Nvidia set to win unconditional approval from European Commission for it’s bid to acquire Mellanox Technologies

Sources familiar with the matter have disclosed, U.S. chipmaker Nvidia is set to win an unconditional approval from the European Commission over its $6.8 billion acquisition bid to acquire Mellanox Technologies. Known for its powerful graphics chips, Nvidia is looking to boost its data center and artificial intelligence business; acquiring Mellanox will help it better…

European Commission to decide on Nvidia’s bid to acquire Mellanox Technologies for $6.8 billion by Dec. 19

Data from the European Commission’s website shows that U.S. chipmaker Nvidia did not offer any concessions to EU antitrust regulators who are examining its $6.8 billion bid to acquire Mellanox Technologies. The European Commission is set to take a decision on Nvidia’s biggest-ever acquisition by December 19. It is to be seen whether the EC…

Nvidia expands further into self-driving market with AB Volvo truck deal

Nvidia’s graphic chip will be powering the machine learning algorithms that will enable Volvo’s self-driving trucks to navigate from production facility to warehouse. In a significant development, Sweden’s AB Volvo stated, it will collaborate with Nvidia to develop artificial intelligence used in self-driving trucks. The agreement marks a long-term strategic partnership which spans several years.…

Nvidia potential acquisition of Mellanox Technologies would be its biggest ever

As per a source Nvidia has outbid Intel Corp for Mellanox. The deal assumes strategic importance since it will reduce Nvidia’s dependency on the gaming industry for its revenues. As per a source familiar with the matter at hand, Nvidia Corp is close to acquiring Mellanox Technologies Ltd for more than $7 billion. The potential…

Nvidia Corp issues preliminary security update for its graphics card affected by Spectre

The affected cards include Tesla, GeForce, Quadro, Grid and NVS. On Wednesday, Nvidia Corp confirmed that some of its chipsets have been affected by the Spectre vulnerability and that potentially hackers can exploit the bug by corrupting memory, bypass the operating system and steal the passwords of devices. Nvidia is in the process of providing…

Nvidia’s GPUs to power cryptocurrencies, IoT devices and fully automated cars

Graphics chip makers, including AMD and Nvidia, are well placed to cater to the growing demand for smart devices, including fully automated cars. On Thursday, Jensen Huang, the CEO of Nvidia Corp said it sees artificial intelligence enabling fully automated cars to hit the consumer market within the next four years. A prominent brand in…

Companies focusing on IoT, AI and Robotics in Computex Taipei

There is a strategic shift taking place in electronic components manufactured by tech companies. Computex Taipei, Taiwan’s top tech fair, is seeing a different energy this year. While traditionally the focus had mostly catered to electronic parts for smartphones, this year, chip manufacturers have latched onto burgeoning growth engines such as virtual reality, self-driving car…