Nvidia
Trump Administration Approves Nvidia AI Chip Exports to UAE in Major Tech-Diplomacy Deal
Oct 10, 2025 02:11 pm CST
The Trump administration has approved billions in Nvidia AI chip exports to American companies operating in the UAE, implementing a significant bilateral agreement from May 2024. This landmark deal establishes a pattern for US AI diplomacy, requiring dollar-for-dollar Emirati investment in America in exchange for advanced technology access, while strategically positioning US tech companies against Chinese competitors in the lucrative Gulf market.
AI Investment Bubble Warning: Financial Institutions Raise Concerns About Market Correction Risks
Oct 09, 2025 04:43 pm CST
Financial institutions including the Bank of England and IMF are sounding alarms about a potential AI investment bubble, comparing current tech stock valuations to the 2000 dotcom bubble peak. As OpenAI reaches a $500 billion valuation despite not being profitable, experts debate whether AI's economic promise justifies the massive investments or if market expectations have become dangerously inflated, raising risks of a sharp market correction that could impact global economic growth.
Nvidia's $2 Billion Investment in Elon Musk's xAI as Part of $20 Billion Financing Deal
Oct 08, 2025 02:20 pm CST
Elon Musk's xAI is securing a $20 billion financing package with Nvidia investing up to $2 billion in equity. The deal includes a special purpose vehicle to purchase Nvidia processors for xAI's Colossus 2 data center in Memphis, with a unique structure splitting $7.5 billion in equity and $12.5 billion in debt. Despite Musk's earlier denial of fundraising, the capital-intensive AI startup reportedly burns through $1 billion monthly.
Chip-Maker Nvidia To Invest $5 Billion In Intel
Sep 19, 2025 02:41 am CST
US chip giant Nvidia will invest $5 billion in semiconductor maker Intel for joint development projects, the companies said in a statement Thursday.
'Taking Over The World': Trump Says He Hopes AI Bosses Know What They're Doing
Sep 18, 2025 11:50 pm CST
US President Donald Trump said on Thursday that artificial intelligence was taking over the world and he hoped tech bosses knew what they were doing, because he didn't.
Nvidia CEO Jensen Huang Says He's Disappointed By China Chip Curbs
Sep 18, 2025 02:41 am CST
The CEO of Nvidia, which faces tight restrictions on selling its chips to China amid the US-China battle over trade and tech, said he's disappointed about the situation.
Trump's UK Visit Lands AI, Pharma, And Nuclear Pledges
Sep 18, 2025 02:04 am CST
President Donald Trump's state visit to the UK has delivered pledges from US tech giants to invest a combined $42 billion to help drive Britain's AI sector.
Google To Make $6.8 Billion AI Investment In UK Ahead Of Trump Visit
Sep 16, 2025 01:49 pm CST
Google said Tuesday it was investing £5 billion ($6.8 billion) in the UK over the next two years to help power the country's AI drive, ahead of a visit by US President Donald Trump.