Prakash Singh | AFP | Getty Images Google will invest $15 billion to build data center capacity for a new artificial intelligence hub in southern India, Google Cloud CEO Thomas Kurian announced at an event Tuesday. The investment will roll out over the next five years, and will be Google’s largest AI hub in the world outside of the U.S, …
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JPMorgan to invest up to $10 billion in US companies critical to national security – Reuters
JPMorgan to invest up to $10 billion in US companies critical to national security Reuters JPMorgan Chase says it will invest $10 billion into industries critical for national security CNBC JPMorgan Chase launches $1.5 trillion plan to bolster US economic and national security Fox Business JPMorgan announces $1.5 trillion U.S. investment initiative Axios JPMorgan backs ‘America First’ push with up to $10bn investment Financial Times …
Read More »JPMorgan Chase to invest $10 billion into key industries
JPMorgan Chase on Monday said it is launching a decade-long plan to help finance and take direct stakes in companies it considers crucial to U.S. interests. The bank said in a statement it would invest up to $10 billion into companies in four areas: defense and aerospace, “frontier” technologies including AI and quantum computing, energy technology including batteries, and supply …
Read More »Sure, there’s a risk of a bubble in AI stocks, so invest in them, says Wells Fargo strategist – MarketWatch
Sure, there’s a risk of a bubble in AI stocks, so invest in them, says Wells Fargo strategist MarketWatch AI-driven market rally shows signs of overheating, economist warns Yahoo Finance 5 Reasons the New Tech Bubble Is Only Getting Started Barron’s The AI Stock Rally Has More Room To Run, Says BofA. Here’s How To Play a Possible Bubble Investopedia See signs of exuberance …
Read More »Nvidia to Invest $100 Billion in OpenAI in AI Computing Buildout – Bloomberg.com
Nvidia to Invest $100 Billion in OpenAI in AI Computing Buildout Bloomberg.com Nvidia plans to invest up to $100 billion in OpenAI as part of data center buildout CNBC OpenAI and NVIDIA announce strategic partnership to deploy 10 gigawatts of NVIDIA systems OpenAI Nvidia stock jumps on $100 billion OpenAI investment Yahoo Finance Chipmaker Nvidia to invest up to $100 billion in OpenAI NBC News …
Read More »Nvidia to invest $100 billion in OpenAI as AI datacenter competition intensifies – Reuters
Nvidia to invest $100 billion in OpenAI as AI datacenter competition intensifies Reuters Nvidia stock jumps on $100 billion OpenAI investment Yahoo Finance OpenAI and NVIDIA Announce Strategic Partnership to Deploy 10 Gigawatts of NVIDIA Systems NVIDIA Newsroom Chipmaker Nvidia to invest up to $100 billion in OpenAI NBC News Nvidia to invest up to $100B in ChatGPT creator OpenAI Axios Source link
Read More »Trump says Lachlan and Rupert Murdoch might invest in TikTok deal
The Trump administration has been talking up a potential TikTok deal this weekend, with President Donald Trump telling Fox News on Sunday that Rupert Murdoch and his son Lachlan are “probably” going to be involved. “A man named Lachlan is involved,” Trump said. “Lachlan Murdoch … Rupert [Murdoch] is probably gonna be in the group, I think they’re going to …
Read More »Looking to invest more in their friendships, some are opening shared bank accounts
A novel way to maintain strong friendships? Creating a joint bank account. That’s the advice Madison Machen received last year while chatting with her seat-mate on a flight to New York. The woman was on her way to meet her best friend on one of their periodic trips. The trip, she told Machen, was funded by her joint account with …
Read More »Intel Stock Surges on Deal With Nvidia to Invest $5B in Chipmaker
Intel‘s shares surged 23% on Thursday, its biggest single-day increase since 1987, after Nvidia said it would buy $5 billion of its common stock as part of a partnership between the chipmakers. The pair said they would jointly develop custom products, with Nvidia integrating custom Intel CPUs into its AI infrastructure for data centers, and Intel integrating Nvidia’s graphics processors …
Read More »Nvidia to invest $5B in Intel and develop chips with onetime rival
Nvidia, the semiconductor company powering the artificial intelligence revolution, said Thursday that it was buying a $5 billion stake in ailing rival Intel. The two companies will also begin a partnership to develop chips together for PCs and data centers. Intel shares surged 23% on the announcement, lifting its stock market value to $143 billion. The stock is now up …
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