET AI-tokens just surge 30%?

[Jun 20 10:19 AM] Both AI-tokens Fetch and SingularityNET staged a strong price recovery after a three-month downtrend.

Nvidia Propels AI Crypto Tokens To Market Leadership: Here Are The Top 3 Winners

[Jun 19 10:00 PM] Amid an overall market downtrend, crypto assets based on artificial intelligence (AI) have exhibited substantial gains, fueled by the AI frenzy permeating the traditional finance and crypto markets.  This surge has been further augmented by the…

Nvidia is now the world’s most valuable publicly traded company

[Jun 18 4:57 PM] Graphics processing and AI giant Nvidia provides roughly 80% of the artificial intelligence chips used in high-end data centers.

US Supreme Court to Hear Nvidia’s Bid to Dismiss Crypto-Related Lawsuit

[Jun 17 1:14 PM] The U.S. Supreme Court has agreed to hear Nvidia’s appeal to dismiss a securities fraud lawsuit accusing the company of misleading investors about its sales to the cryptocurrency industry. Nvidia’s appeal follows a lower court’s…

Tesla investors sue Elon Musk for diverting resources, talent to xAI

[Jun 13 10:39 PM] Shareholders accused Tesla boss Elon Musk of “brazen disloyalty” with his xAI startup that created “billions in AI-related value at a company other than Tesla.”