News about Silicon Valley business almost everyday.
NVIDIA, the third most valuable company in the world behind Microsoft and Apple, is splitting its stock at the end of trading Friday and will begin trading on Monday post split. Shareholders will have 10 times as many shares of stock starting on Monday. The company’s quarterly cash dividend has also been raised 150% to […]
NVIDIA stock climbed to another record high Tuesday. Shares in the chipmaker were up +14.37 to close at $1,164.37. CEO Jensun Huang gave the keynote address at Computex in Taiwan yesterday where he unveiled company partnerships and new chips coming soon over the next two years. NVIDIA now has a market cap of $2.86 trillion. […]
The 2024 SF Taiwan Day took place last Saturday, May 25th at the Oakland Coliseum. It marked the third annual SF Taiwan Day, having been first held in 2022. The event aimed to connect Taiwanese and American baseball fans and celebrate Taiwanese culture with over 4,000 Taiwanese in attendance. This year, the organizers were especially […]
NVIDIA will host a conference call on Wednesday, May 22, at 2 p.m. PT (5 p.m. ET) to discuss its financial results for the first quarter of fiscal year 2025, which ended April 28, 2024. CEO Jensen Huang is expected to be on the call along with CFO Colette Kress. The call will be webcast […]
NVIDIA founder and CEO Jensen Huang will deliver a keynote address ahead of COMPUTEX 2024, in Taipei, outlining what’s next for the AI ecosystem. Slated for June 2 at the National Taiwan University Sports Center, the address kicks off before the COMPUTEX trade show scheduled to run from June 3-6 at the Taipei Nangang Exhibition Center. The […]
NVIDIA has agreed to acquire Israeli company Run:ai, a Kubernetes-based workload management and orchestration software provider. Terms of the deal weren’t released. Customer AI deployments are becoming increasingly complex, with workloads distributed across cloud, edge and on-premises data center infrastructure. Managing and orchestrating generative AI, recommender systems, search engines and other workloads requires sophisticated scheduling […]
SAN JOSE — Lambda, the GPU cloud company founded by AI engineers and powered by NVIDIA GPUs, has secured a special purpose GPU financing vehicle of up to $500 million to fund the expansion of its on-demand cloud offering. The financing was led by Macquarie Group with participation from Industrial Development Funding (“IDF”), and follows […]
SAN JOSE — Supermicro, Inc., a systems provider for AI, Cloud, Storage, and 5G/Edge, is announcing its latest portfolio to accelerate the deployment of generative AI. The Supermicro SuperCluster solutions provide foundational building blocks for the present and the future of large language model (LLM) infrastructure. The three powerful Supermicro SuperCluster solutions are now available […]
SAN JOSE —Amazon Web Services (AWS), an Amazon.com company, and NVIDIA announced that the new NVIDIA Blackwell GPU platform is coming to AWS. AWS will offer the NVIDIA GB200 Grace Blackwell Superchip and B100 Tensor Core GPUs, extending the companies’ longstanding strategic collaboration to deliver the most secure and advanced infrastructure, software, and services to […]
Jensen Huang, Founder and CEO of NVIDIA, unveiled the company’s new Blackwell platform at its GTC conference in San Jose. The new processor allows organizations to build and run real-time generative AI on trillion-parameter large language models at up to 25x less cost and energy consumption than its predecessor. The Blackwell GPU architecture features six transformative technologies […]
It was a spectacular trading day for three major Silicon Valley companies led by NVIDIA, which reported blockbuster earnings on Wednesday afternoon. Shares in NVDA climbed $110.53 or 16.4% to close at $785.25. Track all markets on TradingView Both AMD and Super Micro climbed on the good news from NVIDIA. Track all markets on TradingView […]
NVIDIA, in collaboration with Google, has launched optimizations across all NVIDIA AI platforms for Gemma — Google’s state-of-the-art new lightweight 2 billion– and 7 billion-parameter open language models that can be run anywhere, reducing costs and speeding innovative work for domain-specific use cases. Teams from the companies worked closely together to accelerate the performance of Gemma — built […]