Organisation · company · US

NVIDIA

The chip designer whose GPUs became the default hardware for training and running large AI models, making it the biggest financial beneficiary of the boom.

78 entries · September 2020 – September 2026

Nvidia is the American chip designer, founded in 1993, whose graphics processors became the essential hardware for training and running large AI models — a position that turned it into the biggest financial beneficiary of the AI boom. Demand for its accelerators drove it in 2025 to become the first company worth $4tn and then $5tn, making it by a wide margin the most valuable listed company in the world. Its business sits at the centre of two live disputes: US restrictions on selling advanced chips to China, which have repeatedly forced it to write down sales, and a debate over whether the sector's spending reflects genuine end-user demand or capital circulating among a few interdependent firms — a concern sharpened by Nvidia's own multi-billion-dollar investments in customers such as OpenAI. Its stock has also proved sensitive to that story, losing a record amount of market value in a single day in early 2025 after the Chinese model DeepSeek suggested frontier AI might be built more cheaply.

Category
Compute, chips & infrastructure
Founded
1993
HQ
Santa Clara, US
Funding
Publicly listed (Nasdaq: NVDA); first company to reach a $5tn market value (2025)
Key people
Jensen Huang

Appears alongside

Featured in threads

Tracks

  • Compute & infrastructure 53
  • Money & business 47
  • Government & policy 17
  • Models & capabilities 8
  • Open weights & ecosystem 5
  • Labs & people 5
  • Safety & alignment 4
  • Benchmarks & progress 1
  • Security & misuse 1
  • Culture & impact 1

  1. Jensen Huang rejects calls to regulate the pace of AI

    Nvidia's chief executive told Ezra Klein that labs unsure they can align their models should not ship them, and that if experiments cannot be contained, 'we have to shut the labs down'.

    OpenAI, Hugging FaceGovernment & policy · Safety & alignment

  2. Nscale files for a US IPO reliant on Microsoft and Anthropic

    Two customers, Microsoft and Anthropic, account for roughly 85% of the British cloud provider's contracted backlog; its first-half revenue was a fraction of its net loss.

    Nscale, MicrosoftCompute & infrastructure · Money & business

  3. Epoch AI finds trade data consistent with chip smuggling via Malaysia

    China recorded $3.8bn of server imports from Malaysia against $0.6bn Malaysia reported exporting, with China valuing each machine roughly sixfold higher than Malaysia did.

    Epoch AI, Chinese GovernmentCompute & infrastructure · Government & policy

  4. King Charles hosts an AI summit and warns of losing control

    Addressing Jensen Huang, Demis Hassabis and others at Dumfries House, the King asked for AI 'with safety at its heart' and means of control 'before it is all too late'.

    UK Government, Google DeepMindGovernment & policy · Safety & alignment

  5. Google, Nvidia and Emerald AI launch an energy alliance

    The coalition, whose roughly 18 members include Anthropic and utilities National Grid and RWE, said flexible power use could unlock up to 100GW of grid capacity — its own estimate, not independently verified.

    Google DeepMind, AnthropicCompute & infrastructure

  6. Figure signs a $3.5bn compute deal with Nscale

    Cloud provider Nscale is also taking an equity stake in Figure, and up to 100,000 Nvidia Vera Rubin GPUs are earmarked for training Figure's Helix robot models.

    Figure AICompute & infrastructure · Money & business

  7. Nvidia agrees to acquire Hugging Face for $12.93bn

    Nvidia's second-largest acquisition brings the main open-model hub — 3 million models, 18 million developers — under a chipmaker; Nvidia pledged the platform will stay open and not require its compute.

    Hugging FaceMoney & business · Open weights & ecosystem · Compute & infrastructure

  8. Google DeepMind pilots double-blind evaluations of a frontier AI model

    Gemini Flash Lite ran inside an Nvidia confidential-computing enclave so Google never saw the test questions and evaluators never saw the model's weights.

