Microsoft purchased nearly half a million of Nvidia's flagship Hopper chips in 2024 TikTok's parent company, ByteDance, and ...

Nvidia and AMD’s participation in xAI’s funding round means they are directly financing a rival to their major customers.

AI finished raising $6 billion in new funding and has begun receiving Nvidia GB200 chips. The chips are arriving about a ...

Elon Musk's xAI, the startup behind the Grok chatbot and Colossus supercomputer, raised $6 billion in a Series C funding ...

In total, 97 investors were involved in this round of funding, with the minimum investment per participant pegged at $77,593.

Tencent and ByteDance ordered roughly 230,000 of NVIDIA’s Hopper GPUs, including a specialised H20 variant tailored to comply ...

From a valuation perspective, AMD is a modestly cheaper stock, trading at a forward price-to-earnings (P/E) ratio of 24 compared to nearly 31 for Nvidia. However, Nvidia has been growing its total ...

Elon Musks xAI has closed a $6 billion funding round powered by NVIDIA and AMD investments. The funding will scale AI ...

Nevertheless, the deals — and xAI’s developer and consumer-facing products — have driven xAI’s revenue to around $100 million ...

Nvidia and AMD invest $6 billion in Musks xAI to rival OpenAI Nvidia and AMD join forces to back Musks emerging AI competitor ...

Elon Musk's generative AI startup xAI has raised $6 billion in a Series C funding round.

Nvidia and AMD, leading the artificial intelligence (AI) chip market, have bet on the AI startup xAI simultaneously. Founded ...