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Nvidia (NVDA) Is Discussing Up To $10 Billion For An AI IPO
Simply Wall St.3d agoneutral
Nvidia (NVDA) Is Discussing Up To $10 Billion For An AI IPO

Nvidia (NasdaqGS: NVDA) is in advanced talks to invest up to US$10b in Anthropic's planned IPO, according to people familiar with the discussions. The chipmaker is also exploring a potential acquisition of AI platform Hugging Face for up to US$14b, in a deal that would expand its software footprint. Both moves would extend Nvidia's role beyond AI hardware into deeper capital partnerships and ownership stakes in key model and tooling providers. These possible Anthropic and Hugging Face deals...

Investing.com4d agoneutral
Meta stock rises on cost-saving AI chip deployment plans

Investing.com -- Meta Platforms (NASDAQ:META) shares rose 2% Tuesday morning after Bloomberg reported the company plans to deploy new in-house artificial intelligence chips in data centers during the first half of next year. The stock later pared gains to up 0.75%.

Trump, China Push Back on Calls to Slow AI
Bloomberg4d agoneutralVIDEO
Trump, China Push Back on Calls to Slow AI

Nvidia Chief Executive Officer Jensen Huang took a live phone call from Donald Trump during a panel discussion, where Trump dismissed artificial intelligence dangers as a "hoax." Meanwhile, a Chinese Foreign Ministry spokesperson has pushed back against tech leaders' calls to slow frontier AI development.