    Google DeepMindBenchmarks & progress · Safety & alignment

  9. AWS and NVIDIA to add 2 million GPUs for agentic and physical AI

    The deal, which discloses no dollar value, earmarks 100,000 of the new Blackwell Ultra and Rubin GPUs for US government workloads classified at Impact Level 6 or above.

    AmazonCompute & infrastructure · Money & business

  10. Chip startup says an AI system designed and verified a chip in two weeks

    Architect Labs, a Palo Alto startup, reported figures against Nvidia's Jetson Orin Nano that have not been independently verified; the design was deployed on an FPGA, not fabricated silicon.

    Compute & infrastructure · Models & capabilities

  11. NVIDIA reports record fiscal Q2 2027 results

    Data-centre revenue reached $89bn, up 117% year-on-year, and the company gave its first-ever year-ahead guidance: 70% revenue growth in fiscal 2028.

    Compute & infrastructure · Money & business

  12. First Nvidia H200 shipments reach China

    ByteDance and Tencent each received about 10,000 chips, roughly 13% of the ceiling their US licences allowed, with Beijing reportedly requiring most of the rest to stay in Hong Kong.

    ByteDance, TencentCompute & infrastructure · Government & policy

  13. SK hynix approves a $28.6bn share buyback

    The 40tn won buyback is the largest share cancellation by a South Korean listed firm, funded by cash from surging AI-memory demand; shares rose as much as 12%.

    SK hynixCompute & infrastructure · Money & business

  14. Groq raises $350m and pivots from chips to an AI cloud business

    The $3.5bn valuation is roughly half Groq's September 2025 peak; the company now runs Nvidia GPUs across 13 data centres rather than its own chips.

    GroqMoney & business · Compute & infrastructure

  15. OpenAI signs 20-year lease for an 8GW Ohio data centre

    SB Energy will build and own the Pike County site; Nvidia is investing $1.5bn directly and providing credit support reporting has put as high as $105bn.

    OpenAI, SoftBankCompute & infrastructure · Money & business

  16. Wall Street Journal analysis finds $3 trillion in off-balance-sheet AI commitments

    The total is about five times the roughly $600bn the same nine companies reported in capital expenditure over the trailing twelve months, the Journal found.

    Amazon, Meta AIMoney & business · Compute & infrastructure

  17. NVIDIA and six Wall Street firms target $500bn in AI-infrastructure financing

    The deals are non-binding memoranda of understanding, not committed capital, and NVIDIA itself is contributing none of the money.

    Compute & infrastructure · Money & business

  18. SSI and Nvidia announce long-term strategic partnership

    Nvidia invests roughly $5bn in Safe Superintelligence and grants access to its next-generation Vera Rubin platform, SSI's first major public update since 2024.

    Safe SuperintelligenceMoney & business · Compute & infrastructure

  19. Much of the US AI industry signs a letter defending open-weight models

    Organised by Nvidia and promoted in Jensen Huang's first post on X, it drew about 200 signatories within a week; Anthropic pointedly declined.

    Hugging Face, Meta AIGovernment & policy · Open weights & ecosystem

  20. US Commerce Department closes Nvidia Blackwell export-control loophole

    Chinese firms had bought Blackwell and Rubin chips through subsidiaries in Malaysia, Singapore and the UAE; the new guidance does not require existing installed servers to be shut down.

    US Government, Chinese GovernmentCompute & infrastructure · Government & policy

  21. NVIDIA reports record fiscal Q1 2027 results

    Data-centre revenue reached $75.2bn, up 92% year-on-year, and the company guided to $91bn for the following quarter while authorising an $80bn share buyback.

    Compute & infrastructure · Money & business

  22. Anthropic launches Project Glasswing and Claude Mythos Preview

    Twelve launch partners including AWS, Apple, Cisco, Microsoft, NVIDIA and the Linux Foundation got gated access; Anthropic committed $100m in usage credits and $4m to open-source security groups.

