Nvidia shares fell on Monday, costing the chipmaker its position as the world’s most valuable company, trading positions with Apple. Monday’s nearly 5% drop in Nvidia shares extends a volatile streak for the company and chipmakers generally. The stock is down about 3% in a week, and its recent troubles have caused it to lag
Several AI companies, including Hugging Face, Meta, Microsoft, Mistral and Nvidia, have signed an open letter urging policymakers not to impose broad “premature restrictions” on open-weight AI models. The letter comes as Washington debates how the United States should respond to accusations that Chinese AI labs are stealing intellectual property from their American counterparts and
Chipmaker AMD is taking aim at competitor Nvidia with its latest hardware release: a rack-scale system designed to meet the computing needs of the world’s largest artificial intelligence labs. At the company’s sold-out Advancing AI conference in San Francisco on Thursday, AMD President and CEO Dr. Lisa Su promoted the new AI rack system known
Nvidia’s efforts to deploy its GPUs throughout the world point to a new goal: the Moon. Lunar Outpost, a startup that builds robotics for space infrastructure, announced Thursday that its lunar rover will use Jetson chips to control its LiDAR system. When it does, it will likely be the first GPU on the lunar surface.
AI infrastructure company Infinity on Monday announced a $15 million raise at a $100 million valuation from investors including Touring Capital, Principal VC, and researchers at companies like OpenAI and Anthropic. The startup is creating software to make it easier for AI chips to run AI models. A big reason why Nvidia became the top
Alphabet, Google’s parent company, is designing a new server chip to help its internal Gemini models run more efficiently. The new chip, internally called “Frozen v2,” is scheduled to launch sometime in 2028, The Information reported, citing anonymous sources. According to the report, the chip could be six to 10 times more efficient than Google’s