#nvidia

The U.S. Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) have officially backed a group of investors in a class action lawsuit against Nvidia.

Nvidia CEO Jensen Huang announced that the company will now release new AI chip versions annually. This shift in strategy follows reports that the next-generation Blackwell chips have been delayed until late 2024 due to design shortcomings.

According to The Information, Nvidia has postponed the release of its next AI chip, the Blackwell B200, by several months due to a design flaw. The company has already informed key buyers, including Microsoft and other cloud providers, about the delay.

With the new Blackwell B200 GPU chip, artificial intelligence will be able to train 2.5 times faster and improve response generation by a factor of five compared to its predecessor, the H100.

Nvidia CEO Jensen Huang highlights AI's role in combating AI-generated misinformation ahead of the 2024 U.S. elections. He stresses that only AI can handle the scale of false data production and suggests the U.S. should build an AI supercomputer to lead innovation in this field.

Chipmaker AMD plans to acquire ZT Systems, a provider of advanced computing systems, for $4.9 billion to bolster its position in the AI chip market. The primary goal is to challenge the industry leader, Nvidia.

France's antitrust authority is preparing to bring charges against Nvidia for alleged anticompetitive behavior. If these charges are filed, it would be the first major antitrust challenge for the chip developer, potentially resulting in a substantial fine.

There's a price war in the Chinese semiconductor market, with Nvidia taking on Huawei.

Qualcomm, Google, Intel, and several other tech giants have established the UXL Foundation coalition to challenge Nvidia's AI market monopoly, which has propelled the company to a $2.2 trillion valuation.

American startup Figure, specializing in robotics, has garnered $675 million in investments from technological giants including Microsoft, OpenAI, Amazon, and Nvidia. This influx of capital has propelled the 80-person company to a valuation of $2.6 billion. Figure's initial plan was to develop a humanoid robot within its first year of operation.