Anthropic has signed a $35 billion agreement to purchase cloud computing capacity from Lambda, a cloud provider backed by Nvidia. The computing power will come from a Texas data center operated by bitcoin miner Hut 8, with Nvidia holding the lease on the facility. This deal is part of Anthropic's broader strategy to secure computing resources amid expected supply shortages, adding to $175 billion in recent cloud contracts. The arrangement highlights Nvidia's multifaceted role as chip supplier, landlord, and deal facilitator in the AI industry ecosystem.
Chinese President Xi Jinping is set to visit the U.S. from Wednesday to Friday, with several top American tech executives like Microsoft CEO Satya Nadella, Nvidia's Jensen Huang, and Apple's Tim Cook attending a key dinner in Washington, D.C. The Chi...
The Invesco S&P 500 Momentum ETF (SPMO) underwent a semi-annual reconstitution, resulting in 54 changes affecting about 40% of its portfolio. Apple and Merck were the largest additions, while Nvidia was removed despite a strong one-year gain of over ...
Jim Cramer recommends investors to "own it, don't trade it" for Apple and NVIDIA, emphasizing long-term holding over short-term trading. Both companies are competing for the title of the world's most valuable publicly traded company, with NVIDIA lead...
California voters will decide on November 3, 2026, a proposed one-time 5% wealth tax on billionaires with net worth over $1 billion. While billionaires like Larry Page, Sergey Brin, and Peter Thiel moved out of California to avoid the tax, Nvidia CEO...
Meta's AI agent Muse, topping the App Store in 10 days, highlights growing demand for CPUs alongside GPUs in AI workloads. Nvidia's new Vera CPU targets this shift, integrating tightly with its AI platforms to capture more server CPU revenue. While I...
