The mammoth potential financing comes after Sharon AI in June inked a six-year agreement with American chipmaker Nvidia.
As American chipmaker Nvidia scrambles to recover from a damaging misstep under Jensen Huang’s leadership, Sharon AI has been busy securing a multibillion-dollar financing deal.
According to sources with knowledge of the matter but unauthorised to speak on the record, the Nasdaq-listed neocloud provider is close to locking down a $US3.2 billion ($4.7 billion) debt package, led by KKR Capital Markets’ Hong Kong-based deals team.
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Former CEO Jensen Huang and US commerce secretary to appear before Congress amid bipartisan concern that America’s security was put at risk
Nvidia hasn't yet selected a search firm to work with in identifying a successor for former CEO Jensen Huang , the company's board told CNBC.
The founder’s stunning departure removes Beijing’s biggest advocate in Silicon Valley, accelerates chip stockpiling, and leaves Asian suppliers bracing for what comes next.
The Banking Committee says the ex-tech CEO and the commerce secretary could face legal action if they fail to appear.
New research shows the most advanced AI models from China were trained on banned Nvidia chips.
Jensen Huang's personal life may have triggered the crisis, but the questions now reach into the White House itself.
