Organisation · company · US

NVIDIA

The chip designer whose GPUs became the default hardware for training and running large AI models, making it the biggest financial beneficiary of the boom.

57 entries · September 2020 – July 2026

Nvidia is the American chip designer, founded in 1993, whose graphics processors became the essential hardware for training and running large AI models — a position that turned it into the biggest financial beneficiary of the AI boom. Demand for its accelerators drove it in 2025 to become the first company worth $4tn and then $5tn, making it by a wide margin the most valuable listed company in the world. Its business sits at the centre of two live disputes: US restrictions on selling advanced chips to China, which have repeatedly forced it to write down sales, and a debate over whether the sector's spending reflects genuine end-user demand or capital circulating among a few interdependent firms — a concern sharpened by Nvidia's own multi-billion-dollar investments in customers such as OpenAI. Its stock has also proved sensitive to that story, losing a record amount of market value in a single day in early 2025 after the Chinese model DeepSeek suggested frontier AI might be built more cheaply.

Category
Compute, chips & infrastructure
Founded
1993
HQ
Santa Clara, US
Funding
Publicly listed (Nasdaq: NVDA); first company to reach a $5tn market value (2025)
Key people
Jensen Huang

Appears alongside

Featured in threads

Tracks

  • Compute & infrastructure 39
  • Money & business 34
  • Government & policy 12
  • Models & capabilities 7
  • Labs & people 5
  • Open weights & ecosystem 2
  • Security & misuse 1
  • Safety & alignment 1
  • Culture & impact 1

  1. SSI and Nvidia announce long-term strategic partnership

    Nvidia invests roughly $5bn in Safe Superintelligence and grants access to its next-generation Vera Rubin platform, SSI's first major public update since 2024.

    Money & business · Compute & infrastructure

  2. US Commerce Department closes Nvidia Blackwell export-control loophole

    Chinese firms had bought Blackwell and Rubin chips through subsidiaries in Malaysia, Singapore and the UAE; the new guidance does not require existing installed servers to be shut down.

    Compute & infrastructure · Government & policy

  3. NVIDIA reports record fiscal Q1 2027 results

    Data-centre revenue reached $75.2bn, up 92% year-on-year, and the company guided to $91bn for the following quarter while authorising an $80bn share buyback.

    Compute & infrastructure · Money & business

  4. Anthropic launches Project Glasswing and Claude Mythos Preview

    Twelve launch partners including AWS, Apple, Cisco, Microsoft, NVIDIA and the Linux Foundation got gated access; Anthropic committed $100m in usage credits and $4m to open-source security groups.

    Security & misuse · Safety & alignment · Models & capabilities

  5. OpenAI closes record $122 billion funding round at $852 billion valuation

    SoftBank and Andreessen Horowitz co-led the round, which included roughly $3 billion from individual investors via bank channels, superseding the $730bn figure from five weeks earlier.

    Money & business

  6. Yann LeCun launches AMI Labs to build JEPA-based world models

    The $1.03 billion seed round, at a $3.5 billion pre-money valuation, was co-led by Cathay Innovation, Greycroft, Hiro Capital and HV Capital, with Jeff Bezos, Nvidia and Temasek among the backers.

    Labs & people · Models & capabilities

  7. OpenAI secures $110 billion funding round from Amazon, Nvidia and SoftBank

    Amazon's $50bn split into $15bn upfront and $35bn tied to future milestones, paired with a deal making AWS the exclusive third-party cloud provider for OpenAI Frontier.

    Money & business · Compute & infrastructure

  8. Nvidia reports record $68.1 billion quarterly revenue

    Guidance of $78 billion for the next quarter excluded any China data-centre revenue, even after Nvidia won a limited licence to ship H200 chips there.

    Compute & infrastructure · Money & business · Government & policy

  9. Nvidia invests $2bn in CoreWeave, plans over 5GW of AI factories by 2030

    Nvidia bought $2bn of CoreWeave stock at $87.20 a share and the two companies said they would use Nvidia's balance sheet to speed procurement of land and power.

