Context: The chipmakers' purchase is part of Meta's planned stock sale of up to $95 billion to fund its data center buildout.
From SiliconANGLE: Meta Platforms Inc. today announced that Nvidia Corp. and Advanced Micro Devices Inc. plan to buy $4 billion worth of its shares. The chipmakers will purchase the equity as part of an up to $95 billion stock sale that the Facebook parent intends to kick off in the near future.
Nvidia's board says it is launching an independent investigation into whether CEO Jensen Huang was targeted by a foreign spy plot, after Huang admitted an affair in a memo to staff.
Source: OpenAI, a major Nvidia customer, plans to buy Google's TPUs; a job listing shows it seeks an engineer to “lead the optimization” of its models on TPUs — OpenAI plans to buy Google's AI chips, according to a person familiar with the matter, in a boost for a rising competitor to OpenAI backer…
S-1: Nvidia plans to invest ~$10B in Anthropic after its IPO, or ~10% of the total new cash Anthropic is expected to raise in November, including in its IPO — Nvidia planned to invest $10 billion in Anthropic alongside its initial public offering, the largest of the new financial commitments from…
Nvidia's independent directors retained Wachtell Lipton and former acting US Attorney Joon Kim to investigate the CEO after the spy-scandal reports.
AI-powered chip design tools for the next generation of 3D semiconductors.
