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Nvidia leaped back into the vaunted $3 trillion club on Tuesday as its stock shot up following the announcement of a major sale to a state-backed Saudi Arabian AI company.
Nvidia Corp. surpassed a $3 trillion market capitalization for the first time since February on Tuesday, as investors anticipate a boost from a U.S. chip deal with Saudi Arabia.
Microsoft says it is laying off nearly 3% of its entire workforce. The tech giant didn’t disclose the total amount of lost ...
It’s a sharp reversal from the past few months, when the S&P 500 was down as much as 17% as investors fretted over the ...
Elon Musk was in Saudi Arabia where he predicted tens of billions of humanoid bots. Saudi Arabia and Elon Musk are verbally discussing having Tesla robotaxi ...
Amazon says it'll work with Humain, the AI company recently launched by Saudi Arabia’s ruler, to invest '$5 billion-plus' in ...
Sales data from China showed Tesla's April sales declined almost 9% year over year in the world's largest electric vehicle (EV) market. Things haven't started to improve, either, as the company's ...
Humain and Nvidia have signed a deal for a 500-megawatt AI data center in Saudi Arabia. The deal was announced during the ...
Multiple U.S. and Saudi companies will come together under a joint economic partnership to support artificial intelligence ...
In a geopolitical chess game with billions at stake, Saudi Arabia, the U.S. and Nvidia all have something to gain.
The United States does not hold a monopoly on technological breakthroughs. As it sought to contain China’s advances in ...
The White House said Saudi Arabia would buy nearly $142 billion in weapons and that a Saudi company will invest $20 billion in AI-related sites in the U.S.
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