"Nvidia now has a pre-funded warrant to purchase 3 million shares in Corning and the option to purchase 15 million more, as part of the agreement to build fiber-optic cables for AI data centers."
Nvidia and Corning have partnered to build fiber-optic cables for AI data centers, with Nvidia benefiting from reduced latency and energy consumption. Corning will increase its manufacturing tenfold and add over 3,000 jobs, including in Texas and North Carolina. This partnership is part of a broader trend in the AI race and highlights Corning's role in U.S. technology manufacturing.
Read at Fast Company
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