Nvidia (NVDA) Partners with UK AI Company Nscale for Growth

Nvidia (NVDA) invests $683 million in UK-based AI company Nscale, a spinoff from a crypto miner, to boost UK’s AI infrastructure. Partnership aims to scale up to 60,000 GPUs by 2026. CEO emphasizes importance of national resilience and economic growth. UK Prime Minister plans to adopt AI plan with $17 billion investment from tech companies.

Nvidia reaches a market capitalization of $4 trillion, surpassing all major tech companies. Surge in stock price linked to investor confidence in AI technologies. Valuation exceeds total market capitalization of all cryptocurrencies, which has hovered around $4 trillion since July. Trend suggests growing interest in AI-related investments.