Jensen Huang's damaging comments about quantum computing caused major turbulence for the Berkeley-based Rigetti Computing's stock. But that's not the end of the story.
Nvidia CEO Jensen Huang said Friday he will not be going to President-elect Donald Trump’s inauguration — opting not to join several of his fellow tech titans slated to fly in to Washington, DC.
Nvidia CEO Jensen Huang has a particular vision for the future — and some advice for the coming generations that will navigate it.
Life is full of highs and lows, and the tech industry is no exception. One day, you’re riding the wave of record-breaking stock gains; the next, you’re watching billions evaporate as markets correct themselves.
DeepSeek AI has caused a major market slump in the United States, especially around stocks that are majorly comprised of companies deeply invested in AI. However, as this market rout saw a set of investors dumping Nvidia shares,
Nvidia excels in accelerated computing, a technology crucial to powering AI applications like ChatGPT. Technology companies like Microsoft are investing heavily in AI, boosting demand for Nvidia's ...
Huang, who cofounded Nvidia in 1993, owns roughly 3.4% of the company, according to Bloomberg. Indeed, the tech giant took a bit of a stumble yesterday, losing around $600 billion in market cap as shares plummeted by 17%. The manufacturing chip company is falling from great heights; this past summer, it surpassed a $3 trillion market cap.
Nvidia Chief Executive Jensen Huang saw his personal fortune tumble on Monday amid turbulence in U.S. tech stocks. His net worth dropped $20.8 billion.
DeepSeek is challenging assumptions about the computing power and spending needed for AI advances. OpenAI, Oracle and SoftBank last week made headlines when they announced a joint venture, Stargate, to invest up to $US500bn in building out AI infrastructure. Microsoft plans to spend $US80 billion on AI data centres this year.
Chinese AI firm DeepSeek has given Silicon Valley a wake-up call by launching LLMs that are cheaper yet as effective as OpenAI's models.
DeepSeek, a Chinese AI startup that’s just over a year old, has stirred awe and consternation in Silicon Valley after demonstrating breakthrough artificial intelligence models that offer comparable performance to the world’s best chatbots at seemingly a fraction of the cost.