Nvidia has secured a $35 billion multi-year deal with Anthropic, providing GPU chips, backing the cloud provider Lambda, and holding the lease on a large data center in Texas. This deal highlights Nvidia's unique role as chip supplier, equity backer, and infrastructure lessor, raising concerns about circular financing where Nvidia supports multiple parts of the same ecosystem. Despite these concerns, Nvidia's CFO emphasizes the flexibility of their compute platform and expects AI-related demand to be a significant part of their business next year. The deal's success depends on Anthropic's growth and ability to generate recurring revenue from its AI services.
AMD's Data Center revenue surged 107% to $6.72 billion, now 58% of total revenue, driven by strong demand for EPYC processors and Helios AI accelerators. Shares have risen 164.77% year-to-date, supported by major deals with OpenAI, Meta, and Anthropi...
US intelligence alleges a suspected Chinese intelligence asset, Alice Huang, formed a close relationship with NVIDIA CEO Jensen Huang while her company spent billions on NVIDIA chips. The report says US officials briefed former President Trump but to...
Alphabet Inc. introduced its newest TPU 8t and 8i, which offer significant improvements in performance per dollar compared to the previous TPU v7. This advancement leads to lower costs for AI tasks, making Google's TPU offerings among the most cost-e...
US officials investigated a former Singapore-based cloud executive suspected of spying for China who met Nvidia CEO Jensen Huang multiple times. The executive, Alice Huang, led Megaspeed, a company buying Nvidia chips to build data centers. The meeti...
Alice Huang, a Chinese citizen and executive at Nvidia partner Megaspeed, allegedly developed a close relationship with Nvidia CEO Jensen Huang while secretly passing intelligence to Beijing, according to US intelligence reports. The relationship rai...
