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Business News: Read latest Business News headlines, LIVE share market news and updates, financial, economic and banking news from India & across the World on Mint.
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Qualcomm, Amazon strike $4 billion custom AI chip deal: What are they building for next-gen data centres?
5+ day, 5+ hour ago (390+ words) Qualcomm shares jumped about 10% on Tuesday (8 September) following the announcement, as investors responded to the chipmaker's expanded push into data centre infrastructure. Qualcomm has traditionally been associated with processors used in smartphones and other mobile devices. That began to change…...
Nvidia bets big on AI, to acquire Hugging Face in $12.93 billion deal; Jensen Huang says it will remain???open platform???
1+ week, 3+ day ago (289+ words) Computer chip company Nvidia is buying artificial intelligence software platform Hugging Face for $12.93 billion. Nvidia CEO Jensen Huang wrote in a blog post Thursday that more than 18 million developers, researchers and creators use Hugging Face to share more than 3 million…...
E2E Networks bags ₹1,000 crore NVIDIA Blackwell cloud GPU deal from sovereign AI firm | Stock Market News
1+ week, 6+ day ago (451+ words) Multibagger E2E Networks, an AI-focused hyperscale cloud platform, is likely to attract investor interest during Tuesday's trade, September 1, after the company secured a significant long-term order for the provision of cloud GPUs and allied services. The NSE-listed company informed investors through…...
Google, Amazon, OpenAI are making AI chips — so why isn’t Nvidia losing sleep? | Company Business News
2+ week, 1+ day ago (541+ words) Nvidia has been the artificial intelligence (AI) chip leader since the earliest days of this technology boom, but it now faces threats from unlikely places – its own customers Google, Amazon, Microsoft, Meta and OpenAI are now developing their own custom…...
Franklin’s Araghi Says Nvidia Holders Want Map, Not Just a Beat | Company Business News
2+ week, 5+ day ago (424+ words) (Bloomberg) -- Franklin Templeton’s Sara Araghi said Nvidia Corp. needs to go beyond a headline earnings beat and provide investors with concrete detail on how it plans to deploy capital and sustain its spending plans. “More color on these investments, the…...
Nvidia’s trillion-dollar chip market has friends and foes closing in | Company Business News
2+ week, 5+ day ago (1718+ words) Amazon.com Inc.’s Andy Jassy has begun making an audacious boast during conference calls this year. Though his company remains a top Nvidia Corp. customer, it’s also one of the world’s largest makers of data center chips in its…...
Nvidia reportedly warns some of its biggest customers about upcoming price hike of AI servers by 15%: Details | Company Business News
3+ week, 18+ hour ago (444+ words) Chipmaker Nvidia is set to increase prices of its AI servers by 15 per cent as memory chip costs soar. The increase could complicate data center expansion plans, while giving memory makers greater leverage and potentially creating opportunities for Nvidia’s rivals....