Nvidia Stock Drops. Why the Chip Maker's AI Bets Are Boosting SoundHound.
While Nvidia’s stock took a breather, the disclosure of its investments in other companies was helping send stocks such as SoundHound AI higher.
Stay updated with breaking news from Integrated Circuits. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
While Nvidia’s stock took a breather, the disclosure of its investments in other companies was helping send stocks such as SoundHound AI higher.
They’re all backing enterprise AI startup Alembic, fresh off $14 million in series A funding led by WndrCo, the venture-capital firm started by DreamWorks...
Next Wednesday’s earnings report could be another catalyst as Nvidia continues to dominate the AI hardware build-out.
Nvidia disclosed investments in several companies. That 13F filing sent SoundHound AI, Arm Holdings, Nano-X Imaging, and Recursion Pharmaceuticals stock...
By Dean Seal Shares of SoundHound AI and Nano-X Imaging surged after chip giant Nvidia disclosed stakes in each of them. SoundHound's stock was up 78% at...