NVIDIA · Tue 3 Nov

Nvidia designs graphics processing units and networking hardware used to train and run artificial intelligence models, alongside the software frameworks built around them. Truncated covers its hardware releases, data center partnerships, regulatory policies and financial results.

Tuesday 3 November

AI Inference Startup Fal Raises Capital at $16 Billion Valuation

AI-generated summary AI inference startup Fal announced a new $1.3 billion financing round led by Bessemer Venture Partners that doubles its valuation to $16 billion. Chief executive officer and co-founder Burkay Gur says the startup raised the large amount in part to secure more computing power after a surge of demand led to customer rate limits.

Also covered by TechCrunch SiliconANGLE Tech.eu

Fireworks contracts 5MW of Nvidia Blackwell Ultra capacity at Era4 data center in UK

AI-generated summary Open-model AI company Fireworks announced that it will lease five megawatts of direct-liquid-cooled capacity powered by Nvidia Blackwell Ultra HGX B300 GPUs at Era4's data center in Chesterfield. Lin Qiao says this agreement with Era4 expands the company's capacity in the UK to develop new services for regulated businesses including financial services, insurance, and life sciences sectors.

Nvidia tells data center partners to limit China sales- FT By Investing.com

AI-generated summary According to the Financial Times, NVIDIA Corporation has reportedly instructed its data center partners to reduce their exposure to Chinese customers. This development creates additional obstacles for Chinese technology companies seeking to pursue artificial intelligence development through overseas cloud computing arrangements.

Also covered by ft.com bloomberg.com theinformation.com
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