NVIDIA | ForkLog

ForkLog 19 05.09.2024

Nvidia Denies Receiving Subpoena from US Department of Justice

The AI chip manufacturer Nvidia has denied reports of receiving a subpoena from the US Department of Justice related to alleged antitrust violations. This was reported by CNBC, citing a company representative. “We have contacted the US Department of Justice and have not received a subpoena. However, we are happy to answer any questions regulators […]

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ForkLog 20 04.09.2024

Nvidia Shares Plummet Amid US Justice Department Investigation

Nvidia shares recorded their largest single-day drop in history amid a US Justice Department investigation into potential antitrust violations. Authorities have issued subpoenas to Nvidia and other companies to scrutinise the chipmaker’s operations, reports Bloomberg. According to the agency, the Justice Department had previously sent questionnaires to companies and is now issuing legal requests obliging […]

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ForkLog 122 29.08.2024

Nvidia’s Earnings Surpass Expectations, Yet Shares Decline

Nvidia reported revenue of $30.04 billion for the second quarter, exceeding the anticipated $28.7 billion, yet the company’s shares fell by 7% in after-hours trading. Nvidia’s stock performance following the quarterly report. Data: Yahoo Finance. “Better than expected is not good enough for Nvidia. Clearly, investors expect this company to exceed expectations,” remarked market commentator […]

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ForkLog 39 05.08.2024

Nvidia Delays Release of Flagship AI Chips, Reports Say

Nvidia has informed Microsoft and another cloud service provider of a delay in the release of its Blackwell B200 chips by at least three months, according to sources cited by The Information. The postponement is due to a design flaw discovered “unusually late in the production process.” This delay could affect Microsoft, Google, and Meta, […]

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ForkLog 19 02.08.2024

Elliott Management Criticizes Nvidia’s AI Valuation as Overinflated

Nvidia is “in a bubble,” and the AI technology driving the company’s stock price is “overvalued,” according to hedge fund Elliott Management in a letter to clients, reports FT. The firm, which manages assets worth approximately $70 billion, expressed “skepticism” about large tech companies continuing to purchase Nvidia’s graphics processors in significant volumes. “Artificial intelligence […]

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ForkLog 52 19.06.2024

Nvidia Surpasses Microsoft as World’s Most Valuable Company

Nvidia’s shares rose by 3.6% at the close of yesterday’s trading session, elevating the company’s market capitalization to $3.34 trillion. The chip manufacturer surpassed Microsoft ($3.32 trillion) to become the largest publicly traded firm globally. Comparison of stock pricing for Nvidia, Microsoft, and Apple. Source: Reuters. The surge in Nvidia’s market value is driven by […]

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ForkLog 41 03.06.2024

Nvidia Unveils Next Generation of AI Chips

Nvidia has announced a new chip architecture for training artificial intelligence models, named Rubin, as reported by CNBC. The announcement comes two and a half months after the presentation of the previous generation AI processors, Blackwell. This chip is still in production and is expected to be available by the end of 2024. Journalists have […]

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ForkLog 37 25.04.2024

Nvidia Acquires AI Startup Run:ai for an Estimated $700 Million

Nvidia has acquired the Israeli startup Run:ai, which aids developers and operational teams in managing and optimizing AI infrastructure. The financial terms of the deal have not been disclosed. However, sources cited by TechCrunch suggest the acquisition was valued at $700 million. Previously, media reports indicated that Run:ai could be valued at $1 billion if […]

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ForkLog 24 22.03.2024

Nvidia Unveils AI Model for Generating 3D Objects from Prompts

Nvidia has unveiled Latte3D, a tool for instantaneously transforming text into 3D figures. It can create high-quality three-dimensional images almost instantly. “Latte3D was created by the Nvidia AI lab team in Toronto. It represents a significant advancement in AI, offering real-time creation of 3D objects from text prompts,” the press release states. The model was […]

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ForkLog 10 21.03.2024

Microsoft and Nvidia to Integrate AI in Healthcare

Microsoft and Nvidia have announced a collaboration to accelerate healthcare innovation through generative AI and cloud computing.

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ForkLog 23 20.03.2024

Robotic Alliance: Highlights from Day Two of GTC 2024

Nvidia unveiled a multimodal AI designed specifically for androids. A new model of the Jetson computing platform was announced. Robot manufacturers announced a partnership. The GTC 2024 conference in San Jose is largely focused on artificial intelligence. However, on March 19, Nvidia also announced several significant products in the field of robotics. I Am GR00T […]

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ForkLog 32 19.03.2024

Nvidia Unveils New Technologies at GTC 2024

Nvidia has announced a new generation of AI chips and software designed for large language models. The presentation took place at the GTC 2024 conference.

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