Search results for Vera
Crypto
Bitcoin miners increasingly exit mining as funds flow into AI and HPC
Bitcoin mining companies are increasingly shutting down mining operations and shifting to AI and high-performance computing infrastructure businesses as mining profitability deteriorates and demand for AI data centres surges. Some listed miners have effectively stopped mining, unwound equipment contracts and sold bitcoin holdings. The shift is reflected in a fall in network hashrate. Large AI and HPC deals have drawn capital, while market valuations diverge between miners with and without such contracts.
AI & Enterprise
MSIT sets 2027 budget at 29.6 trillion won, with 9.4 trillion won for AI
South Korea’s Ministry of Science and ICT proposed a 2027 budget of 29.6 trillion won, up 24.5 percent from this year’s supplementary budget. AI spending would rise 84.3 percent to 9.4 trillion won, while R&D funding would increase 18.5 percent to 14.1 trillion won. The ministry plans investments in semiconductors, physical AI and AI data centres, expansion of GPU capacity for independent AI models, AI services and inclusion programmes, and funding for advanced technologies including quantum, biotech and space.
AI & Enterprise
Nvidia targets AI data centre war beyond GPU fight
Nvidia\'s AI edge is expanding beyond the performance and supply of its GPUs to system capabilities that coordinate entire data centres, an assessment says. As AI computing scales to gigawatt levels, efficiently linking memory, storage, networks and data flows is becoming critical to performance and cost. The shift is reflected in Nvidia’s strategy to build integrated data centre systems, including its next-generation Vera Rubin architecture combining GPUs, CPUs, accelerators, storage and networking racks.
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AI & Enterprise
Nvidia, Salesforce strong results shake tech stock bear case
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AI & Enterprise
Amazon to buy an additional 2 million Nvidia GPUs for AWS data centers
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Industry
Nvidia Q2 net profit $59.7 billion, up 126 percent year on year
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AI & Enterprise
LG CNS partners with Naver Cloud to implement liquid cooling at Samsong data centre
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AI & Enterprise
Nvidia extends seven-session slide as hyperscaler reliance comes into focus ahead of results
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AI & Enterprise
Cisco, Nvidia add Supermicro servers to Secure AI Factory
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AI & Enterprise
Nvidia begins mass production of Groq 3 LPX for AI agents
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AI & Enterprise
SpaceXAI to adopt Nvidia \'Vera\' CPU at scale, build orbital AI system by 2027
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Industry
Nvidia unveils four new products ahead of earnings, focusing on token generation speed
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AI & Enterprise
Bank of America keeps buy rating and $350 target for Nvidia, says AI dominance intact
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Industry
AI factory build in Korea leaves server, cooling supply chain tied to Taiwan
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Industry
LG to use Nvidia AI for humanoid, to unveil bipedal robot in 2027 Q1
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AI & Enterprise
Nvidia considers cutting memory on Rubin Ultra GPU amid HBM shortage
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AI & Enterprise
Elice Group to build modular AI data center based on Nvidia B300
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AI & Enterprise
Sutskever\'s SSI signs long-term partnership with Nvidia, expands research with Vera Rubin