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Nvidia Invests $2B in Marvell, Deepens Partnership
Bloomberg Tech·
Nvidia has made a significant $2 billion investment in Marvell, signaling a deepened collaboration focused on silicon photonics technology. This move aligns with the broader trend of substantial financial commitments fueling the artificial intelligence boom. Separately, cloud infrastructure provider CoreWeave secured an additional $8.5 billion to expand its capacity, highlighting the immense demand for AI-driven computing resources. The wearables sector also saw activity, with Whoop achieving a $10.1 billion valuation following its latest funding round.
Tags
ai
funding
chips
Original Source
Bloomberg Tech — bloomberg.com