    Anthropic, AmazonSecurity & misuse · Safety & alignment · Models & capabilities

  23. OpenAI closes record $122 billion funding round at $852 billion valuation

    SoftBank and Andreessen Horowitz co-led the round, which included roughly $3 billion from individual investors via bank channels, superseding the $730bn figure from five weeks earlier.

    OpenAI, AmazonMoney & business

  24. Yann LeCun launches AMI Labs to build JEPA-based world models

    The $1.03 billion seed round, at a $3.5 billion pre-money valuation, was co-led by Cathay Innovation, Greycroft, Hiro Capital and HV Capital, with Jeff Bezos, Nvidia and Temasek among the backers.

    Labs & people · Models & capabilities

  25. OpenAI secures $110 billion funding round from Amazon, Nvidia and SoftBank

    Amazon's $50bn split into $15bn upfront and $35bn tied to future milestones, paired with a deal making AWS the exclusive third-party cloud provider for OpenAI Frontier.

    OpenAI, AmazonMoney & business · Compute & infrastructure

  26. Nvidia reports record $68.1 billion quarterly revenue

    Guidance of $78 billion for the next quarter excluded any China data-centre revenue, even after Nvidia won a limited licence to ship H200 chips there.

    Chinese GovernmentCompute & infrastructure · Money & business · Government & policy

  27. Nvidia invests $2bn in CoreWeave, plans over 5GW of AI factories by 2030

    Nvidia bought $2bn of CoreWeave stock at $87.20 a share and the two companies said they would use Nvidia's balance sheet to speed procurement of land and power.

    CoreWeaveCompute & infrastructure · Money & business

  28. US Commerce Department codifies H200-to-China export rule

    Exports were capped at half of each company's cumulative US chip sales and subject to a 25% fee, a level analysts estimated could allow roughly 850,000 H200-equivalent chips into China.

    US Government, Chinese GovernmentCompute & infrastructure · Government & policy

  29. xAI raises $20 billion Series E at $230 billion valuation

    The round came in above an earlier reported $15 billion target; Tesla's board later approved committing roughly $2 billion to it despite a shareholder vote on xAI funding narrowly failing in November.

    xAIMoney & business

  30. xAI confirms Grok 5 training on Colossus 2, targets 6T-parameter MoE model

    xAI disclosed the training alongside its $20 billion Series E raise; reports described xAI training two Grok 5 variants in parallel, at 6 trillion and 10 trillion parameters.

    xAIModels & capabilities · Compute & infrastructure

  31. xAI expands Colossus 2 toward 2-gigawatt capacity

    The third building, reportedly nicknamed 'Macrohardrr' and sited in Southaven, Mississippi, targets roughly 555,000 Nvidia GB200 and GB300 chips.

    xAICompute & infrastructure

  32. Trump administration approves Nvidia H200 chip exports to China

    The 25% government cut was up from a 15% arrangement applied earlier to H20 sales; Nvidia's newer Blackwell chips remained excluded, and Democratic lawmakers demanded disclosure of the licensing review.

    US Government, Chinese GovernmentCompute & infrastructure · Government & policy

  33. The AI bubble argument goes mainstream

    Michael Burry's public wager against AI infrastructure spending and a record $61 billion of data-centre dealmaking pushed 'circular deals' and depreciation accounting into mainstream financial coverage.

    OpenAI, MicrosoftMoney & business · Compute & infrastructure

  34. Nvidia reports record $57bn quarterly revenue in Q3 FY2026

    Data-centre revenue reached $51.2bn, up 66% year on year, as Huang said 'cloud GPUs are sold out' even as investors questioned AI spending's sustainability.

    Compute & infrastructure · Money & business

  35. Nvidia says no assurance $100bn OpenAI deal will be finalised

    Two months after the September letter of intent, Nvidia's quarterly filing said the two companies had yet to sign a definitive agreement.

