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U.S. Stocks Come Under Pressure Following Powell Comments
RTTNews· 2025-09-24 01:56
After turning in a lackluster performance earlier in the session, stocks have come under pressure over the course of the trading day on Tuesday. The major averages have shown a notable move to the downside in recent trading, with the Dow joining the Nasdaq and the S&P 500 in negative territory.Currently, the major averages are off their lows of the session but still in the red. The Nasdaq is down 197.61 points or 0.9 percent at 22,591.37, the S&P 500 is down 35.53 points or 0.5 percent at 6,658.22 and the ...
Nvidia Invests in OpenAI With $100 Billion to Build Out More AI Data Centers
CNET· 2025-09-23 21:47
OpenAI and Nvidia have struck one of the biggest partnerships in AI, with Nvidia pledging to invest up to $100 billion in OpenAI while supplying the compute power needed to build the company's next generation of models.The deal, announced Monday in a letter of intent, calls for OpenAI to deploy at least 10 gigawatts of Nvidia systems for AI data centers over the coming years. The first phase, one gigawatt, is scheduled for the second half of 2026 on Nvidia's upcoming Vera Rubin platform, named for the late ...
Nvidia to Invest Up to $100 Billion in OpenAI
WSJ· 2025-09-23 00:50
The companies say the partnership will enable OpenAI to build and deploy at least 10 gigawatts of Nvidia systems for its artificial intelligence data centers to train and run its next generation of mo... ...