Norway’s $2.3 trillion sovereign wealth fund has revealed a 0.05 per cent stake in SpaceX worth $1.22 billion, marking its first reported holding in Elon Musk’s space company.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 11th of August, covering the latest developments.
Nvidia is teaming up with some of the biggest names in global finance in a move that underscores how artificial intelligence is rapidly becoming one of the world's most sought-after investment themes.
Apple is closing in on Nvidia's position as the world's most valuable publicly traded company, as investors increasingly bet the iPhone maker can turn artificial intelligence into sustained earnings growth.
Beijing is using Shanghai’s artificial intelligence (AI) forum to promote its governance agenda and showcase domestic alternatives to U.S. technology.
Kazakhstan has signed a $10 billion agreement with Firebird and NVIDIA to build one of Central Asia's largest AI computing hubs, as governments increasingly compete for the infrastructure needed to power artificial intelligence.
The United States has moved to close a regulatory gap that may have allowed advanced AI chips to reach Chinese-linked firms overseas despite export restrictions.
President Donald Trump said he would urge China’s Xi Jinping to “open up” to U.S. business during his trip to a summit in Beijing on Wednesday. He also added Nvidia CEO Jensen Huang to a group of executives travelling with him, following a stop in Alaska en route.
Wall Street ended sharply lower on Tuesday as investors worried about artificial intelligence (AI) creating more competition for software makers, keeping them on edge ahead of quarterly reports from Alphabet and Amazon later this week.
European shares climbed on Thursday, as a relief rally swept through global markets after artificial intelligence (AI) bellwether Nvidia reported strong earnings, while investors awaited the release of delayed U.S. jobs data.
Wall Street closed sharply lower on Thursday, dragged down by steep losses in Nvidia, Tesla, and other artificial-intelligence heavyweights, as investors dialed back expectations for further Federal Reserve interest-rate cuts amid renewed inflation concerns and mixed signals from policymakers.
As competition over artificial intelligence intensifies, U.S. tech leaders are warning that China’s rapid state-backed progress could soon outpace the West, raising concerns that America is losing its technological edge.
Nvidia has announced a major partnership with the South Korean government and top companies to strengthen the country’s artificial intelligence capabilities by supplying hundreds of thousands of its advanced GPUs.
U.S. stocks were mixed late Wednesday as traders digested comments from Federal Reserve Chair Jerome Powell, who signaled that another interest rate cut in December is far from guaranteed. The Dow Jones Industrial Average and S&P 500 edged slightly lower, while the Nasdaq climbed on continued gains
U.S. chipmaker Nvidia has made history by becoming the first company in the world to reach a market value of 5 trillion dollars, driven by soaring demand for artificial intelligence technologies.
Nokia announced on Tuesday that chipmaker Nvidia will acquire a $1 billion stake in the company.
Nvidia CEO Jensen Huang unveiled major new initiatives on Tuesday (October 28), announcing that the U.S. Department of Energy (DOE) will partner with the company to build seven advanced AI supercomputers to accelerate national research and innovation.
Nvidia CEO Jensen Huang is set to meet "global leaders and top Korean executives" during his attendance at the Asia-Pacific Economic Cooperation CEO Summit in South Korea this month, the U.S. AI chipmaker announced on Sunday.
Elon Musk’s artificial intelligence startup xAI is targeting a $20 billion capital raise linked to Nvidia hardware, Bloomberg News has reported.
The relationship between OpenAI and NVIDIA represents one of the most consequential partnerships in the artificial intelligence (AI) industry, a symbiotic alliance that has evolved from humble beginnings to a £73 billion strategic collaboration that could reshape the future of computing.
Alibaba (9988.HK) announced on Wednesday a wide-ranging push into artificial intelligence (AI), unveiling a partnership with Nvidia, a global data centre expansion plan, and new AI products, as it seeks to make artificial intelligence a core business priority alongside its e-commerce operations.
Semiconductor shares from Asia to Europe rose sharply on Tuesday after Nvidia unveiled a $100 billion partnership with OpenAI to build massive Artificial Intelligence (AI) systems requiring millions of processors.
Chipmaker Nvidia will invest up to $100 billion in ChatGPT owner OpenAI and provide it with data centre chips, the companies announced Monday, forming a major partnership in the global artificial intelligence race.
Nvidia (NVDA.O) announced on Tuesday that it plans to release a new artificial intelligence chip by the end of next year, designed to manage complex tasks like video creation and software development.
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