New Delhi, July 27 (IANS) US-based multinational technology company Nvidia is in talks to provide around $250 billion in financing guarantees to OpenAI as part of a massive artificial intelligence (AI) data centre project in the US, according to a report.As per report published in The Wall Street Journal, the proposed backing would help the ChatGPT maker lease a 10-gigawatt data centre campus being developed by SoftBank’s energy subsidiary in southern Ohio.It further showed that the project is e…
Latest Jensen Huang News & Updates
San Francisco, July 25 (IANS) South Korean conglomerates and global tech giants, including Nvidia, have agreed to pursue a series of cooperation projects that together are worth $950 billion, a senior presidential official said.The projects include a long-term deal under which SK Group will supply $750 billion worth of high-performance semiconductors to global tech firms, including Nvidia, presidential chief of staff for policy Kim Yong-beom said at a press briefing, reports Yonhap news agency.T…
New Delhi, July 2 (IANS) China’s President Xi Jinping has repeatedly emphasised at high-level meetings with world leaders and corporate heads that his country is keen to attract foreign investments, even though recent events have brought into question the safety and viability of those potential investments, according to an article in The Diplomat.It highlights that world’s top business leaders that Jinping has addressed at meetings in recent months include Elon Musk of Tesla and SpaceX, Jens…
Seoul, June 14 (IANS) Hyundai Motor Group accounted for 11.8 per cent of the US automobile market in the January-April period this year, data showed on Sunday, on the back of strong sales of hybrids and other eco-friendly models.According to data compiled by industry tracker Omdia, the combined market share of Hyundai Motor Co. and Kia Corp. rose 1 percentage point from a year earlier during the first four months of 2026, ranking fourth behind General Motors Co., Toyota Motor Corp. and Ford Moto…
Seoul, June 8 (IANS) Nvidia and SK hynix said on Monday they have entered into a multi-year technology partnership to advance next-generation memory technologies for artificial intelligence (AI) factories.”We made a very significant and long-term partnership with SK,” Nvidia Chief Executive Officer (CEO) Jensen Huang told reporters at the SK Group headquarters in Seoul.Huang said the two companies will jointly develop technology road maps and deepen their collaboration beyond traditional memory …
Washington, June 6 (IANS) Senator Elizabeth Warren, the top Democrat on the Senate Banking Committee, has invited Nvidia President and Chief Executive Officer Jensen Huang to testify at a public hearing on artificial intelligence next week, placing renewed focus on the company’s business interests in China and US export controls.In a letter dated June 4, Warren asked Huang to appear before members of the Senate Committee on Banking, Housing, and Urban Affairs at a hearing scheduled for June 11 i…
Seoul, June 2 (IANS) Jensen Huang, chief executive officer of US chip giant Nvidia, met with SK Group Chairman Chey Tae-won in Taipei to discuss the future of cooperation in artificial intelligence (AI) memory.The meeting took place in Taipei, according to a post on SK Group’s Facebook account. Both executives were in the Taiwanese capital to attend Computex, one of Asia’s largest technology trade shows.”With SK hynix reaching a market capitalisation of US$1 trillion, the executives of both comp…
New Delhi, June 2 (IANS) As the artificial intelligence boom reshapes the global technology industry, compensation and profit-sharing are increasingly emerging as key issues, with Nvidia CEO Jensen Huang arguing that workers should be paid as much as possible.Speaking on the sidelines of Computex in Taipei on Tuesday, Huang said employees should benefit from the rapid growth generated by AI-driven investments.“I think people should be paid as much as possible,” Huang said while responding to…
Washington, June 2 (IANS) A senior US senator has questioned whether Nvidia’s advanced artificial intelligence chips are continuing to reach China despite American export restrictions, citing a series of criminal cases that allegedly involved the diversion of hundreds of millions of dollars worth of the company’s technology.Senator Elizabeth Warren, the top Democrat on the Senate Banking Committee, said recent Justice Department cases raise “urgent questions” about Nvidia’s compliance with US ex…
Seoul, June 2 (IANS) South Korean stocks traded lower late on Tuesday morning as investors rushed to cash out market heavyweights, bucking overnight gains on Wall Street.Opening a tad higher, the benchmark Korea Composite Stock Price Index (KOSPI) was down 188.63 points, or 2.15 percent, to 8,599.75 as of 11:20 am (local time), reports Yonhap news agency.Overnight, U.S. stocks finished higher, with major indexes reaching fresh record highs as a rally in tech shares lifted market sentiment.U.S. c…