    Compute & infrastructure · Money & business

  10. US Commerce Department codifies H200-to-China export rule

    Exports were capped at half of each company's cumulative US chip sales and subject to a 25% fee, a level analysts estimated could allow roughly 850,000 H200-equivalent chips into China.

    Compute & infrastructure · Government & policy

  11. xAI raises $20 billion Series E at $230 billion valuation

    The round came in above an earlier reported $15 billion target; Tesla's board later approved committing roughly $2 billion to it despite a shareholder vote on xAI funding narrowly failing in November.

    Money & business

  12. xAI confirms Grok 5 training on Colossus 2, targets 6T-parameter MoE model

    xAI disclosed the training alongside its $20 billion Series E raise; reports described xAI training two Grok 5 variants in parallel, at 6 trillion and 10 trillion parameters.

    Models & capabilities · Compute & infrastructure

  13. xAI expands Colossus 2 toward 2-gigawatt capacity

    The third building, reportedly nicknamed 'Macrohardrr' and sited in Southaven, Mississippi, targets roughly 555,000 Nvidia GB200 and GB300 chips.

    Compute & infrastructure

  14. Trump administration approves Nvidia H200 chip exports to China

    The 25% government cut was up from a 15% arrangement applied earlier to H20 sales; Nvidia's newer Blackwell chips remained excluded, and Democratic lawmakers demanded disclosure of the licensing review.

    Compute & infrastructure · Government & policy

  15. The AI bubble argument goes mainstream

    Michael Burry's public wager against AI infrastructure spending and a record $61 billion of data-centre dealmaking pushed 'circular deals' and depreciation accounting into mainstream financial coverage.

    Money & business · Compute & infrastructure

  16. Nvidia reports record $57bn quarterly revenue in Q3 FY2026

    Data-centre revenue reached $51.2bn, up 66% year on year, as Huang said 'cloud GPUs are sold out' even as investors questioned AI spending's sustainability.

    Compute & infrastructure · Money & business

  17. Nvidia says no assurance $100bn OpenAI deal will be finalised

    Two months after the September letter of intent, Nvidia's quarterly filing said the two companies had yet to sign a definitive agreement.

    Compute & infrastructure · Money & business

  18. Microsoft and Nvidia to invest up to $15bn combined in Anthropic; Anthropic commits $30bn to Azure

    The deal added Azure as a third cloud for Claude alongside AWS and Google Cloud, with Anthropic committing to buy up to a gigawatt of Nvidia Grace Blackwell and Vera Rubin compute.

    Compute & infrastructure · Money & business

  19. Michael Burry discloses large short positions against Nvidia and Palantir

    Scion Asset Management's 13F showed put options on 5 million Palantir shares and 1 million Nvidia shares, worth $912m and $187m in notional terms.

    Money & business

  20. NVIDIA becomes first company to reach $5 trillion market cap

    The close came three months after NVIDIA passed $4 trillion, following Huang's forecast of $500 billion in AI chip sales and Trump's comments ahead of a meeting on China exports.

    Compute & infrastructure · Money & business

  21. NVIDIA signs a letter of intent to invest up to $100 billion in OpenAI

    Tied to ten gigawatts of deployment starting in late 2026, with OpenAI paying Nvidia in cash for chips while Nvidia takes a non-controlling equity stake.

    Money & business · Compute & infrastructure

  22. Nvidia agrees to invest $5bn in Intel and co-develop AI/PC chips

    Intel will design custom x86 CPUs for Nvidia's data-centre platforms and build PC chips combining its own silicon with Nvidia RTX GPU chiplets, linked by Nvidia's NVLink.

    Compute & infrastructure · Money & business

  23. Figure AI raises over $1B Series C at $39B valuation

    Parkway Venture Capital led the round, with Brookfield, Nvidia, Salesforce, T-Mobile and Qualcomm among the participants funding humanoid-robot production and data collection.

    Money & business

  24. Nvidia and AMD agree to pay US government 15% of China chip revenue for export licences

    The arrangement covered Nvidia's H20 and AMD's MI308 chips and followed a White House meeting between Jensen Huang and Donald Trump days earlier.

