This year’s revenues are anticipated to be around $215 billion, with the figure expected to surpass $300 billion next year.

Alibaba and ByteDance are among the tech groups training their latest large language models in data centres across South-east Asia, the report said, citing two people with direct knowledge of the matter. Reuters could not immediately verify the report. Copyright 2025 Thomson Reuters.

Beyond training, Chinese tech companies also use south-east Asian data centres to service their overseas customers, as Alibaba and ByteDance seek to grow their share of the global cloud computing market. Chinese companies are also expanding access to data centres in other regions such as the Middle East.

Hedge fund billionaire Peter Thiel sold his entire stake in Nvidia and started a position in Microsoft during the third quarter.

In a memo to a Wall Street analyst, Nvidia directly responded to a recent X post from Michael Burry that was critical of the company.

To be clear, Nvidia’s graphics processing units (GPUs) remain the gold standard for the AI industry. But Google’s TPUs — which power its highly praised Gemini 3 — are cheaper to develop and require less power. Some industry experts estimate that TPUs offer up to four times better performance per dollar than comparable GPUs.

Nvidia has been subject to criticism over circular AI deals — as the leading AI chipmaker has invested in its own customers — with the famed "Big Short" investor Michael Burry recently betting on the company's decline and claiming the AI market is like the dot-com bubble.

Chinese tech giants like Alibaba and ByteDance are reportedly training advanced AI models in Southeast Asian data centres to access powerful Nvidia ch

Nvidia’s sales of the computing chipsets powering the artificial intelligence craze surged beyond the lofty bar set by stock market analysts in a performance that may ease recent jitters about a Big Tech boom turning into a bust that topples the world’s most valuable company.

Is there a more promising option? It appears that its counterpart, NVIDIA, offers you more. NVIDIA (NASDAQ: NVDA) stock

Nvidia‘s (NASDAQ:NVDA) evolution from a gaming chips maker to the premier supplier for AI systems has been nothing short of astounding. The market has responded in kind, sending its stock soaring 1,000% over the past three years and elevating the company to the most-valuable in the world with a $4.