SpaceX's AI Spending Spree Drags Its Shares While Nvidia Gains
Companies

SpaceX's AI Spending Spree Drags Its Shares While Nvidia Gains

SpaceX beat Q2 estimates but its $18.4B capex sent shares down 7%; Nvidia rose as Musk made it the exclusive AI chip par...

Declan Byrne 👁 37 💬 0
Anthropic Said to Sign $10 Billion, Six-Year Data Centre Deal With Volta Infra
Technology

Anthropic Said to Sign $10 Billion, Six-Year Data Centre Deal With Volta Infra

Anthropic reportedly commits $10 billion over six years to data centre capacity run by startup Volta Infra, deepening th...

Eitan Shapiro 👁 37 💬 0
Google's $200B AI Chip Financing Deal for Anthropic Takes Aim at Nvidia
Technology

Google's $200B AI Chip Financing Deal for Anthropic Takes Aim at Nvidia

Google, Broadcom and Wall Street lenders built a roughly $200 billion financing network to supply Anthropic with AI chip...

Eitan Shapiro 👁 57 💬 0
Amazon Crosses $3 Trillion Market Value as Cloud Growth Answers AI Skeptics
Markets

Amazon Crosses $3 Trillion Market Value as Cloud Growth Answers AI Skeptics

Amazon became the fifth company ever to top $3 trillion in market value after quarterly results showed its cloud busines...

Yael Ben-David 👁 35 💬 0
Valar Atomics Raises $1B From Sequoia to Scale Small Nuclear Reactors for AI
Energy

Valar Atomics Raises $1B From Sequoia to Scale Small Nuclear Reactors for AI

The SMR startup, backed by Sequoia and partnered with Nvidia, plans to move from single reactors to fleet manufacturing ...

Aoife Keane 👁 39 💬 0
Memory, not compute: Majestic Labs bets LPDDR6 pooling can crack Nvidia's AI wall
Technology

Memory, not compute: Majestic Labs bets LPDDR6 pooling can crack Nvidia's AI wall

Tel Aviv startup Majestic Labs says AI inference is bottlenecked by memory, not GPUs — and its Arm-based Prometheus serv...

Eitan Shapiro 👁 34 💬 0
Apple Briefly Hits $5 Trillion Market Value, Joining Nvidia at the Top
Markets

Apple Briefly Hits $5 Trillion Market Value, Joining Nvidia at the Top

Apple's shares briefly pushed its market value above US$5 trillion, making it the second company after Nvidia to reach t...

Yael Ben-David 👁 33 💬 0
Nvidia's $5B Safe Superintelligence Bet Leads Week's Biggest Startup Funding Rounds
Companies

Nvidia's $5B Safe Superintelligence Bet Leads Week's Biggest Startup Funding Rounds

A reported $5 billion Nvidia investment in Safe Superintelligence headlined a week that saw roughly $8.2 billion raised ...

Declan Byrne 👁 35 💬 0
AI’s First Winners Seek Their Next Big Moves with Acquisitions and Unlikely Bets
Technology

AI’s First Winners Seek Their Next Big Moves with Acquisitions and Unlikely Bets

From Midjourney buying a astrology app to Cognition adding personality to its coding agent, AI startups flush with cash ...

Eitan Shapiro 👁 34 💬 0
Higgsfield Hires Former Braze Exec Mariam Asmar as First Enterprise Marketing Chief
Companies

Higgsfield Hires Former Braze Exec Mariam Asmar as First Enterprise Marketing Chief

The AI video startup, targeting $1B in revenue by 2026, turns to an experienced B2B marketer to win enterprise clients a...

Declan Byrne 👁 55 💬 0
NVIDIA CEO Jensen Huang: AI Will Eliminate Tasks, Not Jobs — But the Data Isn't So Clear-Cut
Technology

NVIDIA CEO Jensen Huang: AI Will Eliminate Tasks, Not Jobs — But the Data Isn't So Clear-Cut

At Y Combinator's Startup School, Huang argued that AI automates routine tasks while preserving the broader purpose of j...

Eitan Shapiro 👁 36 💬 0
Cuban and Burry Sound Alarm Over Nvidia’s AI Deal Web, Warn of Dot-Com Style Risks
Technology

Cuban and Burry Sound Alarm Over Nvidia’s AI Deal Web, Warn of Dot-Com Style Risks

Mark Cuban and Michael Burry have issued stark warnings about Nvidia’s heavy financing of AI customers, comparing the ch...

Eitan Shapiro 👁 43 💬 0
Apple Briefly Touches $5 Trillion Market Cap Ahead of Pivotal Earnings and CEO Swansong
Companies

Apple Briefly Touches $5 Trillion Market Cap Ahead of Pivotal Earnings and CEO Swansong

Apple hit a $5 trillion valuation for the first time, joining Nvidia in that elite club, just two days before what will ...

Declan Byrne 👁 36 💬 0
Semiconductor Sell-Off Pushes Nasdaq-100 to Edge of Correction
Markets

Semiconductor Sell-Off Pushes Nasdaq-100 to Edge of Correction

A 24.5% plunge in the PHLX Semiconductor Index since late June has dragged the Nasdaq-100 within 0.6 percentage points o...

Yael Ben-David 👁 39 💬 0
Apple Dethrones Nvidia to Become World's Most Valuable Company with $5 Trillion Market Cap
Companies

Apple Dethrones Nvidia to Become World's Most Valuable Company with $5 Trillion Market Cap

Apple’s market cap hit $5 trillion on Tuesday, reclaiming the top spot from Nvidia as the iPhone maker benefits from ste...

