US AI vs China! Nvidia invests $7 billion in the startup Poolside and is about to release its earnings!
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Billion-Dollar Investment: Nvidia invests $1 billion in Poolside and pays $6 billion for licenses and talent to expand open AI models New Price Pressure: Price increases of over 15% for servers of the new chip generation put pressure on large customers Record Values Expected: Analysts at Jefferies forecast $95 billion in revenue for Q2 "Whether the US wins the AI race will not be decided by a single frontier model, but by whether a strong, open ecosystem emerges,” emphasized Nvidia CEO Jensen Huang (NVDA) recently. With a total investment...
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