Here is why Nvidia’s partnership and investment in Marvell is such a big deal

Here is why Nvidia’s partnership and investment in Marvell is such a big deal

Nvidia’s strategic tie-up with fellow chipmaker Marvell Technology is yet another reason to stick with the AI giant’s sluggish stock. On Tuesday morning, the companies announced a partnership to integrate Marvell’s custom AI chips and networking products with Nvidia’s dominant AI computing ecosystem. In addition, Club name Nvidia is taking a $2 billion stake in…

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Shares of China AI ‘tiger’ Zhipu surge 35% after revenue doubles in first earnings report

Shares of China AI ‘tiger’ Zhipu surge 35% after revenue doubles in first earnings report

The Zhipu AI logo is seen displayed on a smartphone screen. Sopa Images | Lightrocket | Getty Images Shares of Chinese artificial intelligence company Knowledge Atlas Technology JSC, better known as Zhipu, surged as much as 35% on Wednesday, after posting strong revenue growth in its first earnings report.  The Beijing-based company later pared gains…

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Business sentiment improves in Tankan survey

Business sentiment improves in Tankan survey

The Shibuya pedestrian intersection in Tokyo, Japan. Marco Bottigelli | Moment | Getty Images Large Japanese manufacturers indicated their highest level of business optimism in over four years, despite uncertainties brought about from the Iran war. That’s according to the Bank of Japan’s quarterly Tankan survey, a closely-watched poll that measures business sentiment among domestic…

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