Chinese tech giants bought more NVIDIA AI GPUs than Meta, Google, Amazon; Microsoft biggest buyer
3 months ago

Chinese tech giants bought more NVIDIA AI GPUs than Meta, Google, Amazon; Microsoft biggest buyer

Firstpost  

Tencent and ByteDance ordered roughly 230,000 of NVIDIA’s Hopper GPUs, including a specialised H20 variant tailored to comply with US export regulations for China. That’s more AI GPUs, than Google, Meta, Amazon, or Tesla/xAI Despite restrictions imposed by the US, their GPU acquisitions outpaced tech behemoths like Google, Meta, and Amazon, underscoring their determination to bolster AI capabilities. Image Credit: Reuters Chinese technology giants Tencent and ByteDance, the company behind TikTok, made major moves in the AI race by snapping up a substantial number of NVIDIA’s high-end AI GPUs in 2024. That’s more AI GPUs, than Google, Meta, Amazon, or Tesla/xAI In contrast, Microsoft led the pack with an eye-popping acquisition of 485,000 Hopper chips, far outpacing its competition. Despite restrictions imposed by the US, their GPU acquisitions outpaced tech behemoths like Google, Meta, and Amazon, underscoring their determination to bolster AI capabilities.

China Tech Amazon Google Microsoft Chinese Ai Chinese Firms Bytedance Hopper Chips Gpus Meta Nvidia  amazon  giants  nvidias  microsoft  tencent  meta  nvidia  chips  google  buyer  chinese  gpus  tech  ai  bought

History of this topic

Nvidia, Elon Musk's xAI to join Microsoft, BlackRock to develop AI infrastructure
2 weeks ago

Nvidia, Elon Musk's xAI to join Microsoft, BlackRock to develop AI infrastructure

The Hindu  

Nvidia and Elon Musk's xAI have joined a consortium backed by Microsoft and BlackRock to expand artificial intelligence infrastructure in the U.S., the companies said on Wednesday, as a global race to dominate the nascent technology intensifies. The group, formed last year with a goal to initially invest more than $30 billion in AI-related projects, is one of the biggest …

How Nvidia adapted its chips to stay ahead of an AI industry shift
1 month, 1 week ago

How Nvidia adapted its chips to stay ahead of an AI industry shift

Live Mint  

Nvidia faced a growing threat early last year: The artificial-intelligence world was shifting in a way that invited competition. But Nvidia was already preparing to adapt and stay at the forefront of the AI race despite the shift away from creating models and toward operating them, a process known in the industry as “inference." Inference has become a growing focus …

Nvidia doubled profits in 2024. And its outlook is rosy despite AI jitters
1 month, 1 week ago

Nvidia doubled profits in 2024. And its outlook is rosy despite AI jitters

CNN  

New York CNN — Nvidia exceeded Wall Street’s expectations as it closed out 2024, achieving stunning sales and profit growth — and much of Silicon Valley is likely breathing a sigh of relief at what the results say about the artificial intelligence industry. Expectations were heightened heading into Wednesday’s report given Nvidia’s role as a barometer of the broader tech …

Indian startups being offered last-gen, end-of-life GPUs in IndiaAI Mission: Report
1 month, 2 weeks ago

Indian startups being offered last-gen, end-of-life GPUs in IndiaAI Mission: Report

Firstpost  

NVIDIA’s official discontinuation of the A100 series and labelling them as EOL means that these GPUs will no longer receive software updates, security patches, or technical support. This has raised concerns about their long-term viability, especially for mission-critical AI applications The IndiaAI Mission, which aims to boost the country’s AI capabilities by providing affordable access to high-performance GPUs, has listed …

Amazon, Microsoft, Alphabet, and Meta to spend well over $300 billion on AI in 2025, fearing China
Trending News
1 month, 3 weeks ago

Amazon, Microsoft, Alphabet, and Meta to spend well over $300 billion on AI in 2025, fearing China

Firstpost  

Amazon, Microsoft, and Alphabet each saw sharp stock declines following their fourth-quarter earnings reports, which revealed steep increases in AI-related capital spending. Microsoft and Google’s market values dropped by $200 billion as their cloud divisions reported weaker growth Microsoft CEO Satya Nadella reaffirmed his commitment to spending $80 billion to expand Azure, emphasising the importance of capitalising on its early …

Nvidia stocks: DeepSeek AI model launch sees a trillion dollars wiped off world’s biggest tech companies’ share prices
2 months ago

Nvidia stocks: DeepSeek AI model launch sees a trillion dollars wiped off world’s biggest tech companies’ share prices

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The reveal of a new …

Nvidia Q3 Results: Stock declines even as revenue nearly doubles; guidance fails to meet expectations
4 months, 1 week ago

