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Nvidia Rallies as Amazon Boosts AI Spending to $220 Billion
Nvidia shares rose Friday following Amazon’s positive outlook for the chipmaker. Amazon increased its full-year capital expenditure forecast to $220 billion...
Nscale to acquire Anyscale for $1.65B, building full-stack AI platform
UK-based AI cloud provider Nscale has agreed to acquire software startup Anyscale for approximately $1.65 billion. The deal merges Nscale’s physical data...
🟢 NVIDIA is trading 3.6% up today as chips rebound from recent sell-off
NVIDIA is trading 3.6% up at $197.04 as the semiconductor sector rebounds from a sharp sell-off earlier this week. • The broader semiconductor sector is...
Reflection AI delays flagship model, risking its $25 billion valuation
Reflection AI faces mounting pressure to release its promised open-source artificial intelligence model. Former Google DeepMind researchers founded the startup...
Nvidia cuts Vera Rubin memory and hikes prices, citing surging costs
Nvidia is modifying its hardware specifications and pricing to offset surging memory expenses. Wedbush reports the company halved memory capacity on specific...
SK Hynix Hits Record Profit on AI Boom, Missing Analyst Estimates
SK Hynix reported record-breaking second-quarter results driven by surging demand for AI data center memory chips. Revenue reached 79.3 trillion won ($54.34...
NVIDIA secures $50 billion Texas data center lease, controlling AI infrastructure
NVIDIA is the tenant behind a massive data center lease at Hut 8’s Beacon Point campus in Texas. The 15-year agreement carries a base value of $19.6...
Moonshot AI Seeks More Nvidia Blackwell Chips Despite US Smuggling Claims
Chinese startup Moonshot AI is pursuing additional Nvidia Blackwell processors for its upcoming Kimi K4 model. Reports indicate the company previously used...
Nvidia Employee Detained in Taiwan, Allegedly Smuggled AI Chips to China
Taiwanese prosecutors detained an Nvidia employee following a July 24 search of the individual's home and office. The suspect faces allegations of forgery and...
Nvidia reportedly signs $50B Hut 8 lease, securing massive AI capacity
Nvidia reportedly signed leases worth up to $50.2 billion for a Texas data center. The Financial Times identified Hut 8’s 1-gigawatt Beacon Point campus as the...
NVIDIA predicts 10x chip industry expansion for 100 billion AI agents
NVIDIA CEO Jensen Huang projected a tenfold expansion of the semiconductor industry over the next decade during a July 27, 2026, Bloomberg interview. This...
🔴 NVIDIA is trading 4.2% down today on China chip breakthrough and AI profit-taking
NVIDIA is trading 4.2% down at $199.08 as part of a broad semiconductor pullback triggered by reports of a chipmaking breakthrough in China and profit-taking...
Nvidia invests in Sutskever’s SSI, granting access to Vera Rubin platform
Nvidia entered a long-term strategic partnership with Safe Superintelligence Inc. (SSI). Former OpenAI chief scientist Ilya Sutskever co-founded the AI...
Nvidia forms AI security alliance, following rogue agent attack
Nvidia launched the Open Secure AI Alliance with over 30 technology partners, including Microsoft, IBM, Dell, Adobe, and Hugging Face. The coalition aims to...
DeepSeek pauses $1.4 billion funding round, following leaked founder comments
Chinese AI startup DeepSeek suspended its second funding round after founder Liang Wenfeng’s comments leaked online. Liang reportedly paused the process due to...
Nvidia Negotiates $250 Billion Financing Guarantee for OpenAI Ohio Data Center
Nvidia is currently negotiating with OpenAI to provide $250 billion in financial guarantees for a massive infrastructure initiative in Ohio. These guarantees...
NVIDIA's $500 Billion Korean Bet Locks In Its Supply Chain — But Can a Letter of Intent Move the Stock?
Shares barely budged as NVIDIA unveiled what CEO Jensen Huang called "half a trillion dollars' worth of business" with South Korea's SK Group — a massive vote...
NVIDIA and SK Group Form $500B AI Alliance, Expanding Global Infrastructure
NVIDIA and SK Group launched a partnership valued at over $500 billion to expand global AI infrastructure. SK Telecom will construct a 2-gigawatt AI factory...
Anthropic to Build Custom AI Chips, Requests Supply From SK Hynix
SK Group Chairman Chey Tae-won confirmed AI developer Anthropic plans to produce custom semiconductor chips. Chey announced the move at an AI event in San...
NVIDIA Donates Blackwell Supercomputer to Navy, Pentagon’s Most Powerful AI System
NVIDIA donated a DGX GB300 AI supercomputer to a nonprofit supporting the U.S. Naval Postgraduate School (NPS) in Monterey, California. This installation marks...