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Nvidia Corporation
176 posts
OpenAI’s reported $278bn cash burn reveals the financing scale behind frontier AI
OpenAI expects negative free cash flow of about $278 billion between 2026 and 2030, the Financial Times reported, even as the company projects tenfold revenue growth and as much as $856 billion of cumulative computing and infrastructure spending.
Nscale files for US IPO after revenue jumps 1,252% but first-half loss tops $1bn
Nvidia-backed Nscale has filed for a New York Stock Exchange listing after first-half revenue increased more than thirteenfold to $140.6 million, but a $1.02 billion net loss, concentrated customers and enormous infrastructure requirements make the IPO a major test of investor appetite for capital-intensive AI growth.
CoreWeave launches another $3bn convertible as $104bn backlog demands more capital
CoreWeave has launched a $3 billion convertible-note offering and a separate programme covering as many as 35 million shares as the AI cloud provider races to finance infrastructure supporting a $104 billion revenue backlog and rapidly expanding contracted power capacity.
Lucid’s 25,000-car Bolt deal turns Midsize platform into a European robotaxi bet
Bolt plans to deploy at least 25,000 autonomous vehicles based on Lucid’s upcoming Midsize platform across European cities, giving Lucid another route to monetise its software-defined architecture while the loss-making electric-vehicle company works to preserve cash.
Hyundai delays in-house Level 2++ system to 2029 as Nvidia fills autonomous-driving gap
Hyundai Motor has pushed the launch of its internally developed Level 2++ driver-assistance technology from late 2027 to late 2029 and will use Nvidia technology as an interim solution, exposing the challenge of keeping pace with increasingly software-intensive Chinese and global competitors.
Huawei AI chip demand outruns supply as Ascend 960 targets Nvidia in 2027
Huawei says it cannot manufacture enough AI computing equipment to satisfy Chinese demand, even as it accelerates two Ascend 960 chips into 2027 and builds computing systems designed to link as many as one million processors.
Apple explores Nvidia technology for possible return to enterprise server market
Apple is reportedly evaluating Nvidia’s NVLink Fusion networking technology for an enterprise artificial-intelligence server built around future M8 Ultra processors, potentially bringing the iPhone maker back into server hardware more than a decade after discontinuing Xserve.
Qedma brings QESEM quantum error mitigation to NVIDIA CUDA-Q ecosystem
Qedma Quantum Computing has integrated its QESEM error-mitigation software with NVIDIA CUDA-Q, extending a multi-platform strategy that already spans IBM and Quantinuum as quantum developers look for more reliable results from noisy hardware.
Positron AI valuation jumps fourfold to $5bn as Liberty Global joins $875m funding round
Liberty Global backs Positron AI in an $875 million round valuing the Nvidia challenger at $5 billion as AI inference demand accelerates.
NVIDIA to pay nearly 3x Hugging Face’s 2023 valuation to own the open-model hub
NVIDIA is acquiring Hugging Face for $12.93 billion, paying $11.9 billion to shareholders and reserving up to $1 billion for employee retention as it moves deeper into the software and developer layer surrounding open artificial intelligence.