    OpenAICompute & infrastructure · Money & business

  36. Microsoft and Nvidia to invest up to $15bn combined in Anthropic; Anthropic commits $30bn to Azure

    The deal added Azure as a third cloud for Claude alongside AWS and Google Cloud, with Anthropic committing to buy up to a gigawatt of Nvidia Grace Blackwell and Vera Rubin compute.

    Anthropic, MicrosoftCompute & infrastructure · Money & business

  37. Michael Burry discloses large short positions against Nvidia and Palantir

    Scion Asset Management's 13F showed put options on 5 million Palantir shares and 1 million Nvidia shares, worth $912m and $187m in notional terms.

    Money & business

  38. NVIDIA becomes first company to reach $5 trillion market cap

    The close came three months after NVIDIA passed $4 trillion, following Huang's forecast of $500 billion in AI chip sales and Trump's comments ahead of a meeting on China exports.

    Compute & infrastructure · Money & business

  39. NVIDIA signs a letter of intent to invest up to $100 billion in OpenAI

    Tied to ten gigawatts of deployment starting in late 2026, with OpenAI paying Nvidia in cash for chips while Nvidia takes a non-controlling equity stake.

    OpenAIMoney & business · Compute & infrastructure

  40. Nvidia agrees to invest $5bn in Intel and co-develop AI/PC chips

    Intel will design custom x86 CPUs for Nvidia's data-centre platforms and build PC chips combining its own silicon with Nvidia RTX GPU chiplets, linked by Nvidia's NVLink.

    Compute & infrastructure · Money & business

  41. Figure AI raises over $1B Series C at $39B valuation

    Parkway Venture Capital led the round, with Brookfield, Nvidia, Salesforce, T-Mobile and Qualcomm among the participants funding humanoid-robot production and data collection.

    Figure AIMoney & business

  42. Nvidia and AMD agree to pay US government 15% of China chip revenue for export licences

    The arrangement covered Nvidia's H20 and AMD's MI308 chips and followed a White House meeting between Jensen Huang and Donald Trump days earlier.

    AMD, US GovernmentCompute & infrastructure · Government & policy

  43. Cohere raises $500M Series D at $6.8B valuation

    The round, co-led by Radical Ventures and Inovia Capital, came with Joelle Pineau, formerly Meta's VP of AI research, joining as chief AI officer.

    Cohere, AMDMoney & business

  44. Mira Murati's Thinking Machines Lab raises $2bn seed at $12bn valuation

    Thinking Machines Lab, founded by ex-OpenAI CTO Mira Murati, raised the largest seed round on record at $2bn, valuing the five-month-old company at $12bn.

    Thinking Machines LabMoney & business · Labs & people

  45. Nvidia says US will let it resume H20 chip sales to China

    The reversal followed a meeting between Jensen Huang and President Trump; the H20, designed to comply with earlier controls, had itself been restricted in April 2025.

    US GovernmentGovernment & policy · Compute & infrastructure

  46. NVIDIA becomes first company to reach $4 trillion market cap

    Shares hit an intraday high of $164, putting Nvidia ahead of Microsoft's $3.75 trillion after tripling in value in roughly a year.

    Compute & infrastructure · Money & business

  47. Gulf AI deals accompany a presidential visit

    NVIDIA agreed to supply Saudi Arabia's Humain with 18,000 Blackwell chips as Washington rescinded the Biden-era rule tiering AI-chip export licences by country.

    US GovernmentCompute & infrastructure · Government & policy

  48. AI21 Labs closes $300M Series D

    Business Insider first reported the round on 10 May; Calcalist reported eight months later that it had never actually closed or been formally announced.

    AI21 Labs, Google DeepMindMoney & business

  49. Huawei mass-ships Ascend 910C as China's alternative to restricted Nvidia H20

    Reuters reported the chip, which pairs two 910B processors, roughly doubled the compute and memory of its predecessor but still faced low manufacturing yields.

