NVIDIA is a semiconductor company best known for its GPUs, which are the primary compute hardware for training and running AI models. Its H100 and A100 chips power the majority of AI data centers worldwide.
China's quantitative fund industry ended 2025 managing 3.22 trillion yuan ($474 billion), rebounding from a 2024 low after regulators cracked down on high-frequency trading. Over 60% of quant funds no…
Yann LeCun's AMI Labs raised $1.03 billion at a $3.5 billion valuation to build AI systems that understand the physical world, arguing that current large language models cannot achieve human-level int…
Anthropic is in early-stage talks with Samsung Electronics to manufacture a custom AI accelerator chip, The Information reported on July 2, 2026. The move follows OpenAI's custom chip and reflects AI …
Anthropic is in talks with Samsung to manufacture a custom AI chip, aiming to address chip shortages and reduce reliance on Nvidia. The company has not yet determined the chip's specifications or use …
Robinhood launched the public mainnet of Robinhood Chain, an Arbitrum-powered Ethereum layer-2 designed to support AI agent trading and tokenized stocks, with integrations from BitGo, Chainlink, Unisw…
IEEE Spectrum reports that orbital data centers remain economically and technically impractical despite Elon Musk's predictions, citing massive scaling challenges in launch capacity, satellite manufac…
OpenAI has proposed giving the U.S. government a 5% equity stake worth $42.6 billion to ease political pressure, with CEO Sam Altman arguing it shares AI's benefits. The plan, discussed since early 20…
Palantir CEO Alex Karp suffered a nearly 20-minute meltdown during a live CNBC interview, veering off-topic to rant about the AI financial bubble and his inability to get a faculty job at Berkeley. Th…
World models, AI systems capable of understanding physical environments, have become a major focus in 2026, attracting billions in funding from investors. Startups like AMI Labs, World Labs, Runway, L…
Together AI raised $800 million in Series C funding at an $8.3 billion valuation, led by Aramco Ventures with participation from Nvidia and others. The company, which provides infrastructure for runni…
Michael Burry, famed for his 'Big Short' bet against the housing market, has taken short positions against Tesla, Caterpillar, and major chip stocks including Nvidia and Applied Materials, citing over…
Prologis plans to convert a 302,800-square-foot industrial building in San Jose into a data center and tech hub with 49 megawatts of power, potentially attracting companies like Nvidia. The project in…
Palantir CEO Alex Karp criticized OpenAI and Anthropic's token-based pricing model on CNBC, claiming enterprises face IP risks and wasted costs. The criticism coincided with Palantir's announcement of…
Michael Burry, the investor known for predicting the 2008 housing crisis, revealed new bearish bets against Tesla, Nvidia, Caterpillar, Applied Materials, and the iShares Semiconductor ETF, warning of…
Bank of America strategists warned that AI stock concentration has reached levels seen before previous market bubbles, with the 'AI Big 10' now comprising 41% of the S&P 500, similar to tech and telec…
Etched exited stealth on June 30, 2026, revealing a working AI inference chip built on TSMC's N4P process that already runs models like DeepSeek and Llama. The San Jose startup has raised $800 million…
Z.ai launched GLM-5.2, the first open-weight model to top the HuggingFace Open LLM Leaderboard and beat proprietary coding products on SWE-bench Verified with a 72.3% score. Trained on Huawei Ascend h…
Taiwanese authorities detained workers from Super Micro in a probe into the illegal diversion of Nvidia's advanced AI chips to China, seizing 50 high-end servers. This marks Taiwan's first public enfo…
AI video startup Higgsfield, founded in 2023, is in talks to raise $300mn to $500mn at a $5bn valuation, quadrupling its January worth. The company has reached a $500mn annualized revenue run rate, dr…
Big Tech's first half saw hardware stocks surge while software stocks struggled, with Micron rising 308%, Intel 280%, and AMD 173%, as Meta fell 15% and Microsoft 23%. Wall Street remains bullish on A…