Nvidia CEO Jensen Huang speaks at the Supermicro keynote presentation during the Computex conference in Taipei on June 1, 2023. Walid Berrazeg | Sopa Images | Lightrocket | Getty Images Investors have become so enamored with Nvidia’s artificial intelligence story that they want a piece of anything the chipmaker touches. On Wednesday, Nvidia disclosed in … Read more
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Nvidia surpassed Alphabet in market capitalization on Wednesday, only a day after it overtook Amazon. Bloomberg is reporting that the chip maker’s stock is now worth $1.83 trillion, beating the Google owner’s $1.82 market cap by a hair. This makes Nvidia the world’s fourth most valuable company in the wake of the AI boom, after … Read more
Evercore ISI’s Julian Emanuel thinks Nvidia’s monster rally is fueling a fear of missing out in the market. He finds clients, including many who traded through the dot-com boom and subsequent collapse, are more worried about being underinvested than overexposed right now. “That’s the first time that’s happened since 2021 for us,” the firm’s senior … Read more
The logo of semiconductor design firm Arm on a chip. Jakub Porzycki | Nurphoto | Getty Images Exactly two years ago, Nvidia’s attempt to purchase chip designer Arm from SoftBank came to an end due to “significant regulatory challenges.” Masayoshi Son, SoftBank’s billionaire founder, has never been so lucky. That agreement would have involved selling … Read more
OpenAI is reportedly developing “agent software,” that will effectively take over your device and complete complex tasks on your behalf, according to The Information. OpenAI’s agent would work between multiple apps on your computer, performing clicks, cursor movements, and text typing. It’s really a new type of operating system, and it could change the way … Read more
Photo: Klaus-Dietmar Gabbert (Getty Images) A new report from CNBC shows that lobbyists connected to the AI industry were quite busy last year. Indeed, in 2023, AI lobbying efforts shot up 185 percent from the previous year. The analysis, which is based on disclosures provided to the non-profit OpenSecrets, shows that the long list of … Read more
SHANGHAI, CHINA – JULY 28, 2023 – Photo taken on July 28, 2023 shows the AMD logo at the 2023 ChinaJoy in Shanghai, China. CFOTO | Future Publishing | Getty Images U.S. chip giant Advanced Micro Devices is betting on AI PCs to take on rivals including Nvidia and Intel as the AI race heats … Read more
Listen here or wherever you get your podcasts. Hello, and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our startup-focused, Wednesday episode, so today we’re counting down important venture rounds and chatting our way through other startup and VC news. We had … Read more
The Nvidia GTX 1660 and the 1660 Super have enough rendering prowess to play Palworld at decent framerates without major compromises. The graphics cards were introduced a couple of generations ago as part of the Turing lineup and are aging now. They have been replaced by much more capable options like the RTX 3060 and … Read more
Apple is granting more access to its manicured walled garden to comply with the Digital Markets Act (DMA) in the European Union (EU). In a press release, the company announced a heaping of forthcoming iOS, Safari, and the App Store changes, including support for apps from third-party app stores and the ability to set a … Read more