12 AI News and Ratings Investors Probably Missed

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5. NVIDIA Corporation (NASDAQ:NVDA)

Number of Hedge Fund Holders: 193

NVIDIA Corporation (NASDAQ:NVDA) provides a wide range of graphics, computing, and networking solutions. Its products serve industries such as gaming, professional visualization, data centers, and automotive markets.

As reported by Reuters on December 5, Italian startup iGenius is collaborating with Nvidia to launch one of the largest deployments of Nvidia’s GB200 NVL72 servers, featuring 72 Blackwell chips each, at a data center in southern Italy by mid-2025. Named “Colosseum,” the project will utilize Nvidia’s software tools, including the NIM platform, to enable seamless deployment of AI models. iGenius, which focuses on open-source AI models for industries like banking and healthcare, has raised €650 million this year and is seeking additional funding for the project. Some models developed with Colosseum could reach 1 trillion parameters, showcasing its advanced capabilities.

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