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Chip fever has created an $11 billion debt market backed by Nvidia’s AI-enabling GPUs

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Chip fever has created an billion debt market backed by Nvidia’s AI-enabling GPUs

Top Wall Street lenders have created a big debt market back by red-hot Nvidia GPUs. A report from the FT says firms have made billions in loans to companies that use Nvidia chips as collateral. The risk is that… Article Source https://www.businessinsider.com/nvidia-ai-gpu-chips-demand-artificial-intelligence-debt-investing-cloud-2024-11

A self-driving car firm backed by Nvidia and Uber is now on America’s roads

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A self-driving car firm backed by Nvidia and Uber is now on America’s roads

A London-based autonomous vehicle startup backed by Uber and Softbank is finally going international. Prada is making spacesuits for NASA and the price tag is out of this world Wayve on Wednesday said it would begin testing its self-driving cars… Article Source https://qz.com/uber-nvidia-self-driving-car-startup-wayve-california-1851679388

One of the largest solar projects in the US opens in Texas, backed by Google

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One of the largest solar projects in the US opens in Texas, backed by Google

One of the largest solar projects in the U.S. opened in Texas on Friday, backed by what Google said is the largest solar electricity purchase it has ever made. Google executive Ben Sloss said at the ribbon cutting, about two hours south of Dallas,… Article Source https://finance.yahoo.com/news/one-largest-solar-projects-us-183613441.html

Silicon photonics startup Xscape backed by Nvidia and Cisco in $44M funding round

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16 Oct 2024 Santa Clara firm co-founded by Columbia engineers targets AI data centers with multi-color photonics platform. Xscape Photonics, a Silicon Valley startup aiming to reduce the enormous power consumption of AI-focused data centers… Article Source https://optics.org/news/15/10/27

Is This Up-and-Coming AI Stock Worth Investing In, Now Backed by Google? | The Motley Fool

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Is This Up-and-Coming AI Stock Worth Investing In, Now Backed by Google? | The Motley Fool

Google-backed healthcare AI company, Tempus AI, recently held its IPO and saw its shares soar. The company, founded in 2015 by Eric Lefkofsky, uses AI to provide personalized diagnostics for patients, with the goal of improving therapies and accelerating the development of new treatments. Google’s financial relationship with Tempus dates back to 2020, with Tempus … Read more

LilacSquid Threat Actor, Backed by Cisco Talos, Launches Worldwide Attack Using PurpleInk Malware against Multiple Sectors

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LilacSquid Threat Actor, Backed by Cisco Talos, Launches Worldwide Attack Using PurpleInk Malware against Multiple Sectors

A recent report by Cisco Talos revealed the activities of a cyber espionage threat actor known as LilacSquid, or UAT-4820. LilacSquid targets organizations in various sectors across the US, Europe, and Asia by exploiting vulnerable web applications or using compromised Remote Desktop Protection credentials to infect systems with custom PurpleInk malware. The threat actor has … Read more