Nvidia Q3 Results: Stock declines even as revenue nearly doubles; guidance fails to meet expectations

Live Mint  

Nvidia Q3 Results: Nvidia delivered blockbuster third-quarter results on Wednesday, with revenue nearly doubling amid unrelenting demand for its artificial intelligence chips. The company posted revenue of $35.08 billion for the quarter ending October 27, a staggering 94 per cent increase from $18.12 billion in the same period last year. “The guidance seems to show lower growth, but this may …

The Rise of the Rent-Seekers: How Nvidia's Success is Feeding the Niche Monster
5 months ago

The Rise of the Rent-Seekers: How Nvidia's Success is Feeding the Niche Monster

Live Mint  

The article explores the hyperconcentration of the semiconductor industry, with a focus on the impact of Nvidia's dominance on the market. Despite Nvidia's significant revenue growth, the foundries and equipment-makers who design and manufacture chips are left with a much smaller share of the profits. This disparity is attributed to the hyperspecialization of the industry, which has led to a …

TikTok's parent firm ByteDance won't pay for NVIDIA's AI Chips, wants Huawei, Broadcom to develop GPUs
6 months ago

TikTok's parent firm ByteDance won't pay for NVIDIA's AI Chips, wants Huawei, Broadcom to develop GPUs

Firstpost  

ByteDance ordered over 100,000 chips this year but received fewer than 30,000 by July, slowing the company’s progress. Image Credit: Reuters ByteDance, the parent company of TikTok, is shifting its strategy in response to US trade restrictions that have made accessing advanced AI hardware, such as NVIDIA’s high-performance GPUs, increasingly difficult. With limited legal access to NVIDIA’s cutting-edge chips and …

Nvidia is Wall Street’s 2nd-most valuable company. How it keeps beating expectations, by the numbers
7 months ago

Nvidia is Wall Street’s 2nd-most valuable company. How it keeps beating expectations, by the numbers

Associated Press  

Nvidia has once again turned out quarterly results that easily exceeded Wall Street’s forecast s. The company has seen soaring demand for its semiconductors, which are used to power artificial intelligence applications. $26.3 billion Nvidia’s revenue from its data center business for the quarter ended July 31, up 154% from a year ago. $32.5 billion Nvidia’s estimate for overall revenue …

Nvidia is Wall Street's 2nd-most valuable company. How it keeps beating expectations, by the numbers
7 months ago

Nvidia is Wall Street's 2nd-most valuable company. How it keeps beating expectations, by the numbers

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

Nvidia's new AI chip delay due to design flaws to affect Amazon, Google, and Microsoft: Report
7 months, 4 weeks ago

Nvidia's new AI chip delay due to design flaws to affect Amazon, Google, and Microsoft: Report

Hindustan Times  

Nvidia Corp.’s upcoming artificial intelligence chips will be delayed because of design flaws, The Information reported, citing two unnamed sources part of the chip and server hardware production. The delay, which is estimated to be around three months or even more, could directly affect some of Nvidia's biggest customers, which includes Meta, Google, and Microsoft. Nvidia had informed Microsoft earlier …

Nvidia slumps as tech sell-off deepens
8 months ago

Nvidia slumps as tech sell-off deepens

The Telegraph  

Microsoft shares have fallen heavily as the software giant reported disappointing results that deepened investors’ fears about the artificial intelligence boom. Despite the figures being better than forecast, investors took fright at lower-than-expected sales in its cloud computing division, which is seen as the company’s key growth driver. Microsoft’s figures triggered a wider sell-off in after-hours trading with Nvidia falling …

Amazon to take on NVIDIA, is developing AI chips that are cheaper, faster than Jensen Huang's solutions
8 months, 1 week ago

Amazon to take on NVIDIA, is developing AI chips that are cheaper, faster than Jensen Huang's solutions

Firstpost  

Amazon’s drive to develop its own processors is aimed at providing more cost-effective solutions for customers who need to perform complex calculations and process large volumes of data. By producing its own chips, Amazon aims to mitigate the so-called ‘NVIDIA tax’ Amazon is developing new AI chips that are set to outperform and be cheaper than NVIDIA’s current offerings. By …

GoI to invest at least Rs 5,000 Crore on high-end NVIDIA AI GPUs and chips for IndiaAI Mission
8 months, 3 weeks ago

GoI to invest at least Rs 5,000 Crore on high-end NVIDIA AI GPUs and chips for IndiaAI Mission

Firstpost  

By investing in these GPUs, the Indian government aims to boost the computational capabilities available to startups and other enterprises involved in AI research and development The Government of India is gearing up to invest around ₹5,000 crore from the total ₹10,372 crore allocated for the India AI Mission, into GPUs, with speculations coming up that suggest a major bulk …

NVIDIA will make over $12bn from China alone by selling AI chips, despite US sanctions
8 months, 4 weeks ago

NVIDIA will make over $12bn from China alone by selling AI chips, despite US sanctions

Firstpost  

China represented about 9% of NVIDIA’s total revenues in the most recent quarter, down from 22% in the same period last year. Despite this decline, NVIDIA’s overall revenues from China and Hong Kong, still increased by more than 50% year on year to $2.5 billion Despite these challenges, NVIDIA's H20 chip, priced between $12,000 and $13,000 per unit, is set …

Intelligent bet: Can Nvidia keep up its swift rise?
9 months, 3 weeks ago

Intelligent bet: Can Nvidia keep up its swift rise?

