15 AI News That Broke The Internet This Week

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4. NVIDIA Corporation (NASDAQ:NVDA

Number of Hedge Fund Holders: 193 

NVIDIA Corporation (NASDAQ:NVDA) provides graphics, computing and networking solutions. Latest reports, published by news agency Reuters, claim that CoreWeave, an AI startup backed by NVIDIA, is aiming to raise more than $3 billion in its IPO, valuing the startup at over $35 billion. The IPO may take place sometime during the second quarter next year. The startup has raised $12.7 billion in equity and debt financing over the past 12 months, including a $7.5 billion debt financing round in May.

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