US EditionNvidia lands $2 billion Kazakhstan AI chip deal as stock sheds $450 billion in market cap
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.5 Articles
5 Articles
Kazakhstan Launches $1B Crypto Reserve to Reduce Oil Dependence
Key Takeaways Kazakhstan plans a sovereign fund dedicated to crypto-linked assets. The fund may reach up to $1 billion and focus on ETFs and digital finance firms. The move signals a shift away from oil dependency toward tech-driven growth. The country is preparing to launch a crypto-oriented reserve fund estimated to be worth between $500 million and $1 billion, marking a significant turn toward digital asset exposure at the state level. Rathe…
Nvidia lands $2 billion Kazakhstan AI chip deal as stock sheds $450 billion in market cap
Nvidia signed a $2 billion chip deal with Kazakhstan this week, locking in an agreement for high-end AI processors as the Central Asian country races to build out its national tech ambitions. The agreement was reported by Bloomberg and comes as Nvidia faces a brutal three-day market crash that’s erased $450 billion in market value. While Kazakhstan deepens its AI commitment, Wall Street is offloading Nvidia shares at record pace, hammering the c…
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
