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Nvidia is partnering with major Indian VC firms in search for the country's next AI start-ups
Nvidia is expanding its partnerships in India, including with venture capital firms, as it bets on the country's AI ecosystem that has drawn massive Big Tech investments.
CEO Jensen Huang runs the world’s largest company and his placement on the ‘Mount Rushmore’ of tech leaders is all but secured. Yet, what we’re seeing across the past six months might be his greatest work to date,
Meta just announced a deal to buy "millions" of NVIDIA Blackwell and Rubin GPUs in a new long-term partnership.
Meta is deepening its ties to Nvidia in a move that could further pressure Intel and AMD, even as AI demand remains strong.
Nvidia maintains a dominant position in AI chips with an estimated 81% market share, according to market research provider IDC, despite facing competition from several chip designers over the years. Sandisk, on the other hand, is a much smaller player in the flash storage space.
Nvidia added positions in struggling rival Intel ( INTC ), chip design software maker Synopsys ( SNPS ), and Finnish telecom Nokia ( NOK ). Synopsys shares climbed about 6% in recent trading, while Nokia shares added 2%. Intel shares were little changed.
Meta expands partnership with Nvidia in a deal likely worth tens of billions, for deploying millions of GPUs and new standalone CPUs in AI data centers
Nvidia‘s (NASDAQ:NVDA) strategic investment portfolio has gained more attention amongst investors as it increasingly targets companies that enhance its AI ecosystem. While the “secret portfolio” has faced headwinds amid questions about AI’s momentum,