NVIDIA CEO Jensen Huang Reflects on Selling Shares at $300M to Buy Parents a Mercedes S-Class After the IPO, Saying He Now Regrets the Timing
… The company was at a valuation of $300 million, and I bought them a Mercedes S-Class. …
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Intel’s Potential Acquisition of SambaNova Could ‘Catalyze’ the Company’s AI Comeback — But It May Cost At Least a Hefty $5 Billion
… However, it has been revealed that this acquisition could cost Intel at least $5 billion, which is the valuation of SambaNova following its most recent funding round in 2021. …
Intel Ex-CEO Pat Gelsinger Says America Cannot Win the Chip Race With Wall Street’s "Short-Termism"
… And, you know they had fallen behind on process technology they went from having a two to three-year lead to a two to three-year lag. …