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Foxconn Chairman Young Liu told CNBC the company holds roughly 40% of the AI server market by its own estimate and hopes to reach 50% within a couple of years. In the same interview he warned that overin
The Justice Department has reportedly asked whether Nvidia's $12.93 billion Hugging Face deal would give it a key distribution point for AI and a way to disadvantage rivals, according to anonymous source
The New York Times reports, citing unnamed sources, that US intelligence believes a Megaspeed executive acted as a Chinese intelligence asset and grew close to Nvidia CEO Jensen Huang. Nvidia says the co
Nvidia is putting $3 billion into Meta's stock offering, and Meta says it will deploy more Vera Rubin hardware in return. The AI money loop between supplier and customer just got a lot tighter.
Unconventional AI is buying Israeli chipmaker NeuReality after AI tools sped up its research so much that Naveen Rao told Reuters it needs production engineers years ahead of schedule.
Meta launched a record equity raise of up to $95 billion to pay for its AI build out, and Nvidia, AMD and Broadcom have expressed interest in buying up to $5 billion of the shares.
