Tag: Nvidia
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A $300 Million Nvidia Smuggling Ring Just Got Busted
A guy in San Gabriel, California just got arrested for something that sounds like a movie plot. Federal prosecutors say Greg Lui ran a company called Earthmade Computer and used it to move about $300 million worth of Nvidia AI chips to China, right past the export rules meant to stop exactly that. The way…
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China Might Let Its Tech Giants Buy Nvidia Chips
For years, China has been trying to prove it does not need Nvidia. Home-grown chips, home-grown models, the whole pitch was independence from American hardware. That pitch just got a little more complicated. According to The Information, reported further by Bloomberg, China’s industry ministry has asked companies like Alibaba and ByteDance to submit plans for…
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Musk Wants to Double xAI’s Chip Count by December
Elon Musk just gave the most detailed timeline yet for how big xAI’s Colossus 2 site outside Memphis is about to get, and the numbers are hard to picture. Right now the cluster runs around 550,000 Nvidia chips, a mix of GB200s and the newer GB300s. Musk says another 220,000 GB300s go live next week,…
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Samsung Just Bet $230M Against Nvidia’s Chips
A four-year-old startup out of Eindhoven just pulled in more than 230 million dollars to build a chip that has nothing to do with training AI models. It’s aimed at the other half of the job, inference, which is the part where a trained model actually answers your question. The company is called Euclyd, and…
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Nvidia Is Reportedly Circling a $13 Billion Hugging Face Deal
Nvidia might be about to buy the place where half the open-source AI world lives. According to reporting from The Information, picked up fast by CNBC, Bloomberg, and Fortune, Nvidia has agreed to pay about 12.9 billion dollars for Hugging Face, the site where more than 15,000 companies and thousands of independent researchers share and…
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Nvidia Is Reportedly Circling a $13 Billion Hugging Face Deal
Nvidia might be about to buy the place where half the open-source AI world lives. According to reporting from The Information, picked up fast by CNBC, Bloomberg, and Fortune, Nvidia has agreed to pay about 12.9 billion dollars for Hugging Face, the site where more than 15,000 companies and thousands of independent researchers share and…
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Nvidia Just Had the Biggest Quarter in Tech History
Nvidia just reported 96.2 billion dollars in revenue for one quarter. I had to read that number twice. It’s up 106 percent from the same quarter last year, and it beat what Wall Street was expecting going in. Most of it, 89 billion, came from data centers. Companies buying chips as fast as Nvidia can…
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OpenAI’s New Chip Just Outran Nvidia’s Best
OpenAI built its own chip, and now there is real data to back up why it bothered. New independent benchmarks published this week put OpenAI’s Jalapeno inference chip, made together with Broadcom, ahead of Nvidia’s best Blackwell systems on the exact workload every major lab depends on daily: serving AI models to millions of people…
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Nvidia Is Reportedly Buying Into Perplexity Too
Nvidia is reportedly talking to Perplexity about an investment that would value the AI search company at more than thirty billion dollars. Nothing is signed yet, and both companies are staying quiet, but the reporting comes from a source with a strong track record and it fits a pattern Nvidia has been running all year.…
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Nvidia’s $20 Billion Chip Bet Just Went Live
Nvidia bought Groq’s chip technology back in December for twenty billion dollars, the biggest deal the company has ever closed. That is a huge number to hand over for chips that did not even have a product on the market yet. On Monday, the wait ended. Nvidia said the Groq 3 LPX is now in…