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Nvidia CEO unveils new gaming chips at CES conference

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Nvidia CEO unveils new gaming chips at CES conference

Nvidia (NVDA.O) Chief Executive Jensen Huang on Monday announced a new family of gaming chips based on the company’s latest AI technology used in data centers.

The new chips, which will cost as much as $2,000 and were announced during Huang’s keynote speech at the CES 2025 conference, will anchor the company’s videogame chip business. Huang typically uses CES as a platform to announce new consumer chips and unveil a flurry of new plans to expand its AI business.

The chips use its ‘Blackwell’ AI technology to give video games movie-like graphics, especially in a field known as ‘shaders,’ which can help images like a ceramic teapot look more realistic by adding imperfections and fingerprint smudges to its surface.

The new chips also have AI technology to help game developers generate more accurate human faces, an area where players are apt to notice even slightly unrealistic features. The chips, which Nvidia calls its RTX 50 series, will range in price from $549 to $1,999, with top models arriving on Jan. 30 and lower-tier models coming in February.

Nvidia said its mid-grade $549 gaming chips will match the company’s previous flagship chip, the RTX 4090 that sold for $1,600.

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CES 2025, formerly known as the Consumer Electronics Show, runs Jan. 7-10 in Las Vegas and is used to debut products ranging from new automotive technology to quirky gadgets, as well as showing new ways to use artificial intelligence.

Nvidia’s stock closed at a record high of $149.43 on Monday, bringing its valuation to $3.66 trillion and making it the world’s second-most valuable listed company behind Apple (AAPL.O).

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OpenAI, SoftBank each commit 19bn dollars to Stargate AI data center

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OpenAI, SoftBank each commit 19bn dollars to Stargate AI data center

OpenAI and Japanese conglomerate SoftBank (9984.T) will each commit $19 billion to fund Stargate, a joint venture to develop data centers for artificial intelligence in the U.S., the Information reported on Wednesday.

The ChatGPT maker will hold a 40% interest in Stargate, and would act as an extension of OpenAI, the report said, citing OpenAI CEO Sam Altman speaking to colleagues. His comments imply SoftBank would also have a 40% interest, the report added.

OpenAI and SoftBank did not immediately respond to Reuters’ requests for comment.

On Tuesday, U.S. President Donald Trump announced that OpenAI, SoftBank Group and Oracle (ORCL.N) will unveil Stargate and invest $500 billion over the next four years to help the United States stay ahead of China and other rivals in the global AI race.

Stargate will initially deploy $100 billion and the rest of the funding is expected over the next four years. The project is being led by SoftBank and OpenAI.

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Taiwan’s HTC to sell part of XR unit to Google for 250mn dollars

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Taiwan's HTC to sell part of XR unit to Google for 250mn dollars

Taiwan’s HTC (2498.TW) said on Thursday it will sell part of its unit for extended reality (XR) headsets and glasses to Google (GOOGL.O) for $250 million and transfer some of its employees to the U.S. company.

The transaction is expected to close in the first quarter of this year, HTC said.

The two companies will also explore further collaboration opportunities, HTC added.

Google said in a separate statement that the deal will accelerate the development of the Android XR platform and strengthen the ecosystem for headsets and glasses.

Lu Chia-te, HTC vice president and general counsel, told reporters the company had granted its intellectual property rights to Google as a non-exclusive license.

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“Therefore, this is not a buyout nor an exclusive licence. In the future, HTC will still retain the ability to use, utilise, and even further develop it without any restrictions,” he said.

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Microsoft’s LinkedIn sued for disclosing customer information to train AI models

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Microsoft's LinkedIn sued for disclosing customer information to train AI models

Microsoft’s (MSFT.O) LinkedIn has been sued by Premium customers who said the business-focused social media platform disclosed their private messages to third parties without permission to train generative artificial intelligence models.

According to a proposed class action filed on Tuesday night on behalf of millions of LinkedIn Premium customers, LinkedIn quietly introduced a privacy setting last August that let users enable or disable the sharing of their personal data.

Customers said LinkedIn then discreetly updated its privacy policy on Sept. 18 to say data could be used to train AI models, and in a “frequently asked questions” hyperlink said opting out “does not affect training that has already taken place.”

This attempt to “cover its tracks” suggests LinkedIn was fully aware it violated customers’ privacy and its promise to use personal data only to support and improve its platform, in order to minimize public scrutiny and legal fallout, the complaint said.

The lawsuit was filed in the San Jose, California, federal court on behalf of LinkedIn Premium customers who sent or received InMail messages, and whose private information was disclosed to third parties for AI training before Sept. 18.

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It seeks unspecified damages for breach of contract and violations of California’s unfair competition law, and $1,000 per person for violations of the federal Stored Communications Act.

A lawyer for Prince Harry on Wednesday said the Duke of Sussex had reached a settlement with Rupert Murdoch’s news conglomerate.

LinkedIn said in a statement: “These are false claims with no merit.”

A lawyer for the plaintiffs had no immediate additional comment.

The lawsuit was filed several hours after U.S. President Donald Trump announced a joint venture among Microsoft-backed OpenAI, Oracle (ORCL.N) and SoftBank (9984.T), with a potential $500 billion of investment, to build AI infrastructure in the United States.

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