NVIDIA beats earnings expectations
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Microsoft, NVIDIA to invest in Anthropic
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Nvidia’s newly announced strategic partnership with OpenAI has not been finalized. “There is no assurance that we will enter into definitive agreements with respect to the OpenAI opportunity or other potential investments,
SoftBank unloaded $5.8 billion in Nvidia shares as part of a broader $40 billion bet on OpenAI, fueling fears of an AI bubble.
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Japan’s SoftBank says it has sold its shares in Nvidia for $5.8 billion, turning its focus to OpenAI
Japanese technology giant SoftBank says it has sold its stake in Nvidia, raising $5.8 billion to pour into other investments.
The company, which makes the computer chips essential to the artificial intelligence boom, also said revenue in its recent quarter rose to $57 billion.
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Factbox-From OpenAI to Google, firms channel billions into AI infrastructure as demand booms
Microsoft and Nvidia are planning to invest up to $15 billion in total in Anthropic, in the latest AI-driven tie-up that also includes a $30 billion commitment by the Claude maker to use Microsoft's cloud services.
It all comes on the backdrop of AI bubble fears and the market holding tight for Nvidia's third-quarter earnings, which are due after Wednesday's close. Nvidia is seen an importan
Also in today’s newsletter, Dutch government suspends Nexperia intervention, and Nasdaq and Singapore’s SGX to allow simultaneous joint listings