NVIDIA’s Rise Leads 78% of Employees to Millionaire Status, But at What Cost?

January 13, 2025 – NVIDIA, a pioneer in artificial intelligence and graphics processing, has soared to prominence, becoming the second-highest valued company globally, and briefly topping Apple for the throne. Recent data reveals a staggering statistic: 78% of NVIDIA’s workforce has joined the ranks of millionaires, thanks to the company’s skyrocketing success. However, this fortune…

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EU Gives Green Light to NVIDIA’s $700M Purchase of AI Venture Run:ai

December 31, 2024 – Chip giant NVIDIA has recently finalized the acquisition of Israeli AI startup Run:ai, following antitrust scrutiny of the deal. The European Commission granted unconditional approval for NVIDIA’s $700 million acquisition plan earlier this month. In October, the EU had flagged the transaction for antitrust review, with regulatory bodies cautioning that it…

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NVIDIA and Google Team Up to Boost Quantum Processor Development

November 19, 2024 – NVIDIA and Google Quantum AI have announced a collaboration that will utilize the NVIDIA CUDA-Q platform to empower Google researchers in developing large-scale digital models of quantum computers, aimed at addressing design challenges. According to the joint statement, Google’s Quantum AI division will leverage NVIDIA’s Eos supercomputer and its hybrid quantum-classical…

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NVIDIA Tops Charts with $3.6 Trillion Market Value, Claiming Worldwide Leadership

November 08, 2024 – NVIDIA has achieved a historic milestone, becoming the first company to surpass a market value of 3.6trillion.OnThursday,itssharesreachedanall−timehigh,closingwithamarketcapitalizationof3.65 trillion. This surpassed Apple’s previous record of $3.57 trillion set on October 21st. In the race among technology giants like Microsoft and Alphabet to build artificial intelligence computing power and capture emerging technology markets,…

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Nvidia Eyes Investment in Elon Musk’s xAI, Seeking to Join Multibillion-Dollar Funding Round

November 05, 2024 – According to informed sources, Elon Musk’s AI startup, xAI, is planning to raise 5billionatavaluationofapproximately45 billion. Potential investors include venture capital firms such as Sequoia Capital, Andreessen Horowitz, and Vy Capital. Reports from The Information indicate that xAI representatives have disclosed to potential investors that Nvidia has engaged in discussions regarding xAI’s…

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