Live Mint  

Last week, Nvidia briefly overtook Apple to become the second most-valuable company in the world at $3.01 trillion. Nvidia’s rise to the top was drastic—fuelling its sharp uptick from a mid-tier tech company to one of the biggest in the world in less than two years. At the heart of this growth is artificial intelligence —as OpenAI’s ChatGPT became popular, …

Nvidia’s profit soars, underscoring its dominance in chips for artificial intelligence
10 months, 1 week ago

Nvidia’s profit soars, underscoring its dominance in chips for artificial intelligence

Associated Press  

SAN FRANCISCO — Nvidia on Wednesday overshot Wall Street estimates as its profit skyrocketed, bolstered by the chipmaking dominance that has made the company an icon of the artificial intelligence boom. Huang predicted that the companies snapping up Nvidia chips will use them to build a new type of data centers he called “AI factories” designed to produce “a new …

Today’s Cache | Microsoft’s $2.9 billion AI investment in Japan; Intel’s Gaudi 3 AI chip to launch this year; TSMC boosts US chip production with $11.6 billion grants
11 months, 3 weeks ago

Today’s Cache | Microsoft’s $2.9 billion AI investment in Japan; Intel’s Gaudi 3 AI chip to launch this year; TSMC boosts US chip production with $11.6 billion grants

The Hindu  

Microsoft invests $2.9 Billion in Japan for AI development Microsoft plans to invest $2.9 billion in Japan over the next two years, to enhance the country’s AI capabilities and bolster cybersecurity against threats from China and Russia. While earlier versions of Intel’s Gaudi AI chips didn’t gain significant market share, the company anticipates that the new model will have a …

Why do Nvidia’s chips dominate the AI market?
1 year, 1 month ago

Why do Nvidia’s chips dominate the AI market?

Live Mint  

NO OTHER FIRM has benefited from the boom in artificial intelligence as much as Nvidia. Nvidia’s AI chips, also known as graphics processor units or “accelerators", were initially designed for video games. Happily for Nvidia, its chips have found much wider uses: cryptocurrency mining, self-driving cars and, most important, training of AI models. Its chips have kept pace with ever …

Nvidia Doubled Profits in 2024 And Its Outlook is Rosy Despite AI Jitters
1 year, 1 month ago

Nvidia Doubled Profits in 2024 And Its Outlook is Rosy Despite AI Jitters

News 18  

Nvidia Doubled Profits in 2024 And Its Outlook is Rosy Despite AI Jitters Last Updated: February 27, 2025, 12:50 IST The chipmaking giant’s shares dipped just over 1% in after-hours trading Wednesday, immediately after the company released its earnings report for the quarter ended in January and its full 2025 fiscal year. The chipmaking giant’s shares dipped just over 1% …

AI chip race: Fears grow of huge financial bubble
1 year, 1 month ago

AI chip race: Fears grow of huge financial bubble

The Hindu  

Published : Feb 22, 2024 15:43 IST - 4 MINS READ Sam Altman caused more than a stir in early February when he called for a $5 to 7 trillion global investment to produce more powerful chips for the next generation of artificial intelligence platforms. “It is an order of magnitude more than the entire chip industry has spent in …

China's internet giants order $5 billion of Nvidia chips to power AI ambitions: Report
1 year, 7 months ago

China's internet giants order $5 billion of Nvidia chips to power AI ambitions: Report

The Hindu  

China's internet giants are rushing to acquire high-performance Nvidia chips vital for building generative artificial intelligence systems, making orders worth $5 billion, the Financial Times reported on Wednesday. Nvidia offers the A800 processor in China to meet export control rules after U.S. officials asked the company to stop exporting its two top computing chips to the country for AI-related work. …

AI lesson for Microsoft and Google: Spend money to make money
1 year, 8 months ago

AI lesson for Microsoft and Google: Spend money to make money

The Hindu  

Artificial intelligence is expected to pay off big for tech giants including Microsoft and Alphabet someday. "They're buying a bunch of H100s," said Ben Bajarin, chief executive and principal analyst of Creative Strategies, referring to Nvidia's flagship chips for AI. "As far as AI is concerned, while Google may have spent upwards of $200 billion on AI investments over the …

