NVIDIA Stock News

The A.I. start-up's valuation has risen by more than $70 billion in nine months.

OpenAI closed its long-awaited funding round, announcing that it raised $6.6 billion at a $157 billion post-money valuation. Led by Thrive Capital, the round also had participation from Microsoft and Nvidia, CNBC confirmed.

OpenAI has raised $6.6 billion from investors at a post-money valuation of $157 billion, cementing the ChatGPT maker's status as one of the most valuable private companies in the world, sources familiar with the matter said on Wednesday.

U.S. stocks experienced modest gains with the Dow Jones Industrial Average rising by 68.04 points (0.16%) to 42225.01 points. The Nasdaq Composite increased by 51.52 points (0.29%) to 17961.88 points, and the S&P 500 index climbed by 7.36 points (0.13%) to 5716.11 points.

Nvidia expanded its partnership with Accenture to help companies scale artificial intelligence adoption. The news comes as generative AI demand helped drive $3 billion in Accenture bookings in its latest fiscal year, according to a Wednesday (Oct. 2) press release.

Nvidia stock rose after the chipmaker and Accenture unveiled a partnership to drive corporate adoption of artificial intelligence.

An expanded partnership between Accenture PLC (NYSE:ACN) and Nvidia Corp (NASDAQ:NVDA, ETR:NVD) will boost the corporate adoption of AI and speaks to the next enterprise phase in the AI revolution, analysts at Wedbush believe.    Under the partnership announced on Wednesday, professional services firm Accenture will be forming a new Nvidia Business Group to help enterprises scale their adoption...

Spatial artificial intelligence and robotics is developing as we speak, and it's bringing the technological focus back into the physical world. Spatial AI allows models to understand and interact with the physical world in ways previously limited to human cognition and is being used with concepts like the "omniverse" at companies including Nvidia.