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Key Facts

Founded1993

Key PeopleJensen Huang

HeadquartersSanta Clara, USA

ProductsH100, B200, CUDA

Top News

Firmus Secures $10 Billion from Blackstone to Build Australia's AI Infrastructure Empire

Australian artificial intelligence infrastructure developer Firmus has finalized a $10 billion debt funding package led by Blackstone and Coatue Management to expand its AI training and inference data centers. The company is awaiting a $2 billion computer order from Nvidia and is close to securing Meta as a major customer, positioning Australia as a potential AI export hub.

Business2 sources

Firmus Secures $10 Billion from Blackstone to Build Australia's AI Infrastructure Empire

Business2 sources

Anthropic raises $30 billion in Series G, doubling valuation to $380 billion as AI race heats up

Anthropic has closed a massive $30 billion Series G funding round, more than doubling its valuation to $380 billion. The artificial intelligence startup, backed by GIC and Coatue, is accelerating its competition with OpenAI while its Claude Code model drives enterprise adoption. With a revenue run rate now at $14 billion and growing 10x annually, Anthropic faces mounting questions about profitability amid heavy infrastructure spending.

Startups33 sources

Anthropic raises $30 billion in Series G, doubling valuation to $380 billion as AI race heats up

Startups33 sources

India's AI data centers promise internet era-type job boom, but IMF warns of 40% displacement

Nvidia CEO Jensen Huang claims AI infrastructure will create massive employment across construction, operations, and innovation in India. With $200 billion in expected data center investments and tax holidays until 2047, tech giants are betting big. But the IMF warns AI could disrupt 40% of jobs, creating tension between physical infrastructure optimism and automation reality.

Business3 sources

India's AI data centers promise internet era-type job boom, but IMF warns of 40% displacement

Business3 sources

Semiconductor sales set to hit $1 trillion in 2026 as AI demand fuels historic industry growth

The semiconductor industry reached $791.7 billion in sales in 2025, marking a 25.6% year-over-year increase, and is projected to cross the $1 trillion milestone in 2026. The Semiconductor Industry Association attributes this growth to surging demand for AI infrastructure, including advanced computing chips and memory products, as tech firms invest heavily in building data centers for artificial intelligence.

Business3 sources

Semiconductor sales set to hit $1 trillion in 2026 as AI demand fuels historic industry growth

Business3 sources

Wistron Chairman Dismisses AI Bubble Fears, Projects Strong Growth Through 2027

Simon Lin, chairman of Taiwanese electronics manufacturer Wistron, firmly rejects claims that AI is a bubble, stating that a new AI era is arriving. The Nvidia supplier reports strong order growth extending into 2027, with U.S. manufacturing facilities set to begin volume production in early 2025 to support Nvidia's $500 billion AI server expansion plan.

Business3 sources

Wistron Chairman Dismisses AI Bubble Fears, Projects Strong Growth Through 2027

Business3 sources

Nvidia delays next-gen graphics cards until 2028 as AI chips take priority over gaming GPUs

Nvidia is pushing back its RTX 6000 graphics cards to 2028, marking a three-year gap without new gaming GPU releases. The delay stems from a global memory shortage fueled by AI data center demand, forcing the company to prioritize its lucrative AI chips over consumer gaming products. With gaming GPUs now representing just 8% of Nvidia's revenue compared to 35% in 2022, PC gamers face extended waits and rising prices.

Business6 sources

Nvidia delays next-gen graphics cards until 2028 as AI chips take priority over gaming GPUs

Business6 sources

AI Slump Wipes $62 Billion from Tech Billionaires as Software Stocks Crater

Software billionaires have lost at least $62 billion this year as fears surrounding artificial intelligence trigger a massive selloff. Larry Ellison dropped nearly $40 billion while AppLovin's CEO Adam Foroughi saw his fortune plunge from $27 billion to $17.3 billion. The crash accelerated after Anthropic released an AI tool that automates legal work, sparking $285 billion in market losses.

Business3 sources

AI Slump Wipes $62 Billion from Tech Billionaires as Software Stocks Crater

Business3 sources

Nvidia Must Accept Strict Licensing Terms for H200 AI Chip Sales to China, Lutnick Says

Commerce Secretary Howard Lutnick stated that Nvidia must comply with non-negotiable licensing terms for selling H200 AI chips to China, including Know-Your-Customer requirements to prevent military access. The chipmaker has not yet agreed to all proposed conditions, delaying shipments despite Trump administration approval. Chinese firms are turning to black-market hardware and domestic alternatives amid the uncertainty.

