NVIDIA boss says China ‘will win’ AI race with US
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AI startup Vast Data has signed a $1.17 billion commercial agreement with cloud provider CoreWeave, extending their existing partnership as demand for infrastructure that powers artificial intelligence systems grows,
Over the last three years, shares of semiconductor powerhouse Nvidia ( NVDA 1.71%) have soared by 1,500%. At the dawn of the artificial intelligence (AI) revolution, Nvidia's market capitalization hovered around $345 billion. Today, that figure has surged to $5.1 trillion, handily placing Nvidia as the most valuable company in the world.
Cisco and Nvidia are reinventing the data center for the AI era with new hardware, shared blueprints, and a vision for faster, smarter AI infrastructure.
Microsoft has announced it will ship Nvidia's advanced AI chips to the United Arab Emirates. The U.S. Commerce Department approved the deal in September.
Nvidia shared at the APEC summit that it will expand South Korea's AI infrastructure with over a quarter-million Nvidia GPUs across its sovereign clouds and AI factories. South Korea's Ministry of Science and ICT (MSIT) plans to deploy up to 50,000 of the latest Nvidia GPUs.
In the 2023 remarks from the King he said AI was "no less important than the discovery of electricity" but warned the risks must be tackled.
Palantir exposed Nvidia's biggest weakness -- its historically unsustainable valuation premium -- and it'll be on full display come Nov. 19. Before you buy stock in Nvidia, consider this: