Lockheed Martin Secures $328.5 Million U.S. Defense Contract for Advanced Systems Supporting Taiwan Air Force 
Drugmakers Plan 2026 U.S. Price Increases on Over 350 Branded Medications Despite Political Pressure 
Nvidia to Acquire Groq in $20 Billion Deal to Boost AI Chip Dominance 
Hyundai Faces Deadline on Russia Plant Buyback Amid Ukraine War and Sanctions 
Trump Administration Lifts Sanctions on Three Intellexa-Linked Executives 
Samsung Signals Comeback With HBM4 Chips as AI Market Heats Up 
Australia’s Modern Gold Rush: Hobby Prospectors Flock to Victoria’s Golden Triangle 
SoftBank Completes $41 Billion OpenAI Investment in Historic AI Funding Round 
Novo Nordisk and Eli Lilly Cut Obesity Drug Prices in China as Competition Intensifies 
Citigroup to Exit Russia With Sale of AO Citibank to Renaissance Capital 
John Carreyrou Sues Major AI Firms Over Alleged Copyrighted Book Use in AI Training 
Bain Capital Moves to Acquire Majority Stake in Echo Marketing 
Meta Acquires AI Startup Manus to Expand Advanced AI Capabilities Across Platforms 
Elon Musk’s xAI Expands Supercomputer Infrastructure With Third Data Center to Boost AI Training Power 
Royalty Pharma Stock Rises After Acquiring Full Evrysdi Royalty Rights from PTC Therapeutics 
U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties 
U.S. chipmaker Nvidia and its employees have shown their support for the people affected by Israel's war with the Palestinian militant group Hamas. With thousands of employees from over 30 countries participating, a total of $5 million was generously donated.
Nvidia, further amplifying this act of kindness, matched and doubled the donation to an impressive $10 million, according to Reuters.
Nvidia's Philanthropic Efforts
To provide humanitarian assistance during this time of crisis, Nvidia has announced its historic donation. The Business Standard reported that this contribution is the largest ever made by the company in its 30-year history, reflecting its commitment to making a difference. The employees' broad support, extending from Israel to regions around the world, demonstrates their genuine care.
The donated funds will assist Israeli and foreign non-profit organizations in their mission to support civilians affected by the conflict. Prominent recipients include Asor Fund (JGive), American Friends of Magen David Adom, Doctors Without Borders, Friends of United Hatzalah, IsraAID (US) Global Humanitarian Assistance, Jewish Agency for Israel, World Central Kitchen, and Zaka.
Nvidia's employees have rallied in solidarity for their colleague, Avinatan Or. Along with his girlfriend Noa Argamani and approximately 240 others, Or was captured by Hamas during the Nova music festival on October 7. Their prayers and hope for his safe return reflect the bond among Nvidia families worldwide.
In addition to the substantial monetary donation, Nvidia has gone the extra mile to assist those affected. This includes donating hundreds of computers to families who have been forced to evacuate from the north and south of Israel. Furthermore, thousands of hot meals have been provided through the Nvidia Yokneam office cafeteria.
Helping Organizations Provide Aid
Recognizing the crucial role that non-profit organizations play on the ground, Nvidia has chosen carefully selected beneficiaries. These organizations include those who offer vital disaster relief, medical assistance, and humanitarian support to affected communities.
Photo: Nvidia Newsroom
