His AI-powered search engine recently announced a $50 million Series B round with investors including Nvidia ( NVDA ), Salesforce ( CRM) Ventures, and DuckDuckGo. The capital raise valued the Google ( GOOG) and Yahoo rival at close to $1 billion.

Key Takeaways Nvidia CEO Jensen Huang said demand for the company’s AI chips is “insane” in an interview with CNBC Wednesday.Chipmaker Nvidia is expanding its partnership with IT consulting firm Accenture to help companies use artificial intelligence,

The chip maker’s chief executive revealed plans to sell millions of shares in the firm in an earlier regulatory filing.

However, Nvidia NVDA CEO Jensen Huang takes a different approach. He’s more interested in “zero-billion-dollar markets .” By adopting this unconventional strategy, Nvidia has become one of the most valuable businesses globally.

Last year, Huang and Denny’s CEO Kelli Valade, who got her first job as a waitress at a diner when she was 16, unveiled a plaque at the Denny’s restaurant where Nvidia was born. The company has muscled into the artificial intelligence sector big time and briefly edged out Microsoft as the world's most valuable publicly traded company.

CEO Jensen Huang is making headlines after a significant sale of his company's stock. Over the past few months, Huang has cashed in about $713 million worth of Nvidia shares. This move comes as part o

The coming growth will be offset by the "incredible productivity" to come from reducing power grid waste, Jensen Huang says.

Nvidia shares climbed as much as 5% on Tuesday as Barron's reported CEO Jensen Huang is done with planned sales of stock. Huang has reached the 6-million-share maximum threshold he's permitted to sell under a prearranged plan adopted in March.