Tag: NVIDIA

Nvidia Faces Another Challenger as Tenstorrent Raises 1.5 Billion Dollars at a 6.2 Billion Valuation

Jim Keller's AI chip company Tenstorrent has closed a $1.5 billion Series E at a $6.2 billion post-money valuation, led by Trace Capital and Innovation X, to scale production of its Galaxy servers. It re

Germany Is Preparing a Major AI Deal With Nvidia to Power Its Factories Robots and Self Driving Cars

Government sources told Reuters Germany will announce an AI cooperation agreement with Nvidia next week to expand industrial AI use, involving partners beyond Nvidia. Handelsblatt reports it would suppor

Europe New AMD Powered AI Supercomputer Could Challenge Nvidia's Dominance

French cloud company Scaleway will build its first AI supercomputer outside France in Sweden using AMD Instinct MI355X chips, opening a Nvidia-alternative option to European startups and businesses, with

Why Nvidia Is Losing Ground to Huawei in Chinas AI Chip Race

IDC data reported by Reuters shows Nvidia's share of China's data-centre AI chip market fell to 34% in the first half of 2026, with shipments down 44%, while Huawei shipped 572,000 accelerators for a 28%

Lambda Is Raising 4 Billion Dollars Before Its 2027 IPO

Nvidia-backed AI cloud provider Lambda is raising up to $4 billion at a $14.5 billion valuation in what could be its final private round before a planned 2027 IPO, with its order backlog jumping from $15

Nvidia And The AI Infrastructure Boom Just Hit A New Gear

Nvidia closed at a record high as AI infrastructure stocks rallied broadly, with Ciena jumping nearly 14% and Nebius gaining over 7% after Marvell raised its long-term revenue target to $70-90 billion by

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