Wall Street’s $11 billion bet on AI firms fuelled by NVIDIA chips sparks global ambitions

Wall Street’s  billion bet on AI firms fuelled by NVIDIA chips sparks global ambitions

Wall Street’s financial titans have invested more than $11 billion into a niche group of AI-focused tech companies. These “neo-cloud” firms are leveraging NVIDIA’s powerful GPU technology to dominate the AI market, creating a lucrative… Article Source https://www.businesstoday.in/technology/news/story/wall-streets-11-billion-bet-on-ai-firms-fuelled-by-nvidia-chips-sparks-global-ambitions-452592-2024-11-05

Indian firms secretly funneled AMD, Nvidia AI GPUs to Russia — sanctions reportedly skirted on hundreds of millions of dollars of hardware

Indian firms secretly funneled AMD, Nvidia AI GPUs to Russia — sanctions reportedly skirted on hundreds of millions of dollars of hardware

Following sanctions from the United States and its allies over the war against Ukraine, Russia now has to smuggle advanced processors into the country. As discovered by Bloomberg,  an Indian pharmaceutical company, has been involved in… Article Source https://www.tomshardware.com/tech-industry/artificial-intelligence/indian-firms-secretly-funneled-amd-nvidia-ai-gpus-to-russia-sanctions-reportedly-skirted-on-hundreds-of-millions-of-dollars-of-hardware

Why Is Nvidia Stock Down 5%? Blame A Dutch Firm’s ‘Technical Error’

Why Is Nvidia Stock Down 5%? Blame A Dutch Firm’s ‘Technical Error’

Topline Fresh off of a record closing high, Nvidia stock slid Tuesday as part of a semiconductor chip stock slump with an unusual impetus: A less-than-stellar earnings release from a Dutch company which accidentally came out earlier than… Article Source https://www.forbes.com/sites/dereksaul/2024/10/15/why-is-nvidia-stock-down-5-blame-a-dutch-firms-technical-error/

BBG: US weighs capping AI chip sales from Nvidia, AMD, other US firms to some countries | Forexlive

BBG: US weighs capping AI chip sales from Nvidia, AMD, other US firms to some countries | Forexlive

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully… Article Source https://www.forexlive.com/news/bbg-us-weighs-capping-ai-chip-sales-from-nvidia-amd-other-us-firms-to-some-countries-20241015/

Intel Broker Claims Cisco Breach, Selling Stolen Data from Major Firms

Intel Broker Claims Cisco Breach, Selling Stolen Data from Major Firms

Intel Broker claims a major data breach at Cisco, allegedly stealing source codes, confidential documents, and credentials from global firms like Verizon, AT&T, Microsoft, and more. Data is now for sale on Breach Forums. Intel Broker, a… Article Source https://hackread.com/intel-broker-cisco-data-breach-selling-firms-data/

NVIDIA’s Entire Blackwell AI GPU Supply Sold Out For The Next 12 Months, AI Firms Gobble Up 100K Units In A Single Order Highlighting Insane Demand

NVIDIA’s Entire Blackwell AI GPU Supply Sold Out For The Next 12 Months, AI Firms Gobble Up 100K Units In A Single Order Highlighting Insane Demand

NVIDIA’s Blackwell AI portfolio is sold out for the next 12 months as Team Green witnesses massive demand for its upcoming products. NVIDIA’s Blackwell AI GPU Architecture Is Said To Shock “AI Bearish” Scenarios, Team Green… Article Source https://wccftech.com/nvidia-entire-blackwell-ai-gpu-supply-sold-out-ai-firms-100k-units-a-single-order-highlighting-insane-demand/