    HuaweiCompute & infrastructure

  50. Safe Superintelligence raises $2bn at $32bn valuation with no product

    Greenoaks Capital led the round, with Alphabet and Nvidia investing alongside it, months after SSI had raised $1bn at a $5bn valuation with no product to show.

    Safe Superintelligence, Google DeepMindMoney & business · Labs & people

  51. US requires licences for Nvidia H20 exports to China, forcing $4.5bn charge

    The US government imposed licensing requirements on Nvidia's H20 chip exports to China, forcing a $4.5bn inventory charge and an estimated $15bn in lost sales.

    US GovernmentCompute & infrastructure · Government & policy

  52. Runway raises $308 million Series D at a reported $3 billion valuation

    General Atlantic led the round, with Nvidia and SoftBank among the backers, days after Runway shipped Gen-4 and said it was targeting $300m in annualised revenue.

    Runway, SoftBankMoney & business

  53. CoreWeave completes Nasdaq IPO, the largest US tech IPO since 2021

    Priced below its targeted range, the Nvidia-backed GPU cloud provider closed flat on debut, and the offer size fell short of expectations that had run as high as $50bn.

    CoreWeaveCompute & infrastructure · Money & business

  54. Nvidia unveils Vera Rubin platform at GTC 2025

    Nvidia claimed roughly double Blackwell's inference throughput for the chip, due in the second half of 2026, and committed to shipping a new architecture every year.

    Compute & infrastructure

  55. Anthropic submits AI Action Plan recommendations to White House OSTP

    The submission urged tighter H20-chip export controls, classified channels between labs and intelligence agencies, and 50 gigawatts of new US power capacity by 2027.

    Anthropic, US GovernmentGovernment & policy

  56. NVIDIA loses a record amount of market value in a day

    The roughly $589bn one-day fall, the largest for any US company on record, followed DeepSeek's claim that a competitive model cost about $5.6m to train.

    DeepSeekCulture & impact · Money & business · Compute & infrastructure

  57. The Stargate Project announces $500 billion for AI infrastructure

    OpenAI, SoftBank and Oracle pledged $500 billion over four years for US data centres, announced from the White House.

    OpenAI, US GovernmentCompute & infrastructure · Money & business

  58. DeepSeek releases R1, and the market notices

    A Chinese lab matched frontier reasoning performance with open weights and a published method, wiping hundreds of billions off US tech stocks a week later.

    DeepSeekOpen weights & ecosystem · Models & capabilities · Money & business

  59. Synthesia raises $180M Series D, valuation doubles to $2.1B

    The round, led by NEA with NVentures among existing backers, valued the AI-avatar video firm at roughly double its 2023 Nvidia-backed Series C mark.

    Money & business

  60. xAI raises $6bn Series C at ~$50bn valuation with Nvidia and AMD as investors

    xAI's own announcement did not state a valuation; press reports of the figure ranged from just over $40 billion to roughly $50 billion.

    xAI, AMDMoney & business

  61. OpenAI raises $6.6 billion at a $157 billion valuation

    Investors could claw back their money if OpenAI failed to convert to a for-profit structure within two years, and were reportedly asked not to fund Anthropic or xAI.

    OpenAI, MicrosoftMoney & business · Labs & people

  62. xAI opens Colossus supercomputer in Memphis

    xAI switched on 100,000 Nvidia H100 GPUs in a converted Memphis factory, a build the company said took roughly 122 days from empty shell to training-ready cluster.

    xAICompute & infrastructure

  63. NVIDIA becomes the world's most valuable company

    Nvidia's shares had risen more than ninefold since the end of 2022; the lead lasted days before Microsoft and Apple retook the position.

    Money & business · Compute & infrastructure

  64. UK competition regulator warns on AI foundation model market concentration

    The regulator counted more than 90 partnerships and investments linking six firms — Google, Apple, Microsoft, Meta, Amazon and Nvidia — across the foundation-model supply chain.

