Nvidia stock nears a record, AI powers TSMC, and Big Tech goes nuclear: AI news roundup
This week, both Google and Amazon announced deals to support nuclear energy projects. Google and Microsoft (MSFT), which announced a nuclear power deal in September, said earlier this year that they are not on track to meet their climate goals, partly due to data centers. The interest in nuclear energy has sent some nuclear power stocks surging.
Read about this and more in the AI news roundup.
A Sam Altman-backed nuclear power stock soared 150% in a month
As tech giants turn their attention toward nuclear power for artificial intelligence and data centers, one producer is seeing its shares surge.
Nvidia stock nears a new record as AI demand drives a big TSMC earnings beat
Shares of Nvidia (NVDA) briefly reached a new intraday high on Thursday after its Taiwanese chipmaking partner beat earnings expectations.
A billionaire investor sold his Nvidia stock. It was a ‘big mistake,’ he says
Billionaire investor Stanley Druckenmiller admits he has made more than a few mistakes in his career. Selling his Nvidia (NVDA) shares earlier this year was one of them.
TSMC stock is soaring and its AI-driven boom has ‘no end in sight,’ analysts say
Taiwan Semiconductor Manufacturing Company (TSM) (TSMC), the world’s largest chipmaker, saw its profits soar 54% in the third quarter, driven by continued demand for its artificial intelligence-capable chips.
JPMorgan Chase is winning the AI banking race — and its lead is getting bigger
JPMorgan Chase (JPM) held onto its spot as the artificial intelligence adoption leader in the banking sector.
AI can alleviate poverty and cure depression — at least according to an AI executive
Anthropic AI is ready to solve all the world’s problems — if the company can raise billions of dollars.
TSMC is making chips for Apple in the U.S.
Taiwan Semiconductor Manufacturing Company (TSM) has reportedly started making its first chips for a major customer at its new fabrication plant in Arizona.
Amazon is joining Google and Microsoft in going big on nuclear power
Amazon (AMZN) is joining its artificial intelligence competitors in the race for nuclear energy.
AI investing will take trillions from other funds, CEO says
The AI chip wars could see the U.S. cap Nvidia and AMD exports
The U.S. reportedly could cap sales of advanced artificial intelligence chips from U.S.-based chipmakers to certain countries, including those in the Middle East.
Google is going nuclear to power AI
Google (GOOGL) is purchasing nuclear energy to support its power-hungry artificial intelligence projects.