AI chip giants NVIDIA and AMD have been under heated competition for a couple of years. NVIDIA, though controls the lion’s share of the market for AI computing solutions, had been challenged by AMD while the latter launched Instinct MI300X GPU in late 2023, claiming the product to be the fastest A...

The Wall Street Journal reported that OpenAI is in talks for a new round of funding, with tech giants Apple and NVIDIA both interested in investing in the AI research company OpenAI. It’s reported that this investment will be part of OpenAI's new round of financing, which will bring its estimat...

On August 27, AI server giant Supermicro was accused of accounting violations, inadequate disclosure of related party transactions, and evading sanctions by selling products to Russia by short-seller Hindenburg Research. In addition, Supermicro announced on August 28 that it would delay the relea...

The electric car market in China has been facing intense competition, with Xiaomi revealed that it suffered a USD 9200 loss per vehicle from April to June. However, the price war is not the only battleground, as the focus now seems to be turned to another front. According to a report by CNBC, chi...

AI chip NVIDIA provided financial guidance for the third quarter, estimating its quarterly revenue to reach USD 32.5 billion, with a fluctuation of plus or minus 2%. The figure, though beats market expectations in general, still falls short of the market’s most optimistic forecast of USD 37.9 bill...