American AI hardware and software firm, Groq (not to be confused with Elon Musk's AI venture, Grok), has announced it's establishing its first data center in Europe as part of its efforts to compete in the rapidly expanding AI industry in the EU market,

Nvidia hits $4 trillion market valuation, becoming the first company to reach this milestone. What this means for the AI chipmaker’s future.

The AI Titan’s Ascent Nvidia (NASDAQ:NVDA) has evolved from a niche graphics chip maker to a global technology titan, driven by its dominance in artificial intelligence (AI) and accelerated computing.

Nvidia on Wednesday became the first-ever company to breach a market capitalization of $4 trillion, a record growth fuelled by the AI mania sweeping across the world. The Santa Clara-based chipmaker surpassed technology giants Apple and Microsoft to become the Nasdaq's number one, finishing at $162.88 a share, according to the Wall Street Journal.

Nvidia's market capitalization has surpassed $4 trillion, driven by the AI sector's growth, even nearing India's GDP. The surge followed the unveiling of Comet, an AI-enhanced web browser by Perplexity AI,

There are some early signs that Nvidia's AI chip dominance could be cracking. Long-term investing is usually the key to sustainable stock market returns. Let's dig deeper to see how competition in the artificial intelligence (AI) industry and a push for sovereign AI could affect Nvidia's (NASDAQ: NVDA) performance over the next year and beyond.

Nvidia unveils the AEON humanoid robot, signaling a major expansion into robotics. This move blends AI chips, sensors, and robotics platforms

Including the advent of the internet in the mid-1990s, there hasn't been a next-big-thing trend in three decades that's escaped a bubble-bursting event early in its expansion ... It can be argued that Nvidia's biggest competitive edge has been the ...

The S&P 500 and Nasdaq registered record closing highs on Thursday, and Nvidia's market value closed above $4 trillion for the first time, while the Brazilian real recovered some losses following U.S.