Why AI won’t end the world, says Nvidia’s Huang, as four AI labs are sued

Why AI won’t end the world is a question Nvidia CEO Jensen Huang answered with a single number on Sept. 18: zero. In a CBS News interview, he said: “2030 is not going to be the end of the world. There is 0% chance that’s going to be the end of the world.” Huang called […]
Nvidia’s $105 billion OpenAI deal puts Ohio compute under fresh scrutiny

The $105 billion OpenAI deal disclosed in an Nvidia securities filing on Monday commits the chipmaker to standing behind a data center it will neither own nor operate. Credit from Nvidia covers an initial 4.25 gigawatts of computing capacity, with an option on a further 3.75 gigawatts. SB Energy will build and manage the site […]
Nvidia Lines Up $500 bn for AI Buildout With Six Wall Street Firms

Nvidia just found $500 bn for AI buildout, and it didn’t have to write the check itself. On Monday, the chipmaker announced memorandums of understanding with six of Wall Street’s biggest names: Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR. The goal is to stand up independent compute financing platforms that pull in more than […]
UAE Gains Licence-Free Access to Nvidia AI Chips as US Eases Export Rules

Licence-free access to Nvidia AI chips now reaches the UAE after a major US policy change. The Commerce Department eased US export controls on Friday, opening a faster path for Gulf technology firms. Washington approved this shift to reward a close ally and to grow sales for American chipmakers. You now see a real turn […]