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News
Nvidia Invests Nearly $50 Billion in AI Labs That Buy Its Chips |??ن????رب??
2+ week, 4+ hour ago (859+ words) Nvidia has invested nearly $50 billion in artificial intelligence labs that purchase its chips, while helping arrange financing commitments worth more than $500 billion to support the expansion of AI data centres. Colette Kress, Nvidia’s chief financial officer, told analysts on August…...
Oracle Bets Billions on AI: Can the Data Center Boom Outpace Its Debt Burden? |??ن????رب??
3+ week, 3+ day ago (1036+ words) Oracle is entering a new phase in the global artificial intelligence race, emerging as one of the major beneficiaries of the boom in AI infrastructure. However, the company’s ambitious bet comes at a significant cost, as it pours billions of…...