Databricks secures $500 million in Series I funding, reaching a $43 billion valuation, as it accelerates its generative AI initiatives in partnership with NVIDIA and expands its presence in the AI ecosystem.
As Meta, Microsoft, and Google spend billions to build AI, Nvidia is selling them the chips and making a killing, beating Wall Street revenue estimates by $2 billion.
In support of AI's continuous development, Nvidia has released a powerful chip tailor-made for generative AI with the ability to accelerate computing projects as industry competition heats up.
Nvidia joins Google, Apple and Microsoft in the $1 trillion club after shares soared on the back of a 50% surge in Q2 revenue forecast as AI popularity soars.
Microsoft eyes to become a frontrunner in the metaverse space, betting on its new alliance with Nvidia that will see them build services for virtual worlds.
Nvidia’s fiscal net income has reached $2.4 billion in Q2, but despite the growth, the sales of the tech giant's blockchain mining chip failed to meet expectations.
