Iris Energy recently made a significant investment in Nvidia GPUs to expand its AI cloud services. The company has purchased 1,080 NVIDIA H200 GPUs, valued at $43.9 million, bringing its total GPU ...
AI chipmakers Nvidia and Advanced Micro Devices led the tech stock rally Thursday, following the Federal Reserve’s sizable, ...
Qualcomm, Intel, and AMD are bringing AI-capable PCs to the mainstream, with shipments expected to reach 100 million by 2027.
Three months ago, startup Hippocratic AI released its first commercial product, a generative AI-based, task-specific ...
The drive to develop more powerful AI capabilities will require significant infrastructure investment to support it.
The S&P 500 hit a record high on Thursday, buoyed by the Federal Reserve's 50 basis points interest rate cut and optimistic ...
Artificial Superintelligence Alliance posted a near triple-digit rally over the past month. Cointelegraph explains why.
Indexes rallied Thursday, with tech stocks leading the Nasdaq to rise 2.5% as investors continued to digest Wednesday's jumbo ...
NVentures, NVIDIA's venture capital arm, has made an investment in Hippocratic AI, following their technical collaboration on ...
by leveraging the Nvidia NeMo software platform to develop custom generative AI that can be run in the data center, in any ...
Nvidia ( NVDA 4.04%) stock is jumping Thursday following the Federal Reserve's recent interest rate cut. The company's share price was up 4.9% as of 3 p.m. ET.
On the basis of forward 12-month price-to-earnings (P/E) ratio, we see that the industry is currently trading at a 36.76X multiple, which is its median value over the past year. However, since the S&P ...