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#Nvidia

Articles tagged Nvidia.

Nvidia Reflection AI Talks: A Bigger Stake or a Full Purchase of the $25 Billion Open-Weight Lab
Startups & Funding

Nvidia Reflection AI Talks: A Bigger Stake or a Full Purchase of the $25 Billion Open-Weight Lab

Nvidia is in early talks to deepen its investment in Reflection AI or buy it outright, the Financial Times reported. Reflection was valued at $25 billion in its last round, and Nvidia has reportedly already invested about $800 million.

Jordan Beck
What Is the Genesis Mission? The $2.4 Billion in Compute Pledges, Company by Company
Policy & Regulation

What Is the Genesis Mission? The $2.4 Billion in Compute Pledges, Company by Company

Eleven companies pledged $2.4 billion in compute and software credits to the Genesis Mission, the federal AI-for-science program, at a White House summit on October 8. Nvidia and AMD account for $1.5 billion of it, and none of it is cash.

Nadia Rao
Groq Shareholder Lawsuit: What Ex-Engineers Allege About Nvidia's $20 Billion Deal
Startups & Funding

Groq Shareholder Lawsuit: What Ex-Engineers Allege About Nvidia's $20 Billion Deal

Two former Groq engineers sued the company's board in Delaware, alleging the $20 billion license-and-hire arrangement with Nvidia skipped a required stockholder vote and shortchanged common holders. Groq calls the suit meritless.

Jordan Beck
Nscale Closed $3.36B in Convertibles, With Nvidia's $1B Landing in November
Startups & Funding

Nscale Closed $3.36B in Convertibles, With Nvidia's $1B Landing in November

Nscale raised $3.36 billion in pre-IPO convertible notes led by Third Point, with $2.36 billion at closing and $1 billion from Nvidia expected in mid-November. The notes convert automatically at IPO, and Nvidia's convert into non-voting shares.

Jordan Beck
Crusoe Closed $3.9B at $30.9B, and the Contracted Book Is $140B
Startups & Funding

Crusoe Closed $3.9B at $30.9B, and the Contracted Book Is $140B

Crusoe closed the initial tranche of a $3.9 billion Series F at a $30.9 billion post-money valuation, co-led by Atreides, Mubadala Capital, and Valor. It reports more than $140 billion in total contracted value and over 6 gigawatts of gross contracted capacity.

Jordan Beck
The DOJ Is Probing Whether Nvidia Built the Groq Deal to Dodge Merger Review
Policy & Regulation

The DOJ Is Probing Whether Nvidia Built the Groq Deal to Dodge Merger Review

The Justice Department sent Nvidia a formal demand for information about its roughly $20 billion Groq licensing deal, examining whether it was structured to avoid antitrust review. The probe lands while Nvidia's Hugging Face acquisition heads into the conventional review Groq skipped.

Sam Whitaker
Nscale Wants $3.5B Before Its IPO, and About $2B of It Would Come From Nvidia
Startups & Funding

Nscale Wants $3.5B Before Its IPO, and About $2B of It Would Come From Nvidia

Nscale is seeking up to $3.5 billion ahead of a New York listing, structured as $1.5 billion in convertible notes plus roughly $2 billion from Nvidia. Its contracted backlog went from about $51 billion to $103 billion in a month, and nearly the whole jump is one six-year Anthropic lease.

Jordan Beck
Nvidia Signed the Hugging Face Deal, and This Is the One That Has to Clear Antitrust
AI & ML

Nvidia Signed the Hugging Face Deal, and This Is the One That Has to Clear Antitrust

Nvidia and Hugging Face entered a definitive merger agreement on September 2 valued at $12,930,300,000, with roughly $11.9 billion to stockholders and up to $1 billion in retention equity. It closes in the first half of 2027 and is the largest deal Nvidia has ever put through conventional merger review.

Maya Iverson
Nvidia Is Reportedly Buying Hugging Face for About $12.9B
AI & ML

Nvidia Is Reportedly Buying Hugging Face for About $12.9B

Reports say Nvidia agreed to acquire Hugging Face, the main hub where developers share open-source models, for roughly $12.9 billion. No signed agreement has been confirmed. The strategic logic runs through keeping open-source AI on Nvidia hardware.

Maya Iverson
Nvidia Beat at $96.2B and Guided to $108B. The Stock Added $442B in a Day.
Big Tech

Nvidia Beat at $96.2B and Guided to $108B. The Stock Added $442B in a Day.

Nvidia reported Q2 FY2027 revenue of $96.22 billion against $92.07 billion consensus, with Data Center up 117% to $89.02 billion. It guided Q3 to $108 billion and said revenue should grow about 70% next fiscal year.

Sam Whitaker
Nvidia Is in Talks to Back Perplexity Above $30B, a Customer That Runs on Its Chips
Big Tech

Nvidia Is in Talks to Back Perplexity Above $30B, a Customer That Runs on Its Chips

Nvidia is discussing an equity investment that would value Perplexity above $30 billion, up from roughly $20 billion last year. Perplexity's annualized revenue passed $750 million, and in July it committed to running agent workloads on Nvidia's Vera CPUs.

Sam Whitaker
Nvidia Is Talking to Rebellions, a $2.3B Korean Inference-Chip Startup
Hardware & Devices

Nvidia Is Talking to Rebellions, a $2.3B Korean Inference-Chip Startup

Jensen Huang met Rebellions CEO Sunghyun Park in Santa Clara to discuss a partnership, an investment, or a possible acquisition. Rebellions builds data-center NPUs tuned for inference and is backed by SK hynix, Samsung Ventures, and Arm.

Maya Iverson