Nvidia | DD News

September 19, 2026 9:19 AM

AI won’t cause end of world by 2030, says Nvidia CEO Jensen Huang

Nvidia CEO Jensen Huang has dismissed concerns that artificial intelligence could trigger an extinction-level event, saying there is “zero percent chance” that AI will lead to the end of the world by 2030. In an interview with CBS News’ Sunday Morning, Huang rejected predictions of an AI-driven catastrophe and said the claims were contributing to unnecessary fear. Huang's comments came after US President Donald Trump also dismissed concerns over the dangers posed by AI as a “hoax”. T...

August 18, 2026 3:01 PM

Razorpay launches AI-powered payments foundation model ‘Vulcan’ for more reliable, secure transactions

Fintech major Razorpay has launched an AI-powered payments foundation model - Razorpay Vulcan - built with NVIDIA and AWS technology aimed at making digital transactions more reliable, secure and predictable as India’s digital economy continues to expand, the company said on Tuesday. The company described it as India’s first transformer-based AI foundation model built specifically for payments. Developed using technology from NVIDIA and Amazon Web Services (AWS), the model is designed to a...

March 31, 2026 4:30 PM

Four semiconductor plants to be ready in India this year, says Ashwini Vaishnaw

Union Electronics and Information Technology Minister Ashwini Vaishnaw on Tuesday said four semiconductor plants are expected to be ready in India by 2026, as he outlined an accelerated roadmap for the sector following the inauguration of a new facility in Gujarat. In comments after Prime Minister Narendra Modi inaugurated the Kaynes Semicon's OSAT plant in Sanand, Vaishnaw said: "In 2026, four plants will be ready, and two plants in 2027. India’s first fabrication unit will be ready in Dhole...

January 29, 2026 9:26 AM

Nvidia, Microsoft, Amazon in talks to invest up to $60 billion in OpenAI

Nvidia , Amazon and Microsoft are in talks to invest up to $60 billion in OpenAI, The Information reported on Wednesday. Nvidia, an existing investor whose chips power OpenAI's AI models, is in talks to invest up to $30 billion, The Information said, citing a person with knowledge of the situation. Microsoft, a longstanding backer, is in talks to invest less than $10 billion, the report said. It added that Amazon, which would be a new investor, is in discussions to invest significantly more th...

November 3, 2025 9:14 AM

Trump says China, other countries can’t have Nvidia’s top AI chips

Artificial intelligence giant Nvidia's most advanced chips will be reserved for U.S. companies and kept out of China and other countries, U.S. President Donald Trump said. During a taped interview that aired on Sunday on CBS' "60 Minutes" program and in comments to reporters aboard Air Force One, Trump said only U.S. customers should have access to the top-end Blackwell chips offered by Nvidia, the world's most valuable company by market capitalization. "The most advanced, we will not let anyb...

October 29, 2025 3:29 PM

AI Rally Propels Nvidia Toward Historic $5 Trillion Benchmark

Nvidia was set to open above a $5 trillion market value on Wednesday, becoming the first company to reach the milestone after a powerful rally that has made the chip designer the centerpiece of the artificial intelligence boom. Shares of the Santa Clara, California-based company jumped 2.8% in premarket trade after CEO Jensen Huang announced $500 billion in AI chip orders and plans to build seven supercomputers for the U.S. government. The milestone marks Nvidia‘s evolution from a niche ...

September 18, 2025 4:49 PM

Nvidia bets big on Intel with $5 billion stake and chip partnership

Nvidia on Thursday said it will invest $5 billion in Intel, throwing its heft behind the struggling U.S. chip foundry, but stopped short of giving Intel a crucial manufacturing deal. The pact, which also includes a plan for Intel and Nvidia to jointly develop PC and data center chips, represents a potential risk to Taiwan’s TSMC. TSMC currently manufactures Nvidia’s flagship processors, business that the world’s most valuable company could one day extend to Intel. AMD, which competes with...

August 27, 2025 3:46 PM

Dominant AI trade confronts test as bellwether Nvidia reports earnings

The artificial intelligence theme that has propelled markets over the past couple years faces a crucial moment on Wednesday, when bellwether Nvidia Corp reports its second-quarter results. Technology shares, including a number of signature stocks in the AI trade, have wobbled this month with investors pointing to some signs of caution emerging in the AI industry. The declines have taken some of the steam out of an array of tech and other stocks that have sizzled since chatbot ChatG...

July 16, 2025 10:21 AM

Nvidia’s resumption of AI chips to China is part of rare earths talks, says US

Nvidia's planned resumption of sales of its H20 AI chips to China is part of U.S. negotiations on rare earths, Commerce Secretary Howard Lutnick said on Tuesday, and comes days after its CEO met President Donald Trump. "We put that in the trade deal with the magnets," Lutnick told Reuters, referring to an agreement Trump made to restart rare earth shipments to U.S. manufacturers. He did not provide additional detail. Nvidia said late on Monday that it is filing applications with ...

June 16, 2025 12:54 PM

Nvidia’s pitch for sovereign AI resonates with EU leaders

Nvidia NVDA.O CEO Jensen Huang has been pitching the idea of "sovereign AI" since 2023. Europe is now starting to listen and act. The concept is based on the idea that the language, knowledge, history and culture of each region are different, and every nation needs to develop and own its AI. Last week, the CEO of the artificial-intelligence chipmaker toured Europe's major capitals - London, Paris and Berlin - announcing a slew of projects and partnerships, while highlighting the lack of AI inf...