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Keywords: Nvidia
Palantir Technologies has emerged as a standout success story on Wall Street, with its stock skyrocketing over 400% in the past year. The data analytics company has captivated investors, surpassing even Nvidia in popularity among retail investors. Unlike its counterparts, Palantir's focus on AI applications......
The U.S. government’s trade strategy with China has taken an unexpected turn as President Donald Trump announced a revenue-sharing deal with Nvidia and AMD, allowing limited sales of artificial intelligence (AI) chips to China. Under the agreement, the companies will pay 15% of their proceeds from......
Factories around the world will be run by artificial intelligence and robotics within the next ten years, replacing humans in repetitive and hazardous assembly tasks, said Nvidia CEO Jensen Huang on Wednesday during a conference in Beijing. “AI is now a fundamental infrastructure, much like electricity......
Korean company Naver has announced a partnership with Nvidia and Nexus to construct an AI data center in Morocco. This collaboration aims to provide sovereign AI computing services across Europe, the Middle East, and Africa. The data center will have a total capacity of 500 megawatts, with the first......
U.S. President Donald Trump concluded a brief visit to Qatar with a speech to American troops before traveling to the United Arab Emirates (UAE), where officials aim to position the wealthy Gulf nation as a leader in artificial intelligence (AI). The United States has reached a preliminary agreement......
Nvidia has projected a $5.5bn loss after the Trump administration prohibited the company from selling essential AI chips to China. The restrictions caused a significant drop in Nvidia's stock price, making a notable impact in after-hours trading. In a filing on Tuesday, Nvidia disclosed that its......
Cassava Technologies, the brainchild of Zimbabwean billionaire Strive Masiyiwa, has announced an ambitious plan to build Africa's inaugural artificial intelligence (AI) factory in collaboration with American tech giant Nvidia. This groundbreaking initiative aims to create a dynamic innovation ecosystem......
Cassava Technologies, founded by Zimbabwean entrepreneur Strive Masiyiwa, has unveiled an ambitious project to revolutionize technological innovation in Africa. In partnership with global tech giant NVIDIA, the company plans to establish the continent’s first artificial intelligence (AI) factory. This......
Tesla, the electric vehicle manufacturer, is facing significant turbulence in the financial markets. Its stock plummeted over 15% on the New York Stock Exchange, wiping out approximately $130 billion in market capitalization in a single session. This sharp decline marks a critical turning point for Elon......
