
Nvidia denies $1 billion data-centre investment in Nuevo León
Nvidia has denied plans to invest $1 billion in a proposed AI data centre in Nuevo León, contradicting the Mexican governor’s earlier announcement.

Nvidia has denied plans to invest $1 billion in a proposed AI data centre in Nuevo León, contradicting the Mexican governor’s earlier announcement.

Global chipmaker Nvidia will partner with local operators to build a $1 billion green data centre in Nuevo León, Mexico — a strategic move to expand AI infrastructure in Latin America.

SoftBank sold a $5.8 billion Nvidia stake to bankroll a $30 billion push into OpenAI - the shock moved shares down as much as 10% and reignited the AI valuation debate.

Elon Musk's artificial intelligence company xAI has secured $6 billion from prominent investors including BlackRock, Nvidia Corp., and AMD.

Nvidia, the renowned American chipmaker and Japanese Softbank Corp have piloted world's first artificial intelligence and 5G telecoms network.

Often regarded as the 'AI Godmother' Chinese-American computer scientist, Fei Fei Li last week raised $230 million for her AI startup World Labs.

AMD has acquired New Jersey-based ZT Systems, a leading provider of AI, cloud, and general-purpose computing, and infrastructure and design expertise.

Nvidia's shares surged by 2.5 percent on Wednesday pushing its market capitalization to $1.83 trillion - beating Google parent Alphabet Inc.

Union Minister Rajeev Chandrasekhar said India is looking to shape global trends and conversations in artificial intelligence.