Nvidia soars to $3tr market capitalisation as it ponders next big thing
Semiconductor behemoth Nvidia (NASDAQ: NVDA) has etched its name into the annals of corporate history by becoming the third publicly traded company to surpass the coveted US$3 trillion market capitalisation threshold. This achievement, propelled by the insatiable demand for its cutting-edge grap...
June 05
CoreWeave to invest $2.2bn in data centers in Sweden and Norway by 2025
Privately held AI hyperscaler CoreWeave Inc. said its plans to invest US$2.2 billion in the expansion and opening of three new data centres in continental Europe by the end of 2025 in Norway and Sweden. This aligns with CoreWeave's strategy to advanced compute solutions, particularly NVIDIA's Blackwell platform and NVIDIA Quantum-2 InfiniBand networking, catering to the nee...
June 05
Applied Digital closes bank loan for HPC venture
The nominations for The Tech Capital Global Awards 2024 are currently open. To learn more about the awards and submit an entry, please visit our website. The deadline for submissions is at midnight ET on March 16. High-Performance Computing (HPC) infrastructure operator Applied Digital Corporation (Nasdaq: APLD) has closed a loan agreement with The Bank of North Dakota...
March 12
YTL Power and NVIDIA partner for $4.3bn AI digital infrastructure venture in Malaysia
YTL Power International (YTL) of Malaysia has entered into a collaborative agreement with NVIDIA to establish artificial intelligence (AI) infrastructure within the country. The partnership aims to furnish Malaysia with access to advanced supercomputers, anticipated to be operational by mid-2024. The AI infrastructure initiative, valued at RM20 billion ($4.3 billion), will ...
January 15
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