NVIDIA

The window for AI IPOs is shrinking

We look at how differently public markets and private investors value AI startups, plus Anthropic’s new office in Singapore.

Nvidia’s China AI-chip share falls to 34% as Huawei gains

Huawei, the Shenzhen-based telecoms and technology company, shipped 572,000 AI accelerators and took 28% of the market.

Nvidia, Cisco plan new optics format for AI data centers

TE Connectivity and Amphenol are helping Nvidia and Cisco with USFP connectors and modules.

Amazon in talks to buy AI startup Decart for $7b

Anthropic, which explored a US$6 billion deal, passed on buying Decart after due diligence.

Nvidia weighs investing in or buying Reflection AI

Founded in 2024 by ex-DeepMind researchers, Reflection AI recently launched its Beam model.

Firmus explores $3b private funding round after IPO withdrawal

Firmus previously announced a US$2 billion strategic equity investment to expand AI infrastructure.

Australian AI firm Firmus withdraws planned IPO

Firmus had aimed to raise US$5 billion at A$11 (US$7.7) a share.

Lenovo launches AI Express with Nvidia

Lenovo said the program offers a path to its Hybrid AI Factory with Nvidia.

Mistral unveils Large 4 AI model ahead of wider release

Mistral said it trained the model over two months on 4,000 Nvidia Grace Blackwell GPU.

SpaceX seeks $40b for Nvidia chips: sources

In June, SpaceX targeted a US$1.75 trillion valuation in an all-secondary share sale.

S Korea plans $3.5b frontier AI program

LG, SK Telecom, and Upstage advanced in South Korea’s sovereign AI project.

Nvidia’s $20b Groq deal faces suit over skipped vote

Groq announced in December that it had entered into an inference-technology licensing agreement with Nvidia.

Firmus plans to allocate half of IPO to existing investors

Cerebras shares fall 20% as OpenAI turns to Nvidia

Cerebras’ CEO and CTO sold more than $240 million in stock under trading plans.

Amazon explores $8b Nvidia chip sale to outside investors

Under the proposed structure, Amazon would lease the chips back from the vehicle, which would raise debt.

Nvidia joins AI cloud startup GMI Cloud’s $668m round

The company said the funding will help bring more computing capacity online in more parts of the world.

TrendAI expands AI agent security with Nvidia platform

Nvidia described the platform as a reference for continuous in-silicon monitoring and said it is designed to secure AI agents from testing to deployment.

LG Electronics unveils modular AI data center cooling system

Nvidia has certified LG’s coolant distribution units in capacities up to 2.6 megawatts.