Dell Forecasts Positive Earnings for Fiscal Year 2025 Driven by Strong Demand for AI Servers


Majestic Labs, founded by three former Google and Meta engineers, has secured $1 billion in funding, focusing on developing high-capacity AI servers to reduce data center costs. Its patented silicon architecture can increase server memory capacity by 1000 times, with a single system capable of replacing up to ten traditional server racks.
EU invests $1.1B in 'Applied AI Strategy' to boost AI in industry and research, focusing on healthcare, energy, transport, and manufacturing via talent development and partnerships.....
Nvidia plans to invest up to $1B in AI startup Poolside, quadrupling its valuation. This strengthens Nvidia's AI ecosystem dominance as Poolside raises $2B at a $12B valuation.....
Nvidia's market cap surpasses $5 trillion, making it the world's most valuable company. Its GPUs drive AI growth, with expansion in data centers and AI factories reinforcing its market leadership.....
Nvidia CEO Huang Renxun refuted the theory of an AI market bubble at the GTC conference in Washington, expecting the new generation Blackwell and Rubin chips to generate $500 billion in revenue in the coming quarters, driving the company into an unprecedented growth period. This is the first time Nvidia has held the conference in the U.S. capital.