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Saudi Arabia and UAE Boost AI Efforts: Snagging Nvidia Chips and Tapping Chinese Expertise
Saudi Arabia, through the King Abdullah University of Science and Technology, has acquired at least 3,000 Nvidia H100 chips valued at about $1.2 billion, set for delivery by the end of 2023. The university plans to utilize these chips to develop its own advanced language model. Saudi Arabia, through the King Abdullah University of Science and Technology, has acquired at least 3,000 Nvidia H100 chips valued at about $1.2 billion, set for delivery by the end of 2023. The university plans to utilize these chips to develop its own advanced language model. -
NVIDIA Skyrockets as Morgan Stanley Touts & Middle East Tycoons Battle Over GPUs
In the recent U.S. stock market session, NVIDIA shares enjoyed a significant surge, closing more than 7% higher and gaining an additional 1.8% after-hours, settling at $445.57 per share. In the recent U.S. stock market session, NVIDIA shares enjoyed a significant surge, closing more than 7% higher and gaining an additional 1.8% after-hours, settling at $445.57 per share. -
Nvidia's Skyrocketing Valuation: A Testament to the AI Revolution or a Cause for Investor Concern?
As the AI fervor stirred up by ChatGPT dispels the "tech winter" that plagued U.S. stocks at the end of last year, tech shares in the U.S. stock market have ridden the wave, emerging as the main force propelling U.S. stock indices. Among them, Nvidia, often hailed as the "sole arms dealer of the AI era," stands out. As the AI fervor stirred up by ChatGPT dispels the "tech winter" that plagued U.S. stocks at the end of last year, tech shares in the U.S. stock market have ridden the wave, emerging as the main force propelling U.S. stock indices. Among them, Nvidia, often hailed as the "sole arms dealer of the AI era," stands out. -
$5 Billion in Orders: China's Tech Giants Race to Secure NVIDIA Chips, Backlog Extends into Next Year
As AI competition heats up, NVIDIA, the go-to "arms dealer" for AI chips, sees an increased demand, with recent reports corroborating this frenzy. As AI competition heats up, NVIDIA, the go-to "arms dealer" for AI chips, sees an increased demand, with recent reports corroborating this frenzy. -
NVIDIA's Vision: 'AI-Native' Set to Revolutionize Data Centers
NVIDIA's CEO, Jensen Huang, proclaimed during a Tuesday press event that the company has introduced their next-gen GH200 Grace Hopper superchip platform, specifically designed for the accelerating computing needs of the generative AI era. NVIDIA's CEO, Jensen Huang, proclaimed during a Tuesday press event that the company has introduced their next-gen GH200 Grace Hopper superchip platform, specifically designed for the accelerating computing needs of the generative AI era. -
NVIDIA's Gamble on AI: CEO Jensen Huang Says 'We're Just Getting Started'
On August 8, local time, NVIDIA founder and CEO Jensen Huang, speaking at the SIGGRAPH computer graphics conference in Los Angeles, shared that the company made a pivotal business decision in 2018. A move not many realized would redefine its trajectory and help reshape a rapidly evolving industry. On August 8, local time, NVIDIA founder and CEO Jensen Huang, speaking at the SIGGRAPH computer graphics conference in Los Angeles, shared that the company made a pivotal business decision in 2018. A move not many realized would redefine its trajectory and help reshape a rapidly evolving industry. -
Morgan Stanley Sounds the Alarm: NVIDIA's Surge May Indicate AI Stock Bubble Nearing Peak
The artificial intelligence (AI) stocks that have been setting the pace in U.S. equities this year may be seeing their heyday nearing an end. The artificial intelligence (AI) stocks that have been setting the pace in U.S. equities this year may be seeing their heyday nearing an end. -
AI Chip Demand Skyrockets: Q2 Intel Sales Sixfold, AMD Sevenfold - NVIDIA Next in Line
The escalating "arms race" among tech giants over AI technology continues to gain momentum, bringing substantial benefits to chip manufacturers, including NVIDIA. The escalating "arms race" among tech giants over AI technology continues to gain momentum, bringing substantial benefits to chip manufacturers, including NVIDIA. -
NVIDIA Faces Stiff Competition: The Battle of AI Chip Titans
With a weekly price surge of 30%, and single units selling for over $100,000, the NVIDIA A800 has become a hot commodity in the market due to the booming interest in artificial intelligence and the current chip shortage. With a weekly price surge of 30%, and single units selling for over $100,000, the NVIDIA A800 has become a hot commodity in the market due to the booming interest in artificial intelligence and the current chip shortage. -
Nvidia's Pivot to Cloud: Edges Closer to Acquiring Lambda Labs
Nvidia is in the process of transitioning from a chip design company to a cloud services provider. Nvidia is in the process of transitioning from a chip design company to a cloud services provider.