Nvidia Corp. is said to have agreed to buy AI chip startup Groq for $20 billion cash, in what is potentially its biggest acquisition till date. Nvidia CEO Jensen Huang. At the end of October, Nvidia had $60.6 billion in cash, up from $13.3 billion in early 2023. (AFP) Groq is expected to alert its […]
Nvidia Corp. is working with Hon Hai Precision Industry Co. (Foxconn) to bring AI to the factory floor and manufacturing, CEO Jensen Huang’s son Spencer Huang said on Friday. Spencer works as a product line manager at Nvidia’s leading robotics product. Signage at the Foxconn Technology Co. battery cell plant in Kaohsiung, Taiwan (Bloomberg) Earlier, […]
Nvidia Corp. delivered a surprisingly strong revenue forecast and pushed back on the idea of an AI bubble, easing concerns that had spread across the wider technology sector. “There’s been a lot of talk about an AI bubble,” Nvidia CEO Jensen Huang says. “From our vantage point, we see something very different.” (AFP) The world’s […]
Elon Musk and Jensen Huang have announced that xAI and Nividia Corp. are working on a 500 MW AI project with Saudi Arabia. Elon Musk (left) and Nvidia CEO Jensen Huang (centre) are directed to greet the Saudi Crown Prince at the Royal Court in Riyadh on 13 May 2025. (File Photo/AFP) Huang says Nvidia […]
The surge in the stock of Nvidia Corp. has not only made it the first $5-trillion company in the world, but also propelled Jensen Huang’s net worth towards $200 billion. Nvidia CEO Jensen Huang has dismissed concerns about an AI bubble. (Reuters) According to the Forbes’ Real-Time Billionaires Index, Huang’s net worth rose 4.35%, or […]
Updated on: Oct 14, 2025 08:01 am IST Avinatan Or was released along with 19 other hostages by Hamas in a ceasefire deal with Israel. Avinatan Or, who was taken from the Nova music festival, was released from Hamas captivity after two years following a US-brokered ceasefire deal. Or worked as an engineer in Nvidia’s […]
