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blockonomi.com Nvidia (NVDA) Stock: Elon Musk’s xAI Drops $20 Billion on GPU Order

TLDR xAI and Nvidia are reportedly signing a $20 billion deal for GPUs to support the Memphis Colossus 2 data center expansion Nvidia projects global data center capital expenditures will reach $600 billion by end of 2025, rising to $3-4 trillion by 2030 OpenAI recently announced a partnership with Nvidia for 10 gigawatts of compute [...] The post Nvidia (NVDA) Stock: Elon Musk’s xAI Drops $20 Billion on GPU Order appeared first on Blockonomi.

blockonomi.com Reddit Files Lawsuit Against Perplexity Over Unlawful Data Scraping

TLDR Reddit has filed a lawsuit against Perplexity and three data scraping companies for unauthorized access to its content. The lawsuit claims Perplexity used scraped Reddit data to train its AI system without entering a licensing agreement. Reddit alleges that the scraping companies bypassed technical protections and disguised their identities to extract data. The complaint [...] The post Reddit Files Lawsuit Against Perplexity Over Unlawful Data Scraping appeared first on Blockonomi.