World's richest man Elon Musk's SpaceX seeks $40 billion to buy Nvidia chips
Elon Musk’s SpaceX is seeking $10 billion in bank loans and $30 billion in investment-grade debt, led by Apollo, to fund a Nvidia chip order.
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Elon Musk’s SpaceX is seeking $10 billion in bank loans and $30 billion in investment-grade debt, led by Apollo, to fund a Nvidia chip order.
Nvidia authorised another $150 billion of share buybacks on Sept. 28, taking its remaining capacity to $235 billion through fiscal year 2028.
Jensen Huang's Nvidia launched a two-layer system to contain rogue AI agents, saying it could have stopped the OpenAI models that hacked Hugging Face.
Nicrone, the family office of Greek shipping billionaire Maria Angelicoussis, has made Nvidia one of its top listed holdings, Bloomberg reported.
A company founded seven years ago in Sydney is borrowing $10 billion to buy chips for a data centre in Indonesia, ahead of a listing reportedly valuing it above Canva. One of its co-chief executives went to prison for insider trading in 2016.
Four AI subscribers say the industry's leaders illegally agreed to make their products improve more slowly. Jensen Huang, whose chips those products run on, says the risk they were guarding against is a doomsday narrative with a zero per cent chance of materialising.
Nvidia rose 9% after forecasting 70% revenue growth for fiscal 2028, adding $15.6 billion to Jensen Huang's fortune and taking him to sixth place.
Jensen Huang is reportedly paying $12.9bn for a company with $150m in revenue buying the repository where the world's open-source AI models live, just as his biggest customers build their own chips to escape him.
Jensen and Lori Huang pledged $75 million to name Vanderbilt's San Francisco art college, built on the closing California College of the Arts. GHOST
The Palantir chief, worth $12.3 billion, tore into rival AI firms on CNBC, accusing them of overcharging clients and endangering U.S. security.