Nvidia is acquiring Modular, a company founded in Silicon Valley in 2022, to integrate advanced AI software capabilities into its offerings.

The entities involved

• Nvidia →

  American multinational technology company

  • SpaceX listed shares on Nasdaq and reached a $2 trillion valuation, while the company explores ambitious plans like AI data centers in space and profitable Starlink operations.Thu 23:32
  • Nvidia acquired synthetic-data startup Gretel, and Walmart became the first major retailer of the new business.Thu 20:00
• Qualcomm →

  American global semiconductor company

  • Both Qualcomm and eBay are reducing their workforce due to the ongoing adoption of Artificial Intelligence.Thu 13:29
  • Schwab U.S. Dividend Equity ETF and Vanguard High Dividend Yield ETF are significant holdings for companies like Broadcom, Qualcomm, and Texas Instruments.Wed 14:08
• Modular →

  AI company

  • Modular released a single featuring John Glacier, while other artists collaborated on tracks in London.Fri 09:49

Related events

• Major tech companies are competing to develop and invest in custom AI silicon to reduce dependence on existing chip providers like Nvidia.Jun 24
• Nvidia and SpaceX are noted as operating within the AI sector, with Jensen Huang leading Nvidia's product innovation.Jun 21
• Microsoft is developing the Maia 300 AI chip, which is being sought to power future exclusive AI infrastructure and secure $500B in funding.Aug 10
• Big Tech companies, including Nvidia and Meta, are active in the AI sector.Jun 16
• OpenAI has developed a custom AI chip to challenge Nvidia's market share, with Broadcom handling the manufacturing.Jun 25