financetom
Business
financetom
/
Business
/
Market Chatter: Nvidia, OpenAI, Microsoft Execs Discuss US AI Infrastructure Needs at White House
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market Chatter: Nvidia, OpenAI, Microsoft Execs Discuss US AI Infrastructure Needs at White House
Sep 13, 2024 1:16 PM

03:17 PM EDT, 09/12/2024 (MT Newswires) -- Executives from Nvidia ( NVDA ) , Microsoft ( MSFT ) , Alphabet (GOOG) and OpenAI met at the White House Thursday to discuss infrastructure requirements for artificial intelligence, Bloomberg reported.

The objective was to boost public-private partnerships on AI data center development in the US, the report said, citing people familiar with the meeting.

Google ( GOOG ) President Ruth Porat, Nvidia ( NVDA ) Chief Executive Jensen Huang, Microsoft ( MSFT ) President Brad Smith, OpenAI CEO Sam Altman and Anthropic CEO Dario Amodei attended the meeting. Representatives of the energy sector were also present.

The government side was represented by Commerce Secretary Gina Raimondo, National Security Advisor Jake Sullivan and Energy Secretary Jennifer Granholm, the report said.

Nvidia ( NVDA ) declined MT Newswires' request for comment. Microsoft ( MSFT ), Google ( GOOG ), OpenAI and Antropic did not immediately reply.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 120.13, Change: +3.23, Percent Change: +2.76

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
EQT's Q2 Volumes Seen Topping Guidance Midpoint Despite Curtailments, UBS Says
EQT's Q2 Volumes Seen Topping Guidance Midpoint Despite Curtailments, UBS Says
Jul 5, 2024
03:46 PM EDT, 07/05/2024 (MT Newswires) -- EQT's (EQT) Q2 sales volumes probably topped the midpoint of company guidance despite production curtailments, UBS Securities said in a report emailed Friday. Q2 volumes probably will be 487 billion cubic feet equivalent including curtailments through the end of May, compared with guidance of 455 Bcfe to 505 Bcfe, UBS said. EQT reduced...
Advanced Micro Devices Shares Are Trading Higher Friday: What You Need To Know
Advanced Micro Devices Shares Are Trading Higher Friday: What You Need To Know
Jul 5, 2024
Advanced Micro Devices, Inc. ( AMD ) has seen notable activity this week, with shares trading higher on Friday afternoon following earlier jobs data. What’s Going On: The week began with AMD and other chip stocks experiencing declines amidst a broader semiconductor sector sell-off, prompted by concerns over valuation despite strong AI-driven momentum in the first half of 2024. AMD's...
Market Chatter: UBS Hires Alejandro Palacio as Managing Director Technology Dealmaking
Market Chatter: UBS Hires Alejandro Palacio as Managing Director Technology Dealmaking
Jul 5, 2024
03:54 PM EDT, 07/05/2024 (MT Newswires) -- UBS (UBS) has hired Barclays' ( JJCTF ) Alejandro Palacio as Managing Director for technology dealmaking, Bloomberg News reported Friday, citing people familiar with the matter. Palacio will reportedly join UBS in the coming months, focusing on software and integrated payments companies, while reporting to Global Co-Head of Technology Investment Banking Laurence Braham....
Walmart beats key claim in US FTC lawsuit over money transfer fraud
Walmart beats key claim in US FTC lawsuit over money transfer fraud
Jul 5, 2024
NEW YORK (Reuters) - A U.S. judge threw out a central claim in a Federal Trade Commission lawsuit accusing Walmart ( WMT ) of turning a blind eye to scam artists who used its money transfer services to fleece consumers out of hundreds of millions of dollars. In a decision on Wednesday, U.S. District Judge Manish Shah in Chicago rejected...
Copyright 2023-2026 - www.financetom.com All Rights Reserved