Browsing Tag
NVIDIA
337 posts
Snap recruits Salesforce and NVIDIA as Specs moves from social app to workplace
Snap is positioning its $2,195 Specs augmented-reality glasses for field service, retail and manufacturing through partnerships with Salesforce, NVIDIA, AWS, Trifork and Hololight, creating an enterprise route for hardware still priced far above mass-consumer smart glasses.
Hyundai Motor targets Level 2++ driving in 2028 as NVIDIA fills the gap before Atria AI arrives
Hyundai Motor Group is standardising vehicle sensors and building an AI data flywheel around NVIDIA while targeting proprietary Atria AI Level 2++ production in the second half of 2029.
Superluminal lands $60m Series B to take genetic obesity drug into human trials
Superluminal Medicines has secured an oversubscribed $60 million Series B to move a selective small-molecule MC4R agonist into Phase 1, entering an obesity niche where Rhythm Pharmaceuticals already generates more than $70 million a quarter.
Enflame’s $908m IPO draws 6,109x demand despite 84% Tencent dependence
Shanghai Enflame Technology is seeking roughly RMB6.12 billion through its STAR Market IPO after online demand exceeded available shares thousands of times, but an 83.8% revenue concentration with Tencent and continuing losses make the offering a high-expectation test of China’s domestic AI chip boom.
IREN secures $2.4bn GPU financing at 9% as AI Cloud ARR reaches $1bn
IREN has secured $2.4 billion of GPU financing for its Mackenzie AI campus at a 9% fixed rate, funding about 90% of associated GPU capex as operating AI Cloud ARR reaches $1 billion and contracted 2026 ARR approaches $4 billion.
ASUS server business grows 200% as Intel, AMD and edge AI widen its infrastructure bet
ASUSTeK Computer is expanding its AI infrastructure portfolio across Intel, AMD, industrial edge systems, storage, cooling and software after server revenue roughly tripled in the second quarter. The strategy could reduce dependence on individual platforms, but NVIDIA architectures still dominate the company’s current server mix.
ESDS is putting 80% of its IPO into servers and cloud infrastructure, now utilisation has to justify a Rs 5,028cr valuation
ESDS Software Solution closes its ₹720 crore IPO today with 80% of the proceeds earmarked for cloud and data-centre infrastructure. Revenue increased 31% and profit more than doubled in FY26, but a roughly 42-times post-issue earnings valuation assumes its AI, GPU and sovereign-cloud expansion can convert heavy infrastructure spending into sustained high-margin growth.
Gatik’s autonomous trucks have completed 85,000 driverless orders, so why is the next stage much harder?
Gatik has secured $200 million after completing 85,000 fully driverless orders and building more than $600 million in contracted revenue. With PepsiCo, Loblaw and other major customers moving beyond pilots, the next test is whether dozens of autonomous trucks can become thousands without weakening safety, service levels or fleet economics.
Nvidia (Nasdaq: NVDA) jumps after $96bn Q2 as $108bn Q3 test looms
Nvidia Q2 revenue doubled to $96.2bn and Q3 guidance hit $108bn. Can Rubin growth outweigh falling margins at a $5tn valuation?
Nutanix Q4 operating margin jumps 790 basis points as ARR reaches $2.55bn
Nutanix ended fiscal 2026 with $2.55 billion of ARR, $2.85 billion of revenue and $840.7 million of free cash flow, while Q4 non-GAAP operating margin expanded nearly eight percentage points to 26.2%.