NVIDIA News - April 17, 2026
Cursor Targets $50B Valuation in $2B Round, Drawing Nvidia and a16z
AI coding startup Cursor is in advanced discussions to raise approximately $2 billion. The funding round would value the company at more than $50 billion...
NVIDIA CEO Warns U.S. Export Bans Fuel Chinese Rivals, Costing $8 Billion
NVIDIA CEO Jensen Huang argues the U.S. should permit advanced AI chip sales to China. He states current export restrictions fail to halt China's progress and...
Cerebras Targets $35 Billion IPO, Backed by $20 Billion OpenAI Partnership
Cerebras Systems is preparing an initial public offering with a target valuation of $35 billion. The Nvidia competitor could file paperwork as early as Friday....
OpenAI signs $20B Cerebras deal, to reduce Nvidia dependence
OpenAI agreed to pay chip startup Cerebras more than $20 billion. The arrangement secures server access for OpenAI over the next three years. OpenAI will...