Alibaba unveiled its new AI chip, the Zhenwu M890, hours before Nvidia's highly anticipated quarterly results, highlighting growing competition in AI processors. The chip offers three times the performance of its predecessor and targets AI software agents. Alibaba plans further advancements with chips in 2027 and 2028, aiming for threefold performance gains each generation. Meanwhile, Nvidia faces rising competition from both Chinese and Western companies, including Cerebras, AMD, Amazon, and Google, though Nvidia remains dominant for now.
Nvidia has launched its first research center in Singapore, focusing on embodied AI and improving AI infrastructure efficiency. This move aligns with Singapore's strategy to become a regional hub for AI development, especially in robotics, autonomous...
An investor who heavily favored tech stocks tied to AI growth since April is now stepping back from the momentum trade, citing signs of profit-taking and a narrow market rally. They plan to hold some cash and focus on higher-quality stocks after the ...
Nvidia's Physical AI segment has surpassed $6 billion in annual revenue, enabling AI to automate real-world tasks beyond software. This technology is starting to impact blue-collar jobs, especially those in structured, indoor environments like wareho...
The Global X Data Center & Digital Infrastructure ETF (DTCR) provides investors focused exposure to the growing AI theme by investing in data center and tower REITs, semiconductor manufacturers, and IT infrastructure companies. Increased capital spen...
Nvidia is set to report its first-quarter results, with Bank of America identifying five key areas for investors: enhanced cash returns, timing of the Vera Rubin architecture ramp in late 2026, gross margin sustainability around 75% amid cost inflati...
