Nvidia

Nvidia overtakes Apple as its market capitalization surpasses $3 trillion

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Unlock Editor’s Roundup for free Roula Khalaf, editor of the FT, picks her favorite stories in this weekly newsletter. Nvidia’s market value soared past $3 trillion to overtake Apple on Wednesday as the world’s second most valuable company, after a year of incredible growth fueled by demand for its artificial intelligence chips. Shares in the … Read more

As an upstart, Nvidia is using its connections to challenge the cloud computing giants

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A new challenger to cloud computing giants Amazon and Microsoft is using its alliance with Nvidia to turn artificial intelligence chips into a “new asset class” and raise billions of dollars. New Jersey-based CoreWeave, which was founded in 2017 by former energy traders as a cryptocurrency miner, has raised $8.6 billion in debt and equity … Read more

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