Nvidia has partnered with six major asset management firms to establish a $500 billion financing package aimed at funding AI infrastructure projects, with CEO Jensen Huang positioning the company's chips as an investable asset class.
NVIDIA has formed a long-term strategic partnership with Safe Superintelligence Inc. (SSI), the AI safety startup founded by former OpenAI co-founder Ilya Sutskever. The deal includes an investment in SSI and provides the company access to NVIDIA's Vera Rubin computing systems, expanding SSI's compute capacity by an order of magnitude.
Hyundai Motor Group Executive Chair Euisun Chung presented the company's Physical AI roadmap at a San Francisco AI Summit and met with Nvidia CEO Jensen Huang to discuss collaboration on autonomous driving, robotics, and manufacturing AI. The meetings occurred as South Korean President Lee Jae Myung led a delegation of business leaders to deepen AI partnerships with global tech companies.
Nvidia CEO Jensen Huang publicly praised Chinese open-source AI models as 'excellent' and 'world class,' urging Washington not to ban them, even as Treasury Secretary Scott Bessent warned of scrutinizing Chinese models for stolen intellectual property. The comments come amid growing concern in Washington over low-cost Chinese AI models like Kimi that increasingly compete with American offerings.
A federal judge in California has certified a class of Nvidia investors alleging the chipmaker failed to properly disclose billions of dollars in crypto-related GPU revenue. The certification allows the securities case to advance toward potential trial.
