Exclusive: AI cloud startup Ori is in talks to raise up to $80 million in funding, sources say

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Image of Nvidia semiconductor chip
Ori builds infrastructure using Nvidia GPUs for companies to train and deploy AI applications via the cloud.

Nvidia

TensorWave wants to break Nvidia's dominance in AI compute. Here's an exclusive look at the pitch deck it used to raise $43 million.

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TensorWave founders
The TensorWave founding team believes Nvidia has a monopoly in AI compute.

TensorWave

Everyone wants to know what AI is worth. One investor looked to the past for the $20 trillion answer.

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CEO and cofounder of Fundrise, Ben Millerm, in front of a blue sky.
CEO and cofounder of Fundrise, Ben Miller.

Fundrise

OpenAI's investors include Silicon Valley's most prolific bubble chasers. Is that a bad sign for the company's future?

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Masayoshi Son
SoftBank's boss, Masayoshi Son.

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OpenAI turmoil is a bad look for its huge funding round, VCs say. 'I would vote with my feet.'

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A black-and-white photo of Sam Altman repeated three times on an orange-to-pink gradient background.
Sam Altman is CEO of OpenAI.

Jack Guez/Getty Images; Jenny Chang-Rodriguez/BI

Nvidia continues acquisition streak with OctoAI

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Luis Ceze

OctoML

Nvidia CEO Jensen Huang gushes over Meta's new 'Orion' prototype glasses

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Meta Connect 2024 holographic glasses Jensen Huang
Jensen Huang tried out the holographic glasses in a video screened at Meta Connect.

Meta

Nvidia might actually lose in this key part of the AI chip business

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Jensen Huang wih Nvidia hardware

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  • Inference made up 40% of Nvidia's $26.3 billion Q2 data center revenue.
  • Inference computing demand will increase as AI matures.
  • Companies like Groq and Cerebras are launching inference chips to compete with Nvidia.

In AI hardware circles almost everyone is talking about inference.

Nvidia is still on fire — but its trajectory is looking a bit more like Apple

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Jensen Huang.
Nvidia is still selling loads of chips, but demand appears to be slowing.

Vincent Thian/AP

OpenAI is the new Nvidia for investors that even Nvidia wants in on

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Nvidia CEO Jensen Huang and OpenAI CEO Sam Altman
Nvidia CEO Jensen Huang and OpenAI CEO Sam Altman. Nvidia may help push OpenAI to a more-than $100 billion valuation after the startup's next funding round.

Chiang Ying-ying, Eric Risberg/AP

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