    Compute & infrastructure · Government & policy

  25. Cohere raises $500M Series D at $6.8B valuation

    The round, co-led by Radical Ventures and Inovia Capital, came with Joelle Pineau, formerly Meta's VP of AI research, joining as chief AI officer.

    Money & business

  26. Mira Murati's Thinking Machines Lab raises $2bn seed at $12bn valuation

    Thinking Machines Lab, founded by ex-OpenAI CTO Mira Murati, raised the largest seed round on record at $2bn, valuing the five-month-old company at $12bn.

    Money & business · Labs & people

  27. Nvidia says US will let it resume H20 chip sales to China

    The reversal followed a meeting between Jensen Huang and President Trump; the H20, designed to comply with earlier controls, had itself been restricted in April 2025.

    Government & policy · Compute & infrastructure

  28. NVIDIA becomes first company to reach $4 trillion market cap

    Shares hit an intraday high of $164, putting Nvidia ahead of Microsoft's $3.75 trillion after tripling in value in roughly a year.

    Compute & infrastructure · Money & business

  29. Gulf AI deals accompany a presidential visit

    NVIDIA agreed to supply Saudi Arabia's Humain with 18,000 Blackwell chips as Washington rescinded the Biden-era rule tiering AI-chip export licences by country.

    Compute & infrastructure · Government & policy

  30. AI21 Labs closes $300M Series D

    Business Insider first reported the round on 10 May; Calcalist reported eight months later that it had never actually closed or been formally announced.

    Money & business

  31. Huawei mass-ships Ascend 910C as China's alternative to restricted Nvidia H20

    Reuters reported the chip, which pairs two 910B processors, roughly doubled the compute and memory of its predecessor but still faced low manufacturing yields.

    Compute & infrastructure

  32. Safe Superintelligence raises $2bn at $32bn valuation with no product

    Greenoaks Capital led the round, with Alphabet and Nvidia investing alongside it, months after SSI had raised $1bn at a $5bn valuation with no product to show.

    Money & business · Labs & people

  33. US requires licences for Nvidia H20 exports to China, forcing $4.5bn charge

    The US government imposed licensing requirements on Nvidia's H20 chip exports to China, forcing a $4.5bn inventory charge and an estimated $15bn in lost sales.

    Compute & infrastructure · Government & policy

  34. CoreWeave completes Nasdaq IPO, the largest US tech IPO since 2021

    Priced below its targeted range, the Nvidia-backed GPU cloud provider closed flat on debut, and the offer size fell short of expectations that had run as high as $50bn.

    Compute & infrastructure · Money & business

  35. Nvidia unveils Vera Rubin platform at GTC 2025

    Nvidia claimed roughly double Blackwell's inference throughput for the chip, due in the second half of 2026, and committed to shipping a new architecture every year.

    Compute & infrastructure

  36. Anthropic submits AI Action Plan recommendations to White House OSTP

    The submission urged tighter H20-chip export controls, classified channels between labs and intelligence agencies, and 50 gigawatts of new US power capacity by 2027.

    Government & policy

  37. NVIDIA loses a record amount of market value in a day

    The roughly $589bn one-day fall, the largest for any US company on record, followed DeepSeek's claim that a competitive model cost about $5.6m to train.

    Culture & impact · Money & business · Compute & infrastructure

  38. The Stargate Project announces $500 billion for AI infrastructure

    OpenAI, SoftBank and Oracle pledged $500 billion over four years for US data centres, announced from the White House.

    Compute & infrastructure · Money & business

  39. DeepSeek releases R1, and the market notices

    A Chinese lab matched frontier reasoning performance with open weights and a published method, wiping hundreds of billions off US tech stocks a week later.

    Open weights & ecosystem · Models & capabilities · Money & business

  40. Synthesia raises $180M Series D, valuation doubles to $2.1B

    The round, led by NEA with NVentures among existing backers, valued the AI-avatar video firm at roughly double its 2023 Nvidia-backed Series C mark.

