Tech giant Nvidia was founded in 1993 by three computer-scientist-video-gamers in the middle of Silicon Valley. They developed their plans at a local Denny's in East San Jose. With no
Nvidia Corp. Chief Executive Officer Jensen Huang announced a raft of new chips, software and services, aiming to stay at the forefront of artificial intelligence computing.
Nvidia faces a significant revenue threat due to the latest U.S. export restrictions on artificial intelligence chips, designed to limit the global distribution of these coveted processors, analysts and investors said.
Nvidia is cozying up to the incoming Trump administration after criticizing a new AI framework just announced by the Biden administration. The rules are meant to keep advanced chips and AI models under the control of the United States and its allies, but the President-elect will have the final decision on whether to enforce them.
Capturing a growing share of the global AI economy could help spark thousands of new, well-paying jobs at a time when much of the city’s job growth has been in low-wage occupations and private sector employment is up just 2.5 percent since before the pandemic hit.
Agentic AI refers to systems that can autonomously take actions to solve problems or accomplish multi-step tasks on behalf of humans.
Nvidia blasted the Biden administration for implementing ... of advanced chips most nations can buy from US firms. The new policy would also tighten requirements on exporting AI-related data ...
Nvidia has used its ballooning fortunes to invest in over 80 AI startups. Here are the giant semiconductor's largest investments.
The S&P 500 gained 0.55% to close at 5,975.38. The Nasdaq Composite advanced 1.24% to end at 19,864.98. The Dow Jones Industrial Average lagged, losing 25.57 points, or 0.06%, to close at 42,706.56.
Uber drove 3.2% higher after the ride-hailing app said it would accelerate $1.5 billion in purchases of its own stock, part of a previously announced $7 billion buyback program. Uber’s chief financial officer, Prashanth Mahendra-Rajah, said it’s making the move because its stock price looks cheap compared with the strength of its business.
Nvidia’s shares are up again in premarket ... based in London. He joined The New York Times in 2022 from the Financial Times, where he held a number of senior roles in Hong Kong and London.
Nvidia’s VP of government affairs, Ned Finkle, released a seven-paragraph statement critical of the rule and said the company “look [s] forward to a return” to the Trump administration’s policies.