Nvidia made history on Wednesday as the first company to reach $5 trillion in market value, powered by a rally that has cemented its place at the center of the global artificial intelligence boom. The Wall Street milestone underscores the company's swift transformation from a niche graphics-chip designer into the backbone of the global AI industry,

Nvidia commits $1 billion to acquire a 2.9 % stake in Nokia, aiming to build AI-networking infrastructure and signal next-gen connectivity strategy.

The $5 trillion valuation surpasses the total cryptocurrency market value and equals roughly half the size of the pan European Stoxx 600 equities index, Reuters notes. At current prices, Huang’s stake in Nvidia would be worth about $179.2 billion, making him the world’s eighth-richest person.

Nokia’s shares surged over 20% this week after Nvidia stock revealed a $1 billion investment forming a new alliance to develop AI-driven networking and 6G infrastructure.

Nvidia Corp. has gradually become one of the most important players in the venture capital world, without being a VC firm.

Nvidia Corp. achieved a historic $5 trillion market capitalization on Wednesday as Chief Executive Officer Jensen Huang’s spree of deals catapults the artificial intelligence frenzy to new

Nvidia is partnering with Spectro Cloud, a startup backed by Goldman Sachs, to simplify AI adoption and management.

Nvidia Corp. Chief Executive Officer Jensen Huang announced a flurry of new partnerships and dismissed concerns about an AI bubble, saying the company’s latest chips are on track to generate half a trillion dollars in revenue.

Eli Lilly said on Tuesday it was collaborating with Nvidia to build a supercomputer to help with drug discovery and shorten development cycles, getting medicines to people faster.

Nvidia became the first company to surpass $5 trillion in market value after a fresh rally driven by AI-chip demand.