Nvidia has acquired Enfabrica CEO Rochan Sankar and its technology for over $900 million, aiming to enhance its AI capabilities by connecting more than 100,000 GPUs. This move reflects a trend among tech giants to acquire AI talent through substantial investments rather than traditional acquisitions. Nvidia's latest investments also include a $5 billion stake in Intel for collaboration on AI processors.
Nvidia is investing $1 billion for a 2.9% stake in Nokia, aiming to collaborate on artificial intelligence networking solutions and data centers. This partnership has driven Nokia's shares to their highest level in nearly a decade, with expectations for revenue contributions starting from 2027.