
Author of "Musk's xAI Reportedly Raising $10 Billion at $200 Billion Valuation" in CNBC
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Kif Leswing as author
Marvell is acquiring optical interconnect startup Celestial AI for $3.25-$5.5 billion to strengthen its AI chip connectivity offerings as data center companies build massive infrastructure for large language models.
“Author of "Tech Marvell to Acquire Celestial AI for as Much as $5.5 Billion" in cnbc.com”
Nvidia claims its GPU technology remains a generation ahead of competitors like Google's TPU chips, which are specialized for single-company use while Nvidia's Blackwell chips offer greater flexibility and can run any AI model.
“Author of "Nvidia Says Its GPUs Are a 'Generation Ahead' of Google's AI Chips" in CNBC”
Nvidia and Arm announced NVLink Fusion technology integration enabling custom Arm-based CPUs from hyperscalers to seamlessly pair with Nvidia GPUs, exemplifying Nvidia's strategy to partner with major tech companies rather than force proprietary CPU adoption.
“Author of "Arm Custom Chips Get a Boost with Nvidia Partnership" in CNBC”
Elon Musk's xAI is reportedly raising $10 billion at a $200 billion valuation, continuing the trend of skyrocketing valuations for foundational AI model companies.
“Author of "Musk's xAI Reportedly Raising $10 Billion at $200 Billion Valuation" in CNBC”
Tim Cook confirmed Apple is significantly increasing AI investments and is 'very open' to acquisitions of any size to accelerate its AI roadmap, though the company's capex spending remains substantially lower than Google, Meta, and Microsoft.
“Author of "Facing Questions on AI Strategy, Tim Cook Says Apple Is 'Very Open' to Acquisitions" in CNBC”