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Nvidia

19 written stories · 60 tracked

Tech3 outletsover 27h

Sources: Meta is aggressively claiming a tax credit for AI data center build-outs by classifying facilities as experimental and writing off Nvidia chip supplies (New York Times)

Meta is claiming a tax credit for its AI data-center build-outs by classifying the facilities as experimental and writing off the cost of Nvidia chips. The company reports the experiments to the IRS, a move that could reduce its federal tax liability by billions. The tax-credit strategy is intended to offset the high cost of building and operating the data centers.

TechMeme·The Next Web·Hacker News
Tech4 outletsover 23h

Google and Nvidia launch an alliance to make data centres flex their power

Google, Nvidia and Emerald AI have formed the AI Energy Management Alliance to help data-center operators adjust electricity use in real time based on grid conditions. The coalition’s software links utilities to data centers, enabling demand-response pauses or load shifts that could free up significant grid capacity for new AI-driven facilities.

The Next Web·TechMeme·Engadget·TechCrunch
Tech3 outletsover 21h

Hugging Face volunteers to audit the AI labs, and Nvidia is buying it

Nuance Labs, a developer of low-latency AI avatars that can hold face-to-face conversations, secured a $50 million Series A round. The funding was led by Lightspeed Venture Partners, with Nvidia participating as an investor. The capital will support the company’s expansion of real-time conversational AI technology.

The Next Web·TechMeme·TechCrunch
Tech3 outletsover 16h

Sources: Anthropic is in talks to bring on Nvidia as an anchor investor in its IPO, seeking up to $100B at a ~$2T valuation; Nvidia may invest up to $10B (Reuters)

Nvidia is negotiating to invest up to $10 billion as an anchor investor in Anthropic’s planned IPO, which aims to raise about $100 billion at a valuation near $2 trillion. Anthropic, which uses Nvidia chips, is targeting this valuation. A coalition of 25 Fields Medalists has issued a declaration warning that AI-driven mathematical benchmarking threatens rigorous mathematical research.

TechMeme·The Next Web·Hacker News
Tech3 outletsover 2h

AI cloud firm Nscale seeking $3.5B in pre-IPO financing from Nvidia and Third Point

AI infrastructure startup Nscale is pursuing a pre-IPO financing round of up to $3.5 billion. The company is in talks to secure the funding, with reports indicating that Nvidia could contribute as much as $2 billion. The capital raise is intended to support Nscale’s expansion before it moves toward an initial public offering.

The Next Web·TechMeme·TechCrunch
Tech5 outlets

Report: Nvidia to acquire AI model repository Hugging Face for $13 billion

Nvidia is set to acquire the AI-model repository Hugging Face in a deal valued at roughly $13 billion, with reported figures ranging from $12.9 billion to $13 billion. The transaction is moving forward, with Nvidia closing in on finalizing the purchase.

TechMeme·Hacker News·TechCrunch·The Next Web·Ars Technica
Tech4 outlets

A detailed look at Jalapeño, OpenAI's ASIC developed with Broadcom in 16 months, which beat Nvidia, AMD, and Google chips on multiple top open-source models (SemiAnalysis)

OpenAI’s Jalapeño ASIC, developed with Broadcom in about 16 months, is designed for fast inference at scale and has been benchmarked against leading competitors. Tests show it delivers roughly 1.5-to-1.9 times more AI work per watt and 1.7-to-3.6 times lower latency than Nvidia chips, and it outperforms the GB300 and comparable Nvidia, AMD and Google chips on several top open-source models.

The Verge·TechCrunch·TechMeme·The Next Web
Tech4 outlets

Ilya Sutskever’s Safe Superintelligence partners with Nvidia to scale its AI research

Nvidia has launched the Open Secure AI Alliance, a coalition that includes Microsoft, Hugging Face and other partners, aimed at developing and sharing tools to enhance AI safety and cybersecurity. The alliance is focused on improving cyber-defense capabilities across the AI ecosystem, explicitly excluding firms such as OpenAI, Google and Anthropic.

Engadget·The Verge·TechMeme·TechCrunch
Tech3 outletsover 24h

AI startup Reflection says it has signed a $1B+ deal to secure computing capacity from Nebius, including access to Nvidia chips, following a deal with SpaceX (Aditya Soni/Reuters)

AI startup Reflection has signed a compute agreement worth more than $1 billion with cloud provider Nebius, securing large-scale processing capacity that includes access to Nvidia graphics chips. This deal follows a recent arrangement with SpaceX and marks the company’s second major acquisition of AI-compute resources within a month.

