Nvidia (NVDA) CEO Jensen Huang thinks the technology giant and the U.S. have a China problem. He lamented on the B2G podcast that the Asian country was only "nanoseconds behind" U.S. chipmakers when it comes to building hardware crucial to cashing in on the AI boom. Yes, Nvidia dominates AI, but growth has slowed and Nvidia stock has had an uneven ride. Now comes a bigger challenge: Beijing appears to be squeezing Nvidia even more, as Chinese companies look to challenge the U.S. behemoth on the AI front. Th ...

On Wednesday, Enterprise AI model-maker Cohere said it raised an additional $100 million — bumping its valuation to $7 billion — in an extension to a round announced in August. The August round was an oversubscribed $500 million round at a $6.8 billion valuation, the company said at the time.Cohere also announced an interesting twist on a partnership. While competitor OpenAI just nabbed an up-to $100 billion investment from the biggest GPU player, Nvidia, Cohere has signed a deal with AMD, which is one of i ...