Nvidia and Wall Street Unite for Massive $500 Billion AI Infrastructure Push
Nvidia is joining forces with some of Wall Street’s largest financial institutions in an ambitious effort to mobilize more than $500 billion for artificial-intelligence infrastructure, highlighting how the AI boom is evolving from a technology investment cycle into one of the world’s largest infrastructure-financing opportunities. The initiative is designed to provide enormous pools of private […]
Nvidia Considers $250 Billion Guarantee to Support OpenAI’s Massive Ohio Data Center
Nvidia is in advanced discussions to provide a financial guarantee of approximately $250 billion for OpenAI, potentially enabling the artificial-intelligence company to secure financing for an enormous data-center project planned in southern Ohio. The arrangement would represent an extraordinary expansion of Nvidia’s role in the AI industry, transforming the chipmaker from a hardware supplier and […]
Warren Warns Nvidia’s Slurm Deal Could Create a Dangerous AI and Defense Chokepoint
Senator Elizabeth Warren is pressing the U.S. government to examine whether Nvidia’s acquisition of SchedMD, the developer behind the widely used Slurm software system, could create new risks for competition and national security. Warren sent a letter to Energy Secretary Chris Wright and Defense Secretary Pete Hegseth asking how dependent their departments have become on […]
Asian markets track Wall St down with Nvidia, US jobs in view
Asian stocks sank Tuesday, tracking more losses on Wall Street as investors grow increasingly worried about frothy tech valuations, with focus turned to earnings this week from AI chip titan Nvidia. Building anxiety that this year’s record rally linked to all things artificial intelligence has made some traders question whether the billions spent on the […]
Nvidia CEO Jensen Huang unveils new Rubin AI chips at GTC 2025
Nvidia founder Jensen Huang kicked off the company’s artificial intelligence developer conference on Tuesday by telling a crowd of thousands that AI is going through “an inflection point.” At GTC 2025 — dubbed the “Super Bowl of AI” — Huang focused his keynote on the company’s advancements in AI and his predictions for how the […]
