Auto Added by WPeMatico
London-based startup, which is vital to the government’s artificial intelligence ambitions, is now valued at $14.6bnBusiness live – latest updatesNscale, a UK company vital to the government’s AI ambitions, has raised $2bn (£1.5bn) in a funding round and appointed the former Meta executives Sheryl Sandberg and Nick Clegg to its board of directors.It brings the
Oxford-based firm has raised $103m for commercial development of software for self-driving industrial vehiclesNvidia is investing in the British autonomous driving startup Oxa, alongside backing from the UK’s National Wealth Fund, in a boost to the country’s technology sector.The Oxford-based company, which has developed software for self-driving industrial vehicles, said it had raised $103m (£77m)
Nvidia and UK Wealth Fund invest in British autonomous driving startup Oxa Read More »
Institutional Equity Research Report Date of Report: February 26, 2026 Analyst: Lead Equity Research Analyst Rating: BUY | Price Target: $265 | Current Price: ~$196 | Implied Upside: ~35% Data sourced from: NVIDIA Q4 FY2026 Earnings Release (Feb. 25, 2026), Q4 FY2026 Earnings Call Transcript (Motley Fool / Investing.com, Feb. 25, 2026), Yahoo Finance market…
Chipmaker’s quarterly earnings surpassed Wall Street’s expectations every quarter for multiple years nowNvidia released its quarterly earnings on Wednesday, with the chipmaker revealing higher than expected revenues that buoyed its stock in after-hours trading, extending its yearslong streak of surpassing Wall Street’s sky-high expectations.The company receives the vast majority of its revenue from its data
Chip manufacturer to invest in return for stock after previous ‘circular’ $100bn deal dissolved earlier this monthNvidia, the world’s most valuable company, is reportedly planning to invest $30bn (£22bn) in OpenAI’s next funding round, after a $100bn deal between the two dissolved earlier this month.The maker of ChatGPT is expected to be valued at $730bn
Nvidia reportedly plans to invest $30bn in OpenAI’s next funding round Read More »
On Thursday, OpenAI released its first production AI model to run on non-Nvidia hardware, deploying the new GPT-5.3-Codex-Spark coding model on chips from Cerebras. The model delivers code at more than 1,000 tokens (chunks of data) per second, which is reported to be roughly 15 times faster than its predecessor. To compare, Anthropic’s Claude Opus
OpenAI sidesteps Nvidia with unusually fast coding model on plate-sized chips Read More »
Apparent collapse of Nvidia–OpenAI tie-up raises questions about circular funding and who will bear the cost of AI’s expansionDid the circular AI economy just wobble? Last week it was reported that a much-discussed $100bn deal – announced last September – between Nvidia and OpenAI might not be happening at all.This was a circular arrangement through
What does the disappearance of a $100bn deal mean for the AI economy? Read More »
Weather service research finds less accurate probability-based predictions are still considered helpfulThe Met Office is to lean into one of Britain’s favourite pastimes – talking about the weather – by launching a new two-week forecast.At present, the publicly funded weather and climate service offers a seven-day forecast on its website and app with an hourly
‘Innovating weather science’: Met Office launches new two-week forecast Read More »
On Wednesday, China approved imports of Nvidia’s H200 artificial intelligence chips for three of its largest technology companies, Reuters reported. ByteDance, Alibaba, and Tencent received approval to purchase more than 400,000 H200 chips in total, marking a shift in Beijing’s stance after weeks of holding up shipments despite US export clearance. The move follows Beijing’s
Report: China approves import of high-end Nvidia AI chips after weeks of uncertainty Read More »
Beijing’s AI policy is focused on real-life applications but Chinese companies are beginning to articulate their own grand visionsStanding on stage in the eastern China tech hub of Hangzhou, Alibaba’s normally media-shy CEO made an attention-grabbing announcement. “The world today is witnessing the dawn of an AI-driven intelligent revolution,” Eddie Wu told a developer conference
China lags behind US at AI frontier but could quickly catch up, say experts Read More »
