Nvidia

14 stories in the last two weeks

Lauren Forristal / TechCrunch ·

Travel app Hopper agrees to a $35M FTC settlement over allegations the company misled users by imposing hidden fees and misrepresenting the total costs

Hopper, the travel app known for its AI-driven flight and hotel price predictions, has agreed to a $35 million settlement following …

New York Times ·

Filings: Trump purchased up to $5M each in Broadcom, Meta, Amazon, Apple, Microsoft, and Nvidia stocks on July 23, the same day he unveiled his AI action plan

President Trump and his family reaped vast financial rewards from a memecoin that generated losses for hundreds of thousands of investors.

Phoebe Liu / The Information ·

Nvidia promises to financially backstop young cloud providers like Firmus that rent out its AI chips, in exchange for a revenue share through a new program

Nvidia is using its powerful balance sheet to help more companies buy its expensive AI chips, and possibly make some money back too.

Ty Roush / Forbes ·

Alex Karp calls US reliance on AI labs for military tech "effing insane", pans AI fees for businesses, and touts Palantir's Nvidia Nemotron deal for US agencies

Topline

Bloomberg ·

Taiwanese authorities detain two Super Micro staff and an Albatron manager after a raid of Super Micro's local offices this week over Nvidia shipments to China

Taiwanese prosecutors detained two Super Micro Computer Inc. employees following a raid of the US company's local offices earlier …

Debby Wu / Bloomberg ·

Taiwanese authorities raided Super Micro's Taiwan office as part of a probe into the alleged smuggling of Nvidia chips to China; SMCI closed down 8.1%

Taiwan government agencies raided the offices of Super Micro Computer Inc. and several of its local affiliates …

Bloomberg ·

Australia-based Firmus partners with Nvidia to build its first data center in Batam, Indonesia; the 360 MW Nvidia DSX AI factory campus is developed with DayOne

Firmus Technologies Pty Ltd. will build its first data center project in Indonesia as part of a partnership with US chip giant Nvidia Corp. …

Catherine Perloff / The Information ·

AWS hikes prices for Nvidia GPUs in its EC2 Capacity Blocks service, which let businesses rent AI compute in advance, by 20%; Trainium chip pricing is unchanged

Amazon Web Services is raising the price for its AI workload rental service by 20%, the company said on Friday.

Stephanie Palazzolo / The Information ·

RunPod, which rents access to non-Nvidia servers, raised $100M led by Summit Partners at a $1B valuation, a source says up from $100M after its seed in 2024

By some accounts, the compute crunch of 2026 has become even more dire than the chip crunch of 2023, which saw …

Eleanor Olcott / Financial Times ·

Prices for Nvidia's AI chips on China's black market have more than doubled amid a US export crackdown; its flagship DGX B300 server has risen to $1.1M

US crackdown on illicit exports has made it riskier, harder and more expensive to buy tech giant's processors

Cristina Criddle / Financial Times ·

Q&A with Nvidia VP of Healthcare Kimberly Powell on how AI can ease doctors' workloads, address trained medical staff shortages, improve patient care, and more

The chipmaker's head of healthcare argues AI can ease many of the sector's ills, including reducing medics' workload and tackling the shortage of trained staff

Patrick Temple-West / Financial Times ·

Eli Lilly plans to use its $7.3B cash reserve to fund an "App Store" for biotech scientists after launching a data center with 1,016 Blackwell chips in 2025

Mounjaro maker is collaborating with small biotechs on AI as a tool for drug discovery

Zsana Hoskins / Bloomberg ·

Groq raised $650M led by Disruptive and Infinitum after its Nvidia deal, aiming to hit 200 MW in capacity by the end of 2027, following a $750M raise in 2025

Groq Inc. raised $650 million in a new funding round aimed at expanding its data center capacity and helping the one-time chip startup become …

Ian King / Bloomberg ·

Nvidia unveils Halos, a safety-focused OS developed from autonomous vehicle tech and designed to run on IGX Thor hardware for humanoid robots, and opens a lab

Nvidia Corp. is working to make humanoid robots safer around people, arguing that they'll need to handle split-second decisions …

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