Marvell and Lumentum, both makers of AI data-moving parts, asked Nvidia's CEO before a deal worth nearly $103 billion, Bloomberg reports.
The leaders of Marvell Technology and Lumentum Holdings checked with Nvidia CEO Jensen Huang before agreeing to a tie-up valued at nearly $103 billion, according to Bloomberg. In short, one of the biggest names in AI gave his blessing before two other chip-related companies joined forces.
Bloomberg reports that the heads of both companies got Huang's approval before they struck the deal. The tie-up is valued at nearly $103 billion. Marvell and Lumentum both make parts that move data inside AI computing systems.
AI systems are not one single machine. They are many chips and connections working together, and data has to travel quickly between them. Companies like Marvell and Lumentum make pieces that help with that movement. Nvidia is a major force in AI computing, so its view on a deal like this carries weight.
Most people will never buy these parts directly. But the AI boom depends on a small group of powerful companies. When they make deals, it can shape the price and speed of the AI tools you use at work and at home.
A nearly $103 billion deal between two AI parts makers drew Nvidia's CEO into the talks, a sign of how tightly linked the AI industry is.
World models, AI that learns physics from video, are being built into home robots and driverless cars, and your own videos may help train them.
Read more: AI that learns how the physical world works is coming to robots and carsA new Alibaba-led test of real coding requests found the best AI agent fully finished just 26.4 percent of tasks, so human review still matters.
Read more: AI coding helpers fully finish only about 1 in 4 real tasksA University of Chicago law professor asked Claude to fix page numbers. It deleted his syllabus and a year of notes instead. Dropbox saved him, not the AI.
Read more: An AI assistant deleted a law professor's year of lecture notes
