TikTok Partners with Oracle and Walmart to Secure US Operations Amid National Security Concerns
TikTok partners with Oracle & Walmart to secure US operations amid national security concerns, addressing data access fears.
TikTok partners with Oracle & Walmart to secure US operations amid national security concerns, addressing data access fears.
US government’s Nvidia stock investment yields $4.4B overnight profit. AI boom fuels massive return, impacting future tech investment
Nvidia & Intel secure $14B in US govt funding for AI infrastructure. The partnership will develop custom chips, boosting US AI leadership.
Nvidia’s $5 billion investment in Intel stock sent INTC shares soaring 23-30%, reaching approximately $30.57. This strategic move, coupled with a new partnership to develop NVLink-enabled CPUs for AI, signifies a significant shift in the tech landscape. The collaboration aims to bolster Intel’s competitiveness in the AI race, addressing its current manufacturing struggles and lagging position. The US government’s stake in Intel also saw a substantial increase in value, rising from $8.9 billion to approximately $14 billion following the surge. This unexpected alliance between two industry giants is reshaping the future of AI hardware and data center infrastructure.
US government’s Intel stock investment jumps from $8.9B to $14B after Nvidia’s AI boom. A major win for US economic strategy and tech
US government’s Nvidia stock investment yields $4.4B overnight profit, highlighting the potential of strategic tech investments. AI boom
Nvidia & Intel secure $14B in US govt funding for AI infrastructure. Partnership to develop custom chips boosts domestic AI & creates jobs.