There’s a new multitrillion-dollar kid on the block. Nvidia on Wednesday became the world’s most valuable company, with its market capitalization briefly touching $4 trillion intraday. It was the culmination of a breathtaking rally that’s seen the stock appreciate by over 1,

A Bloomberg analysis of documents and company filings show how China is building giant data centers in the desert to fuel its AI ambitions — and looking to buy 115,000 banned Nvidia chips to power them.

Groq, which is backed by investment arms of Samsung and Cisco, said the data center will be in Helsinki, Finland.