Policy9 sources

Nvidia Must Accept Strict Licensing Terms for H200 AI Chip Sales to China, Lutnick Says

Policy9 sources

Bedrock Robotics raises $270M to deploy autonomous construction fleets across US projects

San Francisco-based Bedrock Robotics closed a $270 million Series B round led by CapitalG and Valor Atreides AI Fund, valuing the year-old startup at $1.75 billion. The AI startup for construction retrofits excavators and bulldozers with autonomous technology to address acute labor shortages, with the construction industry needing 800,000 workers over the next two years.

Startups2 sources

Bedrock Robotics raises $270M to deploy autonomous construction fleets across US projects

Startups2 sources

Cerebras Systems raises $1B at $23B valuation as Benchmark doubles down with $225M investment

AI chipmaker Cerebras Systems secured $1 billion in fresh capital at a $23 billion valuation, nearly tripling its worth in just four months. The funding round, led by Tiger Global, included a massive $225 million commitment from early backer Benchmark Capital, which created special infrastructure funds specifically for the investment. The raise positions Cerebras to compete more aggressively with Nvidia following its recent $10 billion OpenAI partnership.

Business7 sources

Cerebras Systems raises $1B at $23B valuation as Benchmark doubles down with $225M investment

Business7 sources

Jensen Huang tells companies to skip ROI demands and let AI innovation run wild

Nvidia CEO Jensen Huang challenged conventional business wisdom at the Cisco AI Summit, urging leaders to abandon immediate ROI expectations for AI projects. Comparing corporate innovation to parenting, he advocated for messy experimentation over rigid control, arguing that demanding proof of financial success before trying new AI tools stifles creativity just like asking a child to justify a hobby with a business plan.

Technology2 sources

Jensen Huang tells companies to skip ROI demands and let AI innovation run wild

Technology2 sources

Germany Opens €1 Billion AI Data Center to Boost Digital Sovereignty and Industrial AI

Deutsche Telekom, Nvidia, and SAP have launched one of Europe's largest AI computing facilities in Munich. The €1 billion Industrial AI Cloud aims to reduce European dependence on foreign digital infrastructure while boosting Germany's AI computing power by 50%. The facility operates at 30% capacity and represents the first step toward building AI gigafactories across Europe.

Technology3 sources

Germany Opens €1 Billion AI Data Center to Boost Digital Sovereignty and Industrial AI

Technology3 sources

Positron raises $230M Series B to challenge Nvidia with energy-efficient AI chips at $1B valuation

Semiconductor startup Positron has raised $230 million in Series B funding at over $1 billion valuation to accelerate development of energy-efficient AI chips. Backed by Qatar Investment Authority and Arm Holdings, the Reno-based company claims its upcoming Asimov chip will deliver five times more tokens per watt than Nvidia's Rubin GPU while offering six times more memory capacity for inference workloads.

Startups3 sources

Positron raises $230M Series B to challenge Nvidia with energy-efficient AI chips at $1B valuation

Startups3 sources

Intel hires chief GPU architect to challenge Nvidia's dominance in AI and data center markets

Intel CEO Lip-Bu Tan confirmed the chipmaker is actively developing GPUs with newly hired chief architect Eric Demers from Qualcomm. The move signals Intel's commitment to compete in the lucrative AI and data center GPU market, where Nvidia currently dominates. Intel plans to manufacture these chips internally through its foundry business.

Technology6 sources

Intel hires chief GPU architect to challenge Nvidia's dominance in AI and data center markets

Technology6 sources

Supermicro Revenue Growth Soars 123% as AI Boom Drives Record Q2 Results

Supermicro delivered a stellar second quarter with revenue jumping 123% to $12.7 billion, fueled by surging demand for AI infrastructure. The company raised its annual revenue forecast to at least $40 billion as GPU-based systems accounted for 84% of quarterly revenue. Despite margin pressures, CEO Charles Liang sees strong growth ahead with Data Center Building Block Solutions.

Business5 sources

Supermicro Revenue Growth Soars 123% as AI Boom Drives Record Q2 Results

Business5 sources

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