The US Department of Justice (DOJ) has formally opened an antitrust investigation into Nvidia’s $17 billion licensing arrangement with AI chip startup Groq, sending Nvidia a formal demand for information, the New York Times reported yesterday, independently corroborated by Reuters and Bloomberg. Nvidia shares dipped roughly 1% on the news this morning. This is the…
Nvidia officially confirmed this morning that it has agreed to acquire Hugging Face for $12.93 billion — making it the chipmaker’s second-largest acquisition in history, behind only the $20 billion purchase of Groq assets last December. Jensen Huang announced the deal in a blog post, and the SEC 8-K was filed yesterday. The headline number…
Nvidia is in talks to invest in Perplexity as part of an equity funding round that would value the AI startup at more than $30 billion, according to people with knowledge of the discussion. The round would increase Perplexity’s valuation by more than 50% from its previous financing just a year ago. The headline is…
On Monday, Nvidia announced it had signed memorandums of understanding with six of the most powerful financial institutions in the world — Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR — to assemble more than $500 billion in financing for AI infrastructure. CEO Jensen Huang said he approached only those six firms, and not one turned him down. The…
Nvidia holds roughly 80% of the data centre AI accelerator market. Most people assume that’s because its chips are faster than the competition. The real reason is more interesting — and more vulnerable than it looks. The real reason Nvidia wins is CUDA. CUDA — Compute Unified Device Architecture — is the software layer Nvidia spent…
Nvidia is making a major return to consumer laptop processors with its N1 and N1X chips, developed in partnership with MediaTek. According to multiple reports, Dell and Lenovo are preparing to launch laptops powered by these ARM-based processors in the first half of this year, challenging both Intel and Apple’s dominance in the laptop market….
Meta and Nvidia announced a massive expansion of their partnership on February 17, 2026, with the Meta Nvidia chip deal 2026 securing “millions” of AI chips valued in the tens of billions of dollars. This multiyear agreement makes Meta the first major tech company to deploy Nvidia’s Grace CPUs as standalone servers while dramatically scaling…