Nvidia, 7 supercomputers for the US government - $500 billion for artificial intelligence chips
Nvidia CEO Jensen Huang said the leading artificial intelligence chipmaker will build seven new supercomputers for the U.S. Department of Energy. The company currently has $500 billion in orders for the new technology semiconductors.
Nvidia, the world's first corporation to reach a market value of over $4 trillion, is at the center of the global artificial intelligence revolution. The tech giant is making deals around the world while facing the challenges of the US-China trade war.
Investors are seeking more clarity on which chips Nvidia will be able to sell in the vast Chinese market. But Huang opened his speech by praising U.S. President Donald Trump's policies while introducing new products and deals. These include networking technology that will allow Nvidia's chips to interact with quantum computers.
The supercomputers that Nvidia will build for the Department of Energy will partly help the United States maintain and develop its nuclear arsenal. They will also be used for research into alternative energy sources, including nuclear fusion. The largest supercomputer for the department will be built in collaboration with Oracle and will contain 100,000 Blackwell series chips.
Nvidia also announced a new partnership with Finnish telecommunications equipment company Nokia, targeting the market for artificial intelligence-powered communications. The company will invest $1 billion to take a 2.9% stake in Nokia and introduced a new product line called Arc, designed to integrate with telecommunications equipment. Huang said Nvidia will work with the Finnish firm to improve the energy efficiency of the company's base stations for 6G, the next generation of wireless technology.
WTO, call for reforms - Head of the Organization: We must improve decision-making procedures
The head of the World Trade Organization (WTO), Ngozi Okonjo-Iweala, has called for reforms to the 30-year-old institution. She highlighted the consensus......
Croatia increases minimum wage to 1,050 euros - Government approves decision. 50% increase in the last three years
The Croatian government has adopted a new regulation setting the country's minimum wage for 2026 at €1,050 gross per month. This decision represents an......
Commissioner's Office holds roundtable with the Insurers Association of Albania: Cooperation on the implementation of the new law "On the protection of personal data"
The Office of the Commissioner for the Right to Information and Personal Data Protection held a working roundtable with the Association of Insurers of......
Interest rates in Kosovo increase - Financial market faces credit contraction
The average interest rate of commercial banks on loans has increased by about 15 percent from January to September this year. In January, the average......
Kosovo risks being left without a budget, President Osmani appeals for political compromise
Civil society in the country called on Kosovo President Vjosa Osmani to unite political parties to approve the new budget, as the country risks being left......
"Light at Home", OSHEE formalizes the solidarity initiative for paying for energy for 1610 Albanian families
Through a solidarity initiative, the “Qatar Charity” Foundation has taken over the energy payments for 1610 Albanian families in need. This initiative, known......
"Works on "Porto Romano" begin in 2026" - Deputy Prime Minister Balluku introduces the new director of the Port Authority, Aliu
Works on the construction of the new port in the Porto Romano area in Durrës will begin next year, and are expected to be completed in 2029. This was......
Albania, a platform to attract diaspora talents - Xhafa: Their representation and role in decision-making will increase
Albania will create a platform with all the names of Albanians in the diaspora who have stood out for their talent and skills in the countries where they......
