Nvidia Briefly Tops Amazon in Market Value, Becomes 4th Most Valuable US Company
AI chipmaker Nvidia rises to the 4th spot of America's most valuable companies, topping Amazon.
Source: techtimes.com
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graphcore funding: Nvidia rival Graphcore in need of funding as losses mount
Graphcore produces AI chips called intelligence processor units (IPUs) that aim to take on Nvidia. It reported pre-tax losses widened 11% to $204.6 million, according to a filing of its 2022 financial statements filed Wednesday.
Source: indiatimes.com
SoftBank seeking to invest or partner with OpenAI: Report
SoftBank may invest billions in AI companies, including a possible partnership with Open AI and a potential acquisition of Graphcore.
Source: livemint.com