    Money & business

  41. xAI raises $6bn Series C at ~$50bn valuation with Nvidia and AMD as investors

    xAI's own announcement did not state a valuation; press reports of the figure ranged from just over $40 billion to roughly $50 billion.

    Money & business

  42. OpenAI raises $6.6 billion at a $157 billion valuation

    Investors could claw back their money if OpenAI failed to convert to a for-profit structure within two years, and were reportedly asked not to fund Anthropic or xAI.

    Money & business · Labs & people

  43. xAI opens Colossus supercomputer in Memphis

    xAI switched on 100,000 Nvidia H100 GPUs in a converted Memphis factory, a build the company said took roughly 122 days from empty shell to training-ready cluster.

    Compute & infrastructure

  44. NVIDIA becomes the world's most valuable company

    Nvidia's shares had risen more than ninefold since the end of 2022; the lead lasted days before Microsoft and Apple retook the position.

    Money & business · Compute & infrastructure

  45. UK competition regulator warns on AI foundation model market concentration

    The regulator counted more than 90 partnerships and investments linking six firms — Google, Apple, Microsoft, Meta, Amazon and Nvidia — across the foundation-model supply chain.

    Government & policy

  46. NVIDIA announces the Blackwell architecture

    The GB200 NVL72 system was claimed to cut LLM inference cost and energy per token by up to 25 times against Hopper-generation hardware.

    Compute & infrastructure

  47. Figure raises $675M Series B, partners with OpenAI

    Investors included Microsoft, Nvidia and Jeff Bezos; OpenAI agreed to develop language and reasoning models specifically for Figure's humanoid robots.

    Money & business · Models & capabilities

  48. Hugging Face releases StarCoder2

    The Stack v2 dataset grew to roughly ten times the size of its predecessor, and BigCode said the 15B model matched benchmarks of models more than twice its size.

    Open weights & ecosystem · Models & capabilities

  49. Washington tightens the chip controls again

    New performance-density thresholds targeted Nvidia's China-specific A800 and H800 parts, and licensing requirements extended to 21 additional countries.

    Government & policy · Compute & infrastructure

  50. Inflection raises $1.3 billion for a personal AI

    The round valued the year-old startup at $4 billion and was earmarked largely for a planned 22,000-H100 GPU cluster built with Microsoft and CoreWeave.

    Money & business · Compute & infrastructure

  51. NVIDIA touches a $1 trillion valuation

    Shares rose on the back of an earnings forecast for roughly double the AI-driven demand analysts had expected, then closed the day just under the threshold.

    Money & business · Compute & infrastructure

  52. The US restricts advanced chip exports to China

    The rules covered the tools to make advanced chips, not only the chips, and barred US citizens from supporting Chinese chipmaking.

    Government & policy · Compute & infrastructure

  53. NVIDIA announces the Hopper architecture and the H100

    The H100 became the part frontier training runs were built around for the next two years, and the unit of account in which compute deals were later measured.

    Compute & infrastructure

  54. NVIDIA's $40 billion purchase of Arm collapses

    NVIDIA and SoftBank abandoned the deal after the FTC sued to block it; NVIDIA wrote off a $1.36 billion prepayment and Arm began preparing to list instead.

    Compute & infrastructure · Money & business

  55. Meta unveils the AI Research SuperCluster

    A 6,080-GPU first phase, to reach 16,000 GPUs and a claimed 5 exaflops of mixed-precision compute by mid-2022, built for training on trillions of examples.

    Compute & infrastructure · Labs & people

  56. Microsoft and NVIDIA train Megatron-Turing NLG at 530 billion parameters

    The largest dense language model publicly described at the time, and a demonstration of multi-thousand-GPU training.

    Models & capabilities · Compute & infrastructure

  57. NVIDIA agrees to buy Arm for $40 billion

    The $40bn agreed price was $21.5bn in NVIDIA stock and $12bn cash, plus up to $5bn more if Arm hit performance targets; regulators later blocked it.

    Compute & infrastructure · Money & business

Also mentioned in 54 entries

Referenced in passing — NVIDIA isn't the main subject of these.