TechMeme·TechCrunch·The Next Web
Tech3 outletsover 36h

Nvidia and AI chip startup d-Matrix are combining their hardware in a new system to power AI models, the latest example of Nvidia partnering with rivals (Phoebe Liu/The Information)

Nvidia is partnering with chip rival d-Matrix to combine their hardware in a new system that will power AI models. The collaboration is part of Nvidia’s broader push beyond its own accelerators. Perplexity has also signed up for Nvidia’s Vera CPU, expanding the company’s reach into CPU-based AI workloads.

TechMeme·The Next Web·MIT Tech Review
Tech3 outletsover 22h

Groq raised $650M led by Disruptive and Infinitum after its Nvidia deal, aiming to hit 200 MW in capacity by the end of 2027, following a $750M raise in 2025 (Zsana Hoskins/Bloomberg)

Groq secured a $650 million financing round, led by Disruptive and Infinitum, following its recent deal with Nvidia. The company plans to expand its infrastructure to 200 megawatts of capacity by the end of 2027, building on a prior $750 million raise in 2025, and is re-staffing after Nvidia’s $20 billion “not-acqui-hire” transaction.

TechMeme·TechCrunch·The Next Web
Tech3 outletsover 6h

Source: Nvidia is marketing its first corporate bond sale since 2021, seeking to raise $20B+ across seven tranches with maturities ranging from two to 30 years (Brian W Smith/Bloomberg)

Nvidia is launching its first corporate bond offering since 2021, targeting a minimum of $20 billion in proceeds. The issuance will be structured in seven tranches with maturities that span from two years up to three decades. Investors will be offered options ranging from short-term to long-term debt, reflecting Nvidia’s strategy to secure financing for ongoing operations and growth initiatives.

TechMeme·The Next Web·Ars Technica
Tech4 outlets

Pentagon inks deals with Nvidia, Microsoft and AWS to deploy AI on classified networks

The U.S. Department of Defense has entered into agreements with Nvidia, Microsoft and Amazon Web Services to supply artificial-intelligence tools for deployment on classified military networks. The contracts are intended to enable “lawful” use of the AI technologies within the Pentagon’s secure environments.

TechMeme·The Verge·Engadget·TechCrunch
Tech3 outlets

Firmus, the ‘Southgate’ AI datacenter builder backed by Nvidia, hits $5.5B valuation

Firmus, an Australian AI infrastructure startup, has raised $505 million in equity led by Coatue, bringing its total funding in the last six months to $1.35 billion. The company is valued at $5.5 billion and is backed by Nvidia. It plans a $2 billion IPO on the ASX and has secured $10 billion in debt from Blackstone for its AI factory network.

TechMeme·The Next Web·TechCrunch
Tech3 outletsover 23h

Mira Murati's Thinking Machines Lab signs a chip supply deal with Nvidia worth tens of billions of dollars, planning to deploy 1GW+ of next-gen Vera Rubin chips (Financial Times)

Thinking Machines Lab has entered a chip-supply agreement with Nvidia, under which the company will provide next-generation Vera Rubin processors for the lab’s AI hardware. The partnership calls for deploying more than one gigawatt of the new chips, representing a massive compute deal between the two firms.

TechMeme·TechCrunch·The Next Web
Tech3 outletsover 22h

Meta commits to a multiyear deal to buy Nvidia chips, including Vera Rubin; source: Meta's in-house chip strategy had suffered technical challenges and delays (Financial Times)

Meta has entered a multiyear agreement to purchase millions of Nvidia AI chips, including the Vera Rubin GPU as well as Grace CPUs and Blackwell GPUs. The deal aims to bolster Meta’s AI hardware after technical challenges and delays in its own chip strategy, with the components slated for deployment in Meta’s data-center infrastructure.

TechMeme·The Verge·Wired
Tech5 outletsover 24h

The $100B Megadeal Between OpenAI and Nvidia Is on Ice

Nvidia plans to make a significant investment in OpenAI to support artificial intelligence development. Although reports suggested a $100 billion deal had stalled, the Nvidia CEO confirmed the company remains involved in the funding round. He characterized the partnership as positive and dismissed claims of friction between the two organizations.

Hacker News·TechMeme·TechCrunch·Engadget·The Verge
Tech3 outletsover 16h

Microsoft won’t stop buying AI chips from Nvidia, AMD, even after launching its own, Nadella says

Microsoft will keep purchasing AI chips from Nvidia and AMD, even after launching its own chip that outperforms Amazon and Google’s, but it still needs more units. China has approved DeepSeek to buy Nvidia’s H200 AI chips, with regulatory conditions still being finalized. The approval enables DeepSeek to acquire the chips for its operations.

TechCrunch·TechMeme·Engadget