    UK Government, Google DeepMindGovernment & policy

  65. NVIDIA announces the Blackwell architecture

    The GB200 NVL72 system was claimed to cut LLM inference cost and energy per token by up to 25 times against Hopper-generation hardware.

    Compute & infrastructure

  66. Figure raises $675M Series B, partners with OpenAI

    Investors included Microsoft, Nvidia and Jeff Bezos; OpenAI agreed to develop language and reasoning models specifically for Figure's humanoid robots.

    Figure AI, OpenAIMoney & business · Models & capabilities

  67. Hugging Face releases StarCoder2

    The Stack v2 dataset grew to roughly ten times the size of its predecessor, and BigCode said the 15B model matched benchmarks of models more than twice its size.

    Hugging FaceOpen weights & ecosystem · Models & capabilities

  68. Washington tightens the chip controls again

    New performance-density thresholds targeted Nvidia's China-specific A800 and H800 parts, and licensing requirements extended to 21 additional countries.

    US GovernmentGovernment & policy · Compute & infrastructure

  69. Hugging Face raises $235 million Series D at a $4.5 billion valuation

    Salesforce led the round; Google, Amazon, Nvidia, AMD, Intel, IBM and Qualcomm all joined too, more than doubling the company's valuation from 2022.

    Hugging Face, SalesforceMoney & business · Open weights & ecosystem

  70. Inflection raises $1.3 billion for a personal AI

    The round valued the year-old startup at $4 billion and was earmarked largely for a planned 22,000-H100 GPU cluster built with Microsoft and CoreWeave.

    Inflection AI, MicrosoftMoney & business · Compute & infrastructure

  71. Runway raises $141 million Series C extension at a $1.5 billion valuation

    Google, Nvidia and Salesforce Ventures joined the round, tripling Runway's valuation in six months after Series C funding it had raised the previous December.

    Runway, Google DeepMindMoney & business

  72. NVIDIA touches a $1 trillion valuation

    Shares rose on the back of an earnings forecast for roughly double the AI-driven demand analysts had expected, then closed the day just under the threshold.

    Money & business · Compute & infrastructure

  73. The US restricts advanced chip exports to China

    The rules covered the tools to make advanced chips, not only the chips, and barred US citizens from supporting Chinese chipmaking.

    US GovernmentGovernment & policy · Compute & infrastructure

  74. NVIDIA announces the Hopper architecture and the H100

    The H100 became the part frontier training runs were built around for the next two years, and the unit of account in which compute deals were later measured.

    Compute & infrastructure

  75. NVIDIA's $40 billion purchase of Arm collapses

    NVIDIA and SoftBank abandoned the deal after the FTC sued to block it; NVIDIA wrote off a $1.36 billion prepayment and Arm began preparing to list instead.

    SoftBankCompute & infrastructure · Money & business

  76. Meta unveils the AI Research SuperCluster

    A 6,080-GPU first phase, to reach 16,000 GPUs and a claimed 5 exaflops of mixed-precision compute by mid-2022, built for training on trillions of examples.

    Meta AICompute & infrastructure · Labs & people

  77. Microsoft and NVIDIA train Megatron-Turing NLG at 530 billion parameters

    The largest dense language model publicly described at the time, and a demonstration of multi-thousand-GPU training.

    MicrosoftModels & capabilities · Compute & infrastructure

  78. NVIDIA agrees to buy Arm for $40 billion

    The $40bn agreed price was $21.5bn in NVIDIA stock and $12bn cash, plus up to $5bn more if Arm hit performance targets; regulators later blocked it.

    SoftBankCompute & infrastructure · Money & business

In the commentary

Pieces from around the web that discuss NVIDIA. External links.

Also mentioned in 72 entries

Referenced in passing — NVIDIA isn't the main subject of these.