Declan Byrne 👁 32 💬 0
Nvidia's Jensen Huang Rejects 'AI Bloodbath' Fears, Sees Job Growth From Automation
Technology

Nvidia's Jensen Huang Rejects 'AI Bloodbath' Fears, Sees Job Growth From Automation

At Y Combinator, Nvidia CEO Jensen Huang argued that AI automates tasks, not entire jobs, and will spark more hiring thr...

Eitan Shapiro 👁 40 💬 0
'The Market Would Crash': Big Short Investor Steve Eisman Warns AI Capex Dependency Could Trigger a Nvidia-Led Selloff
Markets

'The Market Would Crash': Big Short Investor Steve Eisman Warns AI Capex Dependency Could Trigger a Nvidia-Led Selloff

Steve Eisman warns that the stock market's reliance on AI infrastructure spending is so extreme that any pullback by hyp...

Yael Ben-David 👁 39 💬 0
Nvidia Injects $5 Billion into Ilya Sutskever’s Secretive AI Startup Safe Superintelligence
Companies

Nvidia Injects $5 Billion into Ilya Sutskever’s Secretive AI Startup Safe Superintelligence

The chip giant’s cash—and access to its next-generation Vera Rubin hardware—will let SSI grow its compute tenfold in a y...

Declan Byrne 👁 49 💬 0
Nvidia and OpenAI Plan $500B+ Supersized Data Center in Ohio, the World’s Largest
Technology

Nvidia and OpenAI Plan $500B+ Supersized Data Center in Ohio, the World’s Largest

Nvidia and OpenAI are negotiating a 10-gigawatt data center project that would cost over $500 billion, far exceeding any...

Eitan Shapiro 👁 43 💬 0
Steve Eisman Warns Any AI Capex Cut Will Trigger a 'Straight Down' US Stock Plunge
Markets

Steve Eisman Warns Any AI Capex Cut Will Trigger a 'Straight Down' US Stock Plunge

The 'Big Short' investor sees the US market as a one-way bet on AI's success, with Alphabet's negative free cash flow an...

Yael Ben-David 👁 46 💬 0
Nvidia Makes ‘Substantial’ Investment in Ilya Sutskever’s AI Lab SSI
Technology

Nvidia Makes ‘Substantial’ Investment in Ilya Sutskever’s AI Lab SSI

Nvidia has formed a long-term alliance with Safe Superintelligence, founded by OpenAI co-founder Ilya Sutskever, making ...

Eitan Shapiro 👁 47 💬 0
How Apple Quietly Overtook Nvidia as the World’s Most Valuable Company
Companies

How Apple Quietly Overtook Nvidia as the World’s Most Valuable Company

Apple reclaimed the top spot by market cap not through a splashy AI product, but by convincing Wall Street that its asse...

Declan Byrne 👁 36 💬 0
Nvidia Invests in Safe Superintelligence, a Lab That Sells Nothing—and Plans to Stay That Way
Technology

Nvidia Invests in Safe Superintelligence, a Lab That Sells Nothing—and Plans to Stay That Way

Nvidia invests in Safe Superintelligence to secure a major chip customer and glimpse its secret research. The deal highl...

Eitan Shapiro 👁 49 💬 0
Nvidia Ready to Back OpenAI's $500B Data Centre Project with $250B in Guarantees
Companies

Nvidia Ready to Back OpenAI's $500B Data Centre Project with $250B in Guarantees

Nvidia is in talks to provide $250 billion in financial guarantees for OpenAI's massive data centre in Ohio, enabling th...

Declan Byrne 👁 39 💬 0
$950 Billion AI Chip Bonanza Fails to Rally SK Hynix, Samsung Shares
Technology

$950 Billion AI Chip Bonanza Fails to Rally SK Hynix, Samsung Shares

SK Hynix and Samsung signed supply deals worth $950 billion with Nvidia and Broadcom for AI memory chips, yet both stock...

Eitan Shapiro 👁 33 💬 0
Jensen Huang’s $75M Gift Names Vanderbilt’s New San Francisco College
Education

Jensen Huang’s $75M Gift Names Vanderbilt’s New San Francisco College

The NVIDIA CEO and his wife Lori have donated $75 million to Vanderbilt University’s future San Francisco campus, their ...

Rivka Stern 👁 56 💬 0
AMD Begins Full Production of Helios AI Servers, Secures OpenAI as Flagship Customer
Companies

AMD Begins Full Production of Helios AI Servers, Secures OpenAI as Flagship Customer

AMD's next-gen AI servers are now in full production and will start shipping by end of Q3, CEO Lisa Su announced, reveal...

Declan Byrne 👁 57 💬 0
Morningstar Names Antero, Lennar, and Nvidia Its Top New Buys for Q3 2026
Personal Finance

Morningstar Names Antero, Lennar, and Nvidia Its Top New Buys for Q3 2026

The research firm sees natural gas, homebuilding, and AI chip names trading below fair value as the third quarter kicks ...

Shira Katz 👁 32 💬 0
Infinity Lands $15M to Chip Away at Nvidia’s CUDA Moat with Universal AI Inference Software
Technology

Infinity Lands $15M to Chip Away at Nvidia’s CUDA Moat with Universal AI Inference Software

The startup, backed by Touring Capital and researchers from OpenAI and Anthropic, is building a self-optimizing inferenc...

Eitan Shapiro 👁 57 💬 0
China Launches WAICO, Open-Source AI Chip Stack as Xi Sets Global Rules Vision
Technology

China Launches WAICO, Open-Source AI Chip Stack as Xi Sets Global Rules Vision

29 nations signed a new AI cooperation body in Shanghai, while Alibaba open-sourced its SAIL chip software in a direct c...

Eitan Shapiro 👁 47 💬 0