OpenAI has closed another round of funding, totalling $110 billion being newly committed to the maker of ChatGPT, which it says has more than 900 million weekly active users and over 50 million consumer subscribers. Amazon is investing $50 billion and striking a deal that includes plans for custom models and more. Nvidia and SoftBank […]
The new funding consists of a $50 billion investment from Amazon as well as $30 billion each from Nvidia and SoftBank, against a $730 billion valuation.
“The demand for tokens in the world has gone completely exponential,” Nvidia CEO Jensen Huang said about the company’s earnings.
India is hosting a four-day AI Summit this week that will be attended by executives from major AI labs and Big Tech, including OpenAI, Anthropic, Nvidia, Microsoft, Google, and Cloudflare, as well as heads of state.
India is hosting a four-day AI Summit this week that will be attended by executives from major AI labs and Big Tech, including OpenAI, Anthropic, Nvidia, Microsoft, Google, and Cloudflare, as well as heads of state.
“I think we’re the only quote-unquote manufacturing company out there that has H200 clusters in a data center on site.”
Meta has struck a multiyear deal to expand its data centers with millions of Nvidia’s Grace and Vera CPUs and Blackwell and Rubin GPUs. While Meta has long been using Nvidia’s hardware for its AI products, this deal “represents the first large-scale Nvidia Grace-only deployment,” which Nvidia says will deliver “significant performance-per-watt improvements in [Meta’s] […]
Three U.S.-based AI companies raised rounds larger than $1 billion so far in 2026 with 14 others raising rounds of $100 million or more.
India is hosting a four-day AI Summit this week that will be attended by executives from major AI labs and Big Tech, including OpenAI, Anthropic, Nvidia, Microsoft, Google, and Cloudflare, as well as heads of state.
