Topic: nvidia investment
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Nvidia puts $1.5B into SoftBank-backed AI data center firm
Nvidia announced a $1.5 billion investment in SB Energy, becoming the exclusive compute infrastructure provider for OpenAI’s Ports-Pike facility near Cincinnati, while extending up to $105 billion in credit for the project. The site, which can scale from 4.25 to 8 gigawatts, will include a 9.2 gi...
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Nvidia cuts OpenAI deal to $125B, reveals its assets to investors
Nvidia reduced its financial backing for OpenAI's data center project from a full commitment to $125 billion, initially guaranteeing only half of the 10-gigawatt initiative with a final decision deferred. The revised terms aim to address investor concerns about Nvidia's risk exposure, reflecting ...
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Nvidia revealed as mystery tenant behind Hut 8's $50bn Texas data centre
For nearly two weeks, the company behind a massive Texas data centre lease agreement remained a mystery, identified only as an "unnamed, investment-grade hyperscaler" in Hut 8's filings. The "Financial Times" has now revealed, citing five sources, that the mystery tenant is Nvidia. Nvidia is the ...
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Nvidia in talks to back $250bn of OpenAI data-centre financing
Nvidia is reportedly negotiating to back approximately $250 billion in financing for OpenAI, enabling the ChatGPT creator to build a massive new data centre without needing an investment-grade credit rating. Under the proposed structure, Nvidia would serve as a financial guarantor to underwrite t...
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Nvidia invests in a company with zero revenue
Nvidia has made a substantial investment in Safe Superintelligence (SSI), an AI lab founded by Ilya Sutskever that currently has no product or revenue and focuses on foundational research for safe, superintelligent AI. The partnership gives Nvidia early access to cutting-edge research and deepens...
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Nvidia poached Groq’s top engineers; now Groq raises $650M for what remains
Groq is raising $650 million from existing investors to fuel its inference cloud business, just six months after Nvidia's $20 billion deal that cashed out investors and poached top engineers. The funding signals confidence in Groq's post-Nvidia focus on its inference cloud platform, which special...
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Nvidia CEO says Taiwan, not US, should lead AI revolution
Nvidia CEO Jensen Huang announced a $150 billion annual investment in Taiwan, including a new headquarters, to solidify the island's role as the irreplaceable epicenter of the global AI supply chain. The investment, a significant increase from $10-15 billion annually five years ago, aims to lock ...
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Nvidia, Atlassian Back Legora’s $600M Series D
Legora extended its Series D by $50 million to $600 million at a $5.6 billion valuation, with new investors including Nvidia’s NVentures and Atlassian, bringing total funding to $866 million since its 2023 founding. Nvidia’s investment focuses on agentic AI infrastructure for legal work, a comput...
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Google, Marvell in Talks to Build New AI Chips
Google is in talks with Marvell Technology to develop two new AI accelerator chips, a memory processing unit and an inference-optimized TPU, as part of a strategy to diversify its supply chain and control costs. This move would create a multi-vendor architecture, with Broadcom as the primary part...
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SiFive's AI Chip Valuation Hits $3.65 Billion
SiFive, founded by RISC-V creators, raised $400 million, reaching a $3.65 billion valuation, highlighting the strategic rise of open-standard chip designs for AI. The funding round includes a strategic investment from Nvidia, signaling its move to integrate the RISC-V ecosystem into its AI hardwa...
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NVIDIA Invests $2 Billion in AI Cloud Startup Nebius
NVIDIA is investing $2 billion in Nebius Group to fund a strategic partnership aimed at deploying over five gigawatts of NVIDIA-powered AI compute capacity by 2030, securing a major customer for its hardware. The investment, executed via warrants, provides Nebius immediate capital to scale its AI...
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Nvidia to Invest $26 Billion in Open-Weight AI Models
Nvidia is investing $26 billion over five years to develop open-source AI models, signaling a strategic shift from chip manufacturing to becoming a major AI research lab that can compete with leaders like OpenAI. The company unveiled its advanced open-weight model, Nemotron 3 Super, which boasts ...
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Amazon, Nvidia, Softbank Invest $110B in OpenAI
OpenAI has secured $110 billion in new funding, achieving a $730 billion valuation and highlighting intense competition in the AI sector, with major investments from Amazon, Nvidia, and SoftBank. Amazon's $50 billion investment is part of a strategic partnership to jointly develop custom AI model...
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OpenAI Nears $100B Deal at Over $850B Valuation
OpenAI is reportedly close to securing over $100 billion in funding, which would value the company at more than $850 billion, reflecting immense investor confidence. The company requires substantial capital for AI development and is testing ads in ChatGPT to diversify revenue, though this risks a...
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Vanished: Nvidia's $100 Billion OpenAI Deal Disappears
A proposed $100 billion partnership between Nvidia and OpenAI has collapsed, with Nvidia's CEO clarifying the figure was never a formal commitment and no agreement was reached. OpenAI has been exploring alternative chip suppliers for over a year due to performance concerns, specifically citing in...
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Nvidia Invests $2B to Boost CoreWeave's AI Compute by 5GW
Nvidia is investing $2 billion in CoreWeave to accelerate the deployment of over 5 gigawatts of AI computing capacity by 2030, funding the collaborative construction of specialized "AI factories" powered by Nvidia hardware. The partnership involves CoreWeave integrating Nvidia's full product ecos...
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Anthropic Seeks $10B at $350B Valuation
Anthropic is reportedly preparing to raise $10 billion in new funding, which would value the AI company at approximately $350 billion, nearly doubling its worth in three months. The new investment round, led by Coatue Management and GIC, is separate from a prior $15 billion commitment from Nvidia...
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Nvidia's $2B Synopsys Deal Tightens Grip on Chip Design
Nvidia is investing $2 billion in Synopsys to integrate its AI hardware into Synopsys's chip design software, aiming to accelerate semiconductor development. The investment strengthens Nvidia's strategic influence in foundational chip design tools and provides Synopsys with stability and growth c...
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Tech Giants Invest Billions in AI Startup Anthropic
Microsoft and Nvidia are investing billions in AI startup Anthropic, with a $30 billion commitment from Anthropic to use Microsoft's cloud infrastructure and additional funding from both companies. This partnership connects major OpenAI backers with a key competitor, as Microsoft integrates Anthr...
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Nvidia Invests Up to $1 Billion in AI Startup Poolside
Nvidia is planning a $500 million to $1 billion investment in Poolside, an AI platform for software development, as part of a larger $2 billion funding round valuing the startup at $12 billion. This investment continues Nvidia's previous support, having also contributed to Poolside's $500 million...
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