SK Hynix Files to Raise $29 Billion in Nasdaq ADR Listing
SK Hynix filed to raise about $29 billion through a Nasdaq ADR listing set for July 10, roughly double earlier estimates, to fund its AI memory expansion.
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SK Hynix filed to raise about $29 billion through a Nasdaq ADR listing set for July 10, roughly double earlier estimates, to fund its AI memory expansion.
Qualcomm agreed to acquire Modular, the AI software startup led by Chris Lattner, to build a hardware-agnostic software layer and challenge Nvidia in data center AI.
Kazakhstan’s Data Center Valley would deploy 100,000 Nvidia GPUs near cheap power by 2027, though analysts flag execution risk after a history of stalled deals
Mistral’s reported €3 billion round would fund a 1-gigawatt European compute buildout, yet leaves the OpenAI rival far smaller than US and Chinese rivals.
SK Hynix, Nvidia’s largest memory partner and the HBM market leader, awaits SEC clearance for an ADR listing as its stock trades at a persistent Korea discount
OpenAI is negotiating a 10-gigawatt Ohio data center lease that could cost at least $500 billion, with Nvidia guaranteeing the financing in one of the largest AI infrastructure bets yet proposed.
SpaceX has released its most detailed look yet at a planned orbital AI data center satellite, unveiling a 70-meter-wingspan structure during the same week the company is pitching investors on a $1.75 trillion public listing.
Apple fell 3% on Tuesday in its worst single-day decline since February, as investors sold off following Monday’s WWDC announcements amid concern that Siri AI lacks a confirmed launch date and faces regulatory delays in two major markets.
LG Group and NVIDIA have formalized a broad strategic partnership spanning physical AI and robotics, AI data center infrastructure, and autonomous driving systems.
NVIDIA is a leading AI infrastructure company providing GPUs, accelerated computing platforms, networking, and software used to train and deploy frontier AI systems.
Investors and technology leaders increasingly view humanoid robots as the next major growth opportunity in artificial intelligence. Industry forecasts suggest the market could expand from a few billion dollars today to hundreds of billions within the next decade.
Major AI companies are increasingly focusing on humanoid robots as the next frontier of artificial intelligence. The shift is drawing investments from Nvidia, OpenAI, Tesla, Meta, and a growing group of robotics startups seeking to bring AI into the physical world.
Intel has disclosed new details about Crescent Island, its next-generation AI accelerator designed for data centers and agentic AI workloads. The chip is expected to launch later this year as Intel seeks to compete more aggressively with Nvidia in the rapidly growing AI infrastructure market.
Nvidia has launched Vera, its first CPU designed specifically for AI agents and large-scale AI infrastructure. The processor promises up to 1.8 times faster performance than traditional x86 CPUs and will be adopted by major AI labs, cloud providers, and server manufacturers.
Nvidia has unveiled its first Arm-based PC processor, the RTX Spark superchip, which will power a new generation of Windows laptops and desktops.