AI startup Modular said on Wednesday it raised $250 million in a funding round valuing it at $1.6 billion, as it aims to challenge Nvidia's software stranglehold on the AI computing market.

Alibaba Group Holdings Ltd. is integrating Nvidia Corp.’s suite of artificial intelligence development tools for so-called physical AI into its cloud software platform.

Nvidia will invest up to $100 billion in OpenAI as the artificial intelligence lab sets out to build hundreds of billions of dollars in data centers.

But Nvidia, in this one recent move, has shown its strength as the central player in the AI market. The company aims to invest as much as $100 billion in Open AI amid a buildout of the lab's data centers. This partnership could become the biggest profit engine in AI history -- and secure Nvidia's AI empire. Let's check it out.

BEIJING: Alibaba announced on Wednesday (Sep 24) a "milestone collaboration" in AI tech with US chip giant Nvidia that the Chinese company said will accelerate its development of humanoid robots.The n

The partnership is a positive signal for Chinese companies to use AI in developing robots and humanoids, analyst Tilly Zhang says.

Alibaba said on Wednesday that it is integrating Nvidia's AI development tools for robotics, self-driving cars and connected spaces into its Cloud Platform for AI.

Huang has said that for every 1 gigawatt of AI infrastructure deployed, as much as $50bn is spent on the computing hardware, including Nvidia’s specialised processors and its own networking technology, as well as the server racks that are produced by the likes of Foxconn, HP, Dell and Super Micro.

Brett Schafer has positions in Alphabet and Amazon. The Motley Fool has positions in and recommends Alphabet, Amazon, Apple, Microsoft, Nvidia, and Oracle. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy.

Alibaba boosts AI investment and integrates Nvidia’s physical AI tools into its cloud platform, driving shares to a four-year high.

A supply chain analysis shows the likelihood of labor shortages and a heavy reliance on foreign companies to make components for data centers and power plants