Microsoft purchased nearly half a million of Nvidia's flagship Hopper chips in 2024 TikTok's parent company, ByteDance, and ...

Nvidia and AMD’s participation in xAI’s funding round means they are directly financing a rival to their major customers.

Tencent and ByteDance ordered roughly 230,000 of NVIDIA’s Hopper GPUs, including a specialised H20 variant tailored to comply ...

AI finished raising $6 billion in new funding and has begun receiving Nvidia GB200 chips. The chips are arriving about a ...

Elon Musk's xAI, the startup behind the Grok chatbot and Colossus supercomputer, raised $6 billion in a Series C funding ...

In total, 97 investors were involved in this round of funding, with the minimum investment per participant pegged at $77,593.

From a valuation perspective, AMD is a modestly cheaper stock, trading at a forward price-to-earnings (P/E) ratio of 24 compared to nearly 31 for Nvidia. However, Nvidia has been growing its total ...

Elon Musks xAI has closed a $6 billion funding round powered by NVIDIA and AMD investments. The funding will scale AI ...

Nevertheless, the deals — and xAI’s developer and consumer-facing products — have driven xAI’s revenue to around $100 million ...

Nvidia and AMD invest $6 billion in Musks xAI to rival OpenAI Nvidia and AMD join forces to back Musks emerging AI competitor ...

The AI firm has dedicated at least $12 billion this year into its Grok AI model and its “Colossus” supercomputer located in ...

Nvidia and AMD, leading the artificial intelligence (AI) chip market, have bet on the AI startup xAI simultaneously. Founded ...