Nvidia Rules Out $100B OpenAI Bet as IPO Nears
Jensen Huang confirmed Nvidia's $30B OpenAI investment will likely be its last direct equity stake, killing the $100B pledge as OpenAI races toward a public listing at a $730B valuation.
Articles Tagged "Acquisition"
Meta's $100B AMD Bet Is a Direct Shot at Nvidia
Meta and AMD signed a 6-gigawatt, multi-year GPU pact worth up to $100B - announced days after a separate Nvidia expansion, signaling Meta's deliberate strategy to break single-vendor dependence in AI compute.
Bezos Eyes Tens of Billions to Remake Manufacturing With AI
Jeff Bezos' Project Prometheus is raising tens of billions through a manufacturing transformation vehicle to acquire industrial companies and rebuild them with AI.
Anthropic Acquires Vercept to Supercharge Claude's Computer Use - UiPath Stock Drops 3.6%
Anthropic acquires Seattle startup Vercept and its nine-person team of Allen Institute for AI alumni, folding their vision-based desktop automation into Claude as computer use scores hit 72.5% on OSWorld.
Google Acquires ProducerAI - The Riffusion Successor That Hit 1 Million Users
Google acquires AI music startup ProducerAI (formerly Riffusion) and folds its team into Google Labs and DeepMind, pairing the platform with Lyria 3 to compete with Suno in the AI music generation market.
SpaceX Swallows xAI in $1.25 Trillion Merger, Files Plans for a Million Orbital Data Centers
Elon Musk merges SpaceX and xAI in the largest merger of all time, valued at $1.25 trillion, with plans for orbital AI data centers and a mid-2026 IPO that could raise $50 billion.
Hugging Face Absorbs llama.cpp Creator in Bid to Own the Local AI Stack
Georgi Gerganov's ggml.ai joins Hugging Face, bringing the most important local inference project under the $13.5 billion AI platform's umbrella.
