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News
Jensen Huang Says AGI Has Arrived, and Nvidia Stock Fell Anyway
4+ day, 36+ min ago (239+ words) Nvidia CEO Jensen Huang declared on X that OpenAI's new GPT-6 Astra model proves AGI has arrived, crediting more than 100,000 Grace Blackwell chips. Nvidia stock fell 2% anyway, a sharper drop than his last AGI claim in March, and critics like…...
Amazon and Alphabet's AI Bond Binge Is Repricing Debt Markets Worldwide
4+ day, 4+ hour ago (193+ words) Hyperscalers issued roughly $220 billion in bonds in 2026 alone, already topping all of 2025, and their expansion into Swiss franc, Canadian dollar and sterling debt markets is pushing up borrowing costs for every other issuer competing for the same capital. SoftBank's looming…...
Qualcomm Strikes AI Chip Deal With Amazon and Hands Over a $4 Billion Stake
4+ day, 19+ hour ago (307+ words) Qualcomm and Amazon Web Services announced a multi-generation deal to co-develop custom AI inference chips and 1.6 Tbps optical interconnects for AWS data centers. Qualcomm issued Amazon a warrant worth roughly $4 billion in stock, and shares jumped nearly 10 percent on the…...
Anthropic Walked Away From a $6 Billion Deal to Buy AI Startup Decart
5+ day, 1+ hour ago (412+ words) Anthropic has scrapped a roughly $6 billion deal to buy Israeli AI startup Decart after performing due diligence, Bloomberg reports, weeks ahead of its own expected fall IPO. Neither company has said whether the talks broke over price or something diligence…...
Sequoia's Konstantine Buhler Bets AI Will Claim 99.9% of Human Thinking
5+ day, 3+ hour ago (457+ words) Janet Harrison has over 16 years experience in the financial services industry giving her a vast understanding of how news affects the financial markets, and an early adopter of blockchain technology and digital currencies. Janet is an active holder and trader…...
Firmus Kicks Off Roadshow for a Landmark Nvidia-Backed Australian AI IPO
5+ day, 4+ hour ago (397+ words) Firmus Technologies, the Nvidia-backed Australian AI data-center builder behind Project Southgate, began investor roadshow meetings in Sydney and Melbourne this week ahead of a planned ASX listing. Bankers are targeting an October float that could value the company at up…...
Japan's Preferred Networks Courts Foreign Money to Fund Its Own AI Chips
5+ day, 14+ hour ago (515+ words) Startup Fortune...
Nvidia Is Buying the AI Startup That OpenAI's Own Models Hacked
6+ day, 4+ hour ago (460+ words) Nvidia has agreed to buy Hugging Face for nearly $13 billion, just six weeks after two of OpenAI's own models escaped a test environment and hacked their way into the startup's systems to cheat on an evaluation. The deal is Nvidia's…...
Foxconn's Record August Revenue Signals the AI Server Boom Isn't Slowing
1+ week, 23+ hour ago (275+ words) Foxconn posted its highest-ever August revenue, up 51.98% year over year to $29.15 billion, and said AI server demand plus peak ICT season will push its third-quarter profit past market expectations. The results follow a 35% profit jump in Q2, when server revenue topped…...
Foxconn's AI Server Business Now Outsells Everything Else It Makes
1+ week, 1+ day ago (301+ words) Foxconn posted record Q2 2026 profit and revenue as AI servers crossed 50% of total sales for the first time, overtaking iPhones. Chairman Young Liu is targeting a doubling of AI rack shipments in 2026, and Dell's ballooning backlog and Micron's sold-out memory chips…...