Antitrust investigation escalates: Nvidia receives subpoena from US Department of Justice
The Justice Department issued subpoenas to third parties in an effort to prevent Nvidia from gaining a dominant position in artificial intelligence computing.
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The Justice Department issued subpoenas to third parties in an effort to prevent Nvidia from gaining a dominant position in artificial intelligence computing.
Apple and Microsoft have also been in talks to participate; the financing would value OpenAI at more than $100 billion.
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Nvidia's stock made a notable recovery on Tuesday after experiencing a multi-day sell-off that saw the US chipmaker lose its status as the world’s most valuable public company. While the Nvidia hype train isn't out of steam yet, the recent volatility raises questions about the company’s future trajectory and potential risks.
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Nvidia's stock price has risen about 147% this year, adding about $1.8 trillion to its market value. As its stock price soars, Wall Street believes it's only a matter of time before Nvidia surpasses Microsoft.
Despite the controversy over the definition of Layer 2, the Ethereum upgrade is still focused on Rollup, of which DA is the key.
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