Content tagged with Nvidia

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Nvidia-backed SiFive hits $3.65 billion valuation for open AI chips

SiFive, a company founded in 2015 by the UC Berkeley engineers who created an open source chip design, has landed a $400 million oversubscribed round that values the company at $3. This deal is interesting for a bunch of reasons. For one, SiFive’s RISC-V open chip design is based on …

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Mistral AI raises $830M in debt to set up a data center near Paris

French lab Mistral AI has raised $830 million in debt to build a new data center near Paris that will be powered by Nvidia chips, according to reports from Reuters and CNBC. Mistral first announced plans to build a data center last year, when its CEO Arthur Mensch said it …

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TechCrunch Mobility: Uber everywhere, all at once

Welcome back to TechCrunch Mobility, your central hub for news and insights on the future of transportation. To get this in your inbox, sign up here for free — just click TechCrunch Mobility! If you haven’t noticed, Uber is suddenly everywhere, at least when it comes to autonomous vehicles. The …

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Why Wall Street wasn’t won over by Nvidia’s big conference

When Nvidia CEO Jensen Huang took the stage for his annual GTC keynote on Monday, the $4-trillion-dollar company’s stock started to drop. Wall Street investors, it seems, were unmoved by the leather jacket-clad founder’s bullish 2. Instead, they placed more weight on AI’s uncertain future and fears of a bubble. …

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