Nvidia joins trillion dollar club on booming AI demand
1 year, 10 months ago

Nvidia joins trillion dollar club on booming AI demand

The Hindu  

Nvidia Corp. on Tuesday became the first chipmaker to hit a trillion-dollar market value, as the company bets on a surge in demand for its AI chips that power chatbot sensation ChatGPT and many other applications. The latest surge in Nvidia's shares that powered the company past the trillion-dollar mark followed its revenue forecast last week that surpassed estimates by …

The AI Boom Runs on Chips, but It Can’t Get Enough
1 year, 10 months ago

The AI Boom Runs on Chips, but It Can’t Get Enough

Live Mint  

The artificial-intelligence revolution is being likened by Google’s chief executive to humanity’s harnessing of fire. “Because there is a shortage, it’s about who you know," said Sharon Zhou, co-founder and CEO of Lamini, a startup that helps companies build AI models like chatbots. Chip costs vary, but Nvidia’s advanced AI chips are sold by some retailers for around $33,000, though …

U.S. criticises China’s Micron boycott; Nvidia announces AI launches; Lawyer in trouble over ChatGPT citations - The Hindu
1 year, 10 months ago

U.S. criticises China’s Micron boycott; Nvidia announces AI launches; Lawyer in trouble over ChatGPT citations - The Hindu

The Hindu  

U.S. criticises China’s Micron boycott U.S. Commerce Secretary Gina Raimondo has slammed the Chinese administration over its call for companies to stop buying products made by Micron Technology, the biggest memory chip maker in the U.S. Raimondo said that the U.S. would not tolerate the move and criticised what she called China’s “economic coercion.” The Commerce Secretary also stated that …

Chip giant Nvidia nears trillion-dollar status on AI bet
1 year, 10 months ago

Chip giant Nvidia nears trillion-dollar status on AI bet

The Hindu  

Nvidia Corp. surged 24% on Thursday in one of the largest one-day gains in value for a U.S. stock, after its stellar revenue forecast showed that Wall Street has yet to price in the game-changing potential of AI. Nvidia, the fifth-most valuable U.S. company, on Wednesday projected quarterly revenue more than 50% above the average Wall Street estimate and said …

Nvidia stuns markets and signals how artificial intelligence could reshape technology sector
1 year, 10 months ago

Nvidia stuns markets and signals how artificial intelligence could reshape technology sector

Associated Press  

WASHINGTON — Shares of Nvidia, already one of the world’s most valuable companies, skyrocketed Thursday after the chipmaker forecast a huge jump in revenue, signaling how vastly the broadening use of artificial intelligence could reshape the tech sector. “It looks like the new gold rush is upon us, and NVIDIA is selling all the picks and shovels,” Susquehanna Financial Group’s …

Nvidia close to being first trillion-dollar chip firm on AI use
1 year, 10 months ago

Nvidia close to being first trillion-dollar chip firm on AI use

Al Jazeera  

US company dominates market for chips used to power ChatGPT and many similar services, a key reason behind its stock surge. Nvidia Corp stock has soared about 26 percent, taking it closer to a market value of $1 trillion after the chip designer’s stellar revenue forecast showed that Wall Street has yet to price in the game-changing potential of artificial …

Explained | Why Nvidia tweaked its chip for China
1 year, 11 months ago

Explained | Why Nvidia tweaked its chip for China

The Hindu  

The story so far: GPU and AI chip giant Nvidia on March 22 announced the release of a specially designed version of its advanced H100 chip that complied with U.S. export regulations. In September, Nvidia was ordered by officials to stop exporting two high-level chips - A100 and H100 - to Chinese customers due to concerns about the technology being …

Today's Cache | A chip industry reshaping deal is under probe
3 years, 5 months ago

Today's Cache | A chip industry reshaping deal is under probe

The Hindu  

A deal that could potentially reshape the global chip industry is under probe To some, Arm might mean a part of the human body. In 2013, Japan’s Softbank bought the chip designer for $32 billion, and last September the multinational conglomerate said it has clinched a deal to sell Arm to Nvidia. That deal, one of the largest semiconductor takeovers …

Qualcomm aims to take on Nvidia, Intel with new AI chips
5 years, 11 months ago

Qualcomm aims to take on Nvidia, Intel with new AI chips

Firstpost  

Qualcomm to begin testing its new Cloud AI 100 chip with Microsoft Corp, other partners later this year. Qualcomm Inc on Tuesday unveiled a new chip for speeding up artificial intelligence work, aiming to diversify beyond its stronghold in mobile phone chips and into a fast-growing market now dominated by Nvidia Corp and Intel Corp. At an event in San …

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