Meta strikes AMD chip deal as AI spend continues to boom Tech Meta has agreed a multiyear deal to buy up to six gigawatts of AI computing power from AMD, in an agreement valued at more than $100bn (£74.5bn) that could see the social media group take a stake of up to 10 per cent in the US chip giant. The companies said on Tuesday that Meta [...]
Meta signs Nvidia deal as AI infrastructure bill soars Tech Meta has announced a a multi-year partnership with Nvidia to expand its artificial intelligence (AI) infrastructure, as it continues to commit billions to data centres. The deal will grant the Facebook owner access to the chip giant’s latest processor, and covers deployments across Meta’s various branches. It will see the social media group roll out [...]
Tiktok parent Bytedance joins race to build in-house AI chips Tech China’s Bytedance is stepping up its own silicon push with plans to produce at least 100,000 AI chips this year. The move comes as tech giants scramble to cut their reliance on market leader Nvidia, and lock in scarce computing power. The Tiktok creator is reportedly in talks with Samsung Electronics to manufacture the processor, [...]
Nvidia pitches ‘thinking’ cars as UK EV sales soar January 6, 2026 Nvidia is betting that smarter software will drive the next phase of electric vehicle (EV) adoption, unveiling what its boss dubbed as the ‘ChatGPT moment’ for self-driving cars as UK EV sales hit record highs. Speaking at the yearly Consumer Electronics Show (CES) in Las Vegas, tech titan and Nvidia chief executive Jensen Huang revealed [...]
Nvidia: UK staff get £45m as shares rocket November 20, 2025 Staff at the UK-headquartered arm of Nvidia received a boost of almost £45m thanks to a generous share save scheme which has since been significantly upgraded. Since 2012, the US chipmaker has allowed its employees to have up to 15 per cent of their earnings withheld to buy shares in the company at a 85 [...]
Nvidia smashes expectations as AI demand ‘shows no signs of slowing’ November 19, 2025 Nvidia shares jumped by over four per cent in after-hours trading, after the chipmaker delivered another blockbuster set of quarterly results. The tech behemoth comfortably beat Wall Street forecasts that reinforced the strength of the global AI boom. For the three months to 26 October, Nvidia reported earnings of $1.30 (£1.04) per share, ahead of expectations [...]
Nokia shares up 20% as Nvidia takes $1bn stake October 28, 2025 Nokia shares soared as much as 20 per cent on Tuesday after announcing that Nvidia will take a $1bn equity stake in the Finnish telecoms group and partner on developing next-generation 6G and AI. The deal will see Nvidia purchase more than 166 million new Nokia shares at $6.01 each, giving the American chipmaker a [...]
Open AI and AMD challenge Nvidia with multibillion chip deal October 6, 2025 OpenAI has announced a multi-billion dollar deal with chip giant AMD to build large scale AI data centres – one of the most direct challenges to Nvidia’s dominance in the AI market to date. Under the partnership, OpenAI will buy six gigawatts of AMD’s next generation processors, starting with the MI450 chip launching in 2026. [...]
Nvidia boss hails UK as “AI leader” amid fears of US reliance September 17, 2025 While investment numbers and GPU deals have made headlines, Jensen Huang’s recent comments on his £11bn UK investment reveal a far more ambitious vision than just building data centres. Beyond the chips and infrastructure, the Nvidia chief has framed AI as the ultimate economic tool to fight inflation and boost national productivity, a message that [...]
Nvidia’s new chip aims to soften tariff blow ahead of key earnings May 26, 2025 Nvidia is moving quickly to protect its position in China with the launch of a new AI chip – a stripped down, cheaper product aimed at dodging tightening US export restrictions and softening the blow of escalating trade tensions. Set to begin mass production as early as next month, the chip will be based on [...]