Nvidia

Nvidia Marks Paris Tech Fair with Europe AI Push

Drawing high-powered tech CEOs and a presidential visit, the Vivatech trade fair opened in Paris on Wednesday with a bang as Nvidia boss Jensen Huang announced a major push into Europe. “In just two years, we will increase the amount of AI computing capacity in Europe by a factor of 10,” Huang told a packed hall in a southern Paris convention ...

Nvidia Loses $500 bn in Value as Chinese AI Firm Jolts Tech Shares

US chip-maker Nvidia led a rout in tech stocks Monday after the emergence of a low-cost Chinese generative AI model that could threaten US dominance in the fast-growing industry. The chatbot developed by DeepSeek, a startup based in the eastern Chinese city of Hangzhou, has apparently shown the ability to match the capacity of US AI pace-setters ...