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The Latest Breaking News from Nvidia

AI models that cost $1 billion to train are underway, $100 billion models coming — largest current models take 'only' $100 million to train: Anthropic CEO

Anthropic CEO Dario Amodei says AI model training costs could jump to $100 billion as early as next year.

Tom’s Hardware

Nvidia will win the race to a $4 trillion market cap—but the long-term big tech battle might be different, experts say

“I think, a year from now, we [will] have three $4 trillion market cap companies: Nvidia, Apple, Microsoft,” Wedbush tech analyst Dan Ives told Fortune.

Fortune

S&P 500 investors vs. actively managed funds: 2024 is an even better year for buying and holding the index

According to data from Morningstar Direct, just 18.2% of actively managed funds whose primary prospectus benchmark is the S&P 500 are outperforming the index in the first half of this year.

Fortune

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Lenovo Legion 7i Gen 9 review: A stunning display that keeps you just under $2,000

The Lenovo Legion 7i Gen 9 shows up with a classy 16-inch display powered by strong-performing components but takes a hit in battery life and audio.

Laptop

Scam Nvidia RTX 4090 uses a relabeled RTX 3080 Ti GPU, counterfeit memory chips — repair shop exposes new swindle that's impossible to spot at checkout

A GA102 card disguised as a AD102 with faulty memory is sold as normal GeForce RTX 4090.

Tom’s Hardware

ASRock preps AMD GPUs for AI inference and multi-GPU systems — Creator series GPUs with dual-slot, blower-type design and 16-pin power connectors

ASRock's Creator series comprises Radeon RX 7900 XTX and 7900 XT WS, which have a dual-slot, single-blower-type design and 16-pin power connectors.

Tom’s Hardware

Insider says Nvidia almost sold itself to AMD, but Jensen Huang wanted to be CEO of the merged company

A fresh account of AMD's failed attempt to merge with Nvidia offers insights not only into the GPU war, but also AMD's rise, fall, and rise again as a CPU and GPU manufacturer.

Tom’s Hardware

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Elon Musk's liquid-cooled 'Gigafactory' AI data centers get a plug from Supermicro CEO — Tesla and xAI's new supercomputers will have 350,000 Nvidia GPUs, both will be online within months

Elon Musk and Charles Liang of Supermicro are teaming up to make Elon's Tesla and X supercomputers greener machines. Supermicro's DLC liquid cooling is supposed to help heavily reduce the power draw of the AI-heavy Tesla Gigafactory and xAI supercomputers.

Tom’s Hardware

ICYMI: the week's 7 biggest tech stories from a DJI e-bike to Nothing phone announcement

ICYMI here are the biggest tech news stories from Samsung, Nothing, Meta, DJI, and more for July 6, 2024

TechRadar

Dow Jones Futures: Stock Market Risks Rise As Fed Chief Powell Looms; Tesla, Palantir Strong

The stock market faces rising risks even as Tesla soared and Palantir broke out. Fed chief Jerome Powell looms this week.

Investors Business Daily

AI industry needs to earn $600 billion per year to pay for massive hardware spend — fears of an AI bubble intensify in wake of Sequoia report

As AI companies increase their investments in infrastructure, their revenues are not growing that fast, financial analysts note, implying that AI could become a bubble.

Tom’s Hardware

Stock Market Today: S&P 500 and Nasdaq Hit Records as Jobs Growth Slows

An uptick in the unemployment rate amid a cooling labor market could accelerate the Fed's rate-cut timeline.

Kiplinger

5 Large-Cap Semiconductor Stocks That Outperformed Nvidia in June

Outperforming Nvidia is quite a feat, especially for its rival large-cap semi stocks.

Barchart

AMD Radeon RX 7800 XT review: “4K prowess without dipping into dangerously expensive, high-end territory”

The Radeon RX 7800 XT may not be the successor to the 6800 XT that a lot of folks were hoping for, but for under $500, this is one of the best-value graphics cards going.

GamesRadar

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TechRadar

'Transformers would take over the world': Little-known AI startup bet on ASICs — and claims it can trounce Nvidia's flagship GPU, the B200, by almost 10 times

AI startup Etched bet big on transformers and claims its Sohu chip is faster than Nvidia's B200 GPU.

Tom’s Hardware

Nvidia to make $12 billion selling AI GPUs to China — firm to sell over one million sanctions-compliant HGX H20 in 2024

According to experts, Nvidia's HGX H20 and other processors outperform Huawei's Ascend 910 series and can be shipped without a license to China.

PC Gamer

ASUS ROG NUC 970 review

1440p power in a tight and compact package, but at what cost?

International Business Times

Is AI A Major Drain On The World's Energy Supply?

When Google announced this week that its climate emissions had risen by 48 percent since 2019, it pointed the finger at artificial intelligence.

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Investors Business Daily

Nasdaq, S&P 500 Set Trend For Highs; Nasdaq Leads For Day And Week (Live Coverage)

Tech stocks outperformed in the stock market today with Palantir Technologies showing strength. Magnificent Seven stock Apple reached a high.

Tom’s Hardware

Huawei says China's AI progress will not be stopped by US sanctions on GPUs and chipmaking tech

A high-ranking Huawei executive asserts that the lack of Nvidia GPUs and limited access to advanced process technologies will not stop China's AI progress.

Investors Business Daily

Dow Jones Falls On Jobs Report; Tesla Stock Reverses Lower

Stock Market Today: The Dow Jones dropped Friday on the June jobs report. Tesla stock reversed lower after giving up solid gains.

TechRadar

Battlemage GPUs sighted: Intel could have a pair of next-gen graphics cards to shake up the budget market

Hopes of a powerful Battlemage GPU are evaporating, but we could get something better – two peppy budget graphics cards.

International Business Times UK

Jeff Bezos To Sell Amazon Shares for The Second Time This Year as Stock Price Surges to Record Levels

Jeff Bezos plans to sell a portion of his stake in Amazon for the second time this year as the e-commerce giant's stock price surpassed record levels to peak at $200.20 this week.

Investors Business Daily

Best Mutual Fund Hits Home Runs In Addition To Nvidia

Delaware Ivy Global Growth Fund isn't about betting on one country. It's not about going all-in on a trend like AI for the best mutual fund.

Investors Business Daily

Stock Market Enjoys AI-Powered Rally. Can It Continue?

Artificial intelligence continues to inflate the stock market. Just ask ChatGPT.

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