Nvidia Corp. ( NVDA, Financials) shares fell 1.78% on Friday, closing at $144.60 as of 11:55 am GMT-5. The fall followed a statement by Meta Platforms ( META, Financials) CEO Mark Zuckerberg on the major AI investment plan of the business.
Much of the capital investment, a big jump from 2024, will fund expansion of Meta’s data centers, which provide the computing power needed by A.I. products and algorithms.
Meta Platforms Inc. META CEO Mark Zuckerberg agreed with Nvidia Corp. NVDA CEO Jensen Huang‘s cautious outlook on quantum computing, saying that the technology remains years away from practical ...
Quantum computing holds the potential to radically transform the world. Nvidia CEO Jensen Huang and Meta Platforms CEO Mark Zuckerberg recently poured cold water on some of the hype surrounding quantum computing.
Investors consequently want to know how long before quantum computers' time has come. IonQ's Chapman put together a timeline of his own. By 2030, the CEO believes his company will generate close to $1 billion in revenue and will also be profitable.
Quantum computing stocks sold off Monday after Meta Platforms CEO Mark Zuckerberg cautioned that quantum computing use remains years away.
Technology stocks struggled across the board on Monday, including declines among all but one of the Magnificent 7 firms and a big hit to quantum computing stocks.
Top business leaders like Mukesh Ambani, Elon Musk, Jeff Bezos, Mark Zuckerberg, and Tim Cook, are set to attend the inauguration ceremony of US President-elect Donald Trump on January 20. However, Nvidia CEO Jensen Huang has decided to skip the gala event.
Quantum computing stocks are plunging again after another major tech leader cast doubts on the technology’s usefulness in the near future.
Meta Platforms (NASDAQ:META) is planning to spend $60B to $65B to build out the company's artificial intelligence infrastructure, CEO Mark Zuckerberg said through his official account in a Facebook post Friday.
Elon Musk, Mark Zuckerberg, Tim Cook, Jeff Bezos, Sundar Pichai, and even TikTok’s CEO Shou Chew are among the powerful tech leaders lined up to attend Donald Trump’s inauguration on Monday, but Nvidia’s CEO won’t be joining them.