Latest AI updates

NVIDIA to become Naver’s third-largest shareholder

Nvidia will invest $1 billion in South Korean internet company Naver, acquiring a 4.54% stake. This makes Nvidia the third-largest shareholder, surpassing Naver's founder. The investment highlights Nvidia's strategy to strengthen partnerships in Asian AI markets.

Why it matters: Nvidia's $1 billion investment in Naver signals deepening ties in AI infrastructure and cloud services.

Amazon Secures $6 Billion AI Deal as Snowflake Signs Major AWS Chip Agreement

Amazon Secures Another Mega-Deal: Snowflake Signs $6 Billion AWS AI Chip AgreementCloud data giant Snowflake has reached a landmark five-year agreement with Amazon Web Services (AWS) valued at $6 billion. This strategic deal is designed to secure cri<!--autointro-->