Nvidia — AI News & Coverage
Nvidia designs the GPUs that power virtually all AI training and inference. The company is worth over $3 trillion and dominates the AI chip market.
Latest News
OpenAI to spend $20B+ on Cerebras chips, receive equity stake
OpenAI has agreed to spend over $20B on Cerebras-powered server capacity over three years, doubling a previous $10B commitment. The deal includes warrants for up to a 10% equity stake in Cerebras plus $1B to fund data center development, as OpenAI diversifies beyond Nvidia. Cerebras plans to IPO next month at ~$35B valuation.
Cursor in talks to raise $2B+ at $50B valuation as enterprise growth surges
AI coding startup Cursor is in talks to raise at least $2B in fresh capital at a $50B pre-money valuation, nearly doubling its $29.3B valuation from six months ago. The oversubscribed round is expected to be led by Thrive and Andreessen Horowitz, with Nvidia and Battery Ventures also participating, as Cursor surpasses $1B in annualized revenue and targets a $6B run rate by year-end.
Jane Street commits $7B to CoreWeave: $6B AI cloud deal plus $1B equity stake
Jane Street has committed approximately $6 billion to use CoreWeave's AI cloud platform, including access to NVIDIA Vera Rubin technology, plus a separate $1 billion equity investment at $109/share. The $7 billion total deal is one of the largest single AI infrastructure commitments by a non-tech company.
NVIDIA launches Ising, world's first open-source quantum AI models
NVIDIA launched Ising, the first family of open-source AI models for quantum computing, on World Quantum Day. The suite includes a vision-language model for automated quantum processor calibration and neural network decoders for real-time quantum error correction, delivering up to 2.5x faster and 3x more accurate results than current standards.
HN: Taking on CUDA with ROCm — 'One Step After Another'
An EE Times deep dive on AMD's ROCm push to challenge NVIDIA's CUDA dominance hit the HN front page with 79 points. AMD's MI355X posted results within single-digit percentages of NVIDIA B200 at MLPerf Inference 6.0, and Meta's 6-gigawatt GPU commitment signals production-scale ROCm deployments ahead.
Meta expands CoreWeave AI infrastructure deal to $21B through 2032
Meta and CoreWeave expanded their AI cloud partnership with a new $21B agreement running through 2032, bringing total deal value to roughly $35B. The capacity will include early deployments of NVIDIA's Vera Rubin platform for Meta's AI inference workloads.
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