Palantir is a “rare cult with no sex and very little drugs and we’re not poisoning anyone,” quipped its billionaire CEO in a recent sitdown.

Apple is ramping up research and development of its own AI chip to reduce its reliance on third-party developers, potentially finally completely ending its decades-long unhappy relationship with Nvidia.

Live Updates Make sure to refresh this page periodically for updates. US Banks Planning to Sue the Fed 8:08 am One of the biggest reports premarket is that US banks are planning to sue the Federal Reserve over annual stress tests.

Companies like AMD ( AMD) are angling to poach Nvidia’s customers and slice into its estimated 80% to 90% market share. Even Nvidia’s own customers are working on chips meant to cut down on their reliance on the graphics giant’s semiconductors. And Wall Street is getting on board.

SemiAnalysis pitted AMD's Instinct MI300X against Nvidia's H100 and H200, observing several differences between the chips. For the uninitiated, the MI300X is a GPU accelerator based

Like most big tech companies with artificial intelligence ambitions, Apple has little choice but to use chips from Nvidia, whose graphics processing units are practically a de facto standard in the development and running of AI software.

Unlike Nvidia, SoundHound AI is still losing money. And even after a huge increase in revenue, the company is still expecting to generate less than $190 million in sales next year, while its current research and development budget over the last 12 months totaled just $64 million.

Olympian Motors partners with Nvidia to develop AI-powered EV platform, leveraging advanced computing solutions for modular design and deployment.

Apple and NVIDIA shared details of a collaboration to improve the performance of LLMs with a new text generation technique for AI.

HIVE Digital Technologies (NASDAQ:HIVE) announced on Tuesday its acquisition and deployment of advanced Nvidia Corp (NASDAQ:NVDA) H100 and H200 GPU clusters in Quebec, Canada. This strategic $30 million investment aims to strengthen HIVE’s position in artificial intelligence (AI) and high-performance computing (HPC) and enhance its role in the digital transformation landscape.

Nvidia is IBD Stock Of The Day as the AI chipmaker rises above its 50-day moving average and a downward-sloping trendline.