Catenaa, Friday, July 18, 2025- China hopes that Nvidia will provide high-quality and reliable products and services to Chinese customers, as demand for H2O chips soars. Chinese Commerce Minister Wang Wentao said in a statement on Friday that Nvidia was willing to deepen cooperation with Chinese partners in the field of artificial intelligence. Nvidia CEO […]
Catenaa, Thursday, September 18, 2025- Chinese AI developer DeepSeek said it spent $294,000 on training its R1 model, much lower than figures reported for US rivals, as Beijing reignites the AI race with US. The rare update from the Hangzhou-based company, the first estimate it has released of R1’s training costs, appeared in a peer-reviewed […]
Catenaa, Sunday, May 18, 2025-The net worth ofJensen Huang, the CEO of Nvidia, increased to about $120 billion last Tuesday, up from $80 billion just a year ago. This rise follows a boom in demand for the company’s artificial intelligence (AI) chips, which has significantly boosted Nvidia’s stock price. The company’s shares climbed 5.6% to […]
Catenaa, Wednesday, July 16, 2025- Nvidia will ramp up the supply of Chinese-compliant H20 chips in the coming months and look to bring more advanced semiconductors to the Chinese market. “I hope to get more advanced chips into China. Today H20 is still incredibly good, but in coming years, whatever we are allowed to sell […]
Catenaa, Tuesday, May 27, 2025-Nvidia CEO Jensen Huang has proclaimed the end of Moore’s Law, declaring that modern AI innovation has far surpassed the traditional pace of chip development once defined by it. Speaking at Foxconn’s keynote during Computex, Huang championed Nvidia’s advances in packaging and proprietary interconnect technologies as the new gold standard for […]
Catenaa, Friday, May 23, 2025- Nvidia’s rise to center stage has been fueled by the spending of its fellow members of the so-called Magnificent Seven on chipmaker’s AI chips, Bloomberg said. Bloomberg estimates show that Microsoft is the largest driver of Nvidia’s revenue, followed by Meta, Amazon, and Google parent Alphabet, while Tesla is Nvidia’s […]
Catenaa, Friday, September 12, 2025- OpenAI said its nonprofit parent will have an equity stake exceeding $100 billion in the ChatGPT maker, making it “one of the most well-resourced philanthropic organizations in the world.” OpenAI, which said the “recapitalization would also enable us to raise the capital required to accomplish our mission,” also said it […]
Catenaa, Thursday, July 17, 2025- TSMC, the world’s largest contract chipmaker, posted a 60.7% jump in second-quarter net profit on Thursday as it benefited from surging demand for semiconductors used in AI applications. Taiwan Semiconductor Manufacturing Company, whose customers include Apple and Nvidia, saw April-June net profit rise to $13.53 billion. “Our business in the […]