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Nvidia shares climbed nearly 7% after its earnings beat, while Bitcoin crossed $80,000 and AI infrastructure stocks advanced.
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NVIDIA reported $96.2 billion in Q2 revenue, beat Wall Street estimates and projected $108 billion for fiscal Q3.
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OpenAI has signed a 20-year lease for 4.25 gigawatts of initial AI capacity at an Ohio data center supported by up to $105 billion in guarantees from Nvidia. Nvidia’s Aug. 17 announcement said OpenAI will use the PORTS-Pike Technology Campus…
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Firmus, a former Bitcoin mining company that has repositioned itself as an AI infrastructure provider, has secured $2 billion in new equity funding, lifting its post-money valuation above $10.5 billion as it expands AI factory projects across Australia and the…
BTC
Bitcoin
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SpaceX has expanded its partnership with NVIDIA to power Starmind, a proposed network of orbital data centers designed to process artificial intelligence workloads in space. SpaceX adds NVIDIA chips to Starmind network SpaceX plans to equip its Starmind satellites with…
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A decade of tokenized equity pitches promised global access to American stocks. The use case that finally moved volume is pairing them against memecoins on a brokerage’s own chain, and it just pushed Robinhood Chain past Solana in tokenized stock…
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Nvidia, Meta and Microsoft have joined 22 other organizations in warning U.S. policymakers that sweeping controls on open-weight AI models could weaken American leadership as competition with China intensifies. The open letter has called for targeted legal and commercial measures…
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President Donald Trump has promoted more than 20 companies, including Nvidia, Tesla and Apple, within days of purchasing their shares, according to a CNN investigation. CNN found that several Truth Social posts announced or praised government actions that could benefit…
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Sam Altman has unveiled OpenAI’s first custom-built AI chip, Jalapeño, as the company moves to reduce its reliance on third-party hardware and strengthen control over the infrastructure powering its artificial intelligence products. According to OpenAI, the company has developed its…
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Nvidia has raised the stakes in the artificial intelligence infrastructure race with plans to borrow at least $20 billion from debt markets, a move that comes as Bitcoin miners increasingly reposition themselves as AI and high-performance computing providers. According to…
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Neura Robotics has secured up to $1.4 billion in Series C financing to expand its humanoid robotics technology. The German company attracted backing from Tether, Qualcomm, Amazon, Nvidia, Bosch, Schaeffler, and the European Investment Bank. The funding places Neura in…
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Nvidia has announced new South Korean partnerships with SK Hynix, Naver, SK Telecom, Doosan Group, LG Group, and Hyundai Motor Group. The agreements came during CEO Jensen Huang’s visit to South Korea, where he met several corporate leaders. The companies…
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Nvidia CEO Jensen Huang has declined a Senate Banking Committee invitation to testify about the company’s China business. Sen. Elizabeth Warren invited Huang to appear at a Thursday hearing on American AI development and technology leadership. Huang said he could…
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Apple has advanced plans to use Nvidia’s Blackwell B200 chips in Google data centers for its long-delayed Siri overhaul. The Information reported that Apple plans to route cloud-based Siri requests through Google’s Nvidia-powered infrastructure after tests on its own Private…
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Bitcoin slid under $77K as ETF outflows, Fed minutes, jobs data and Nvidia earnings set up a volatile week for crypto markets this week now
BTC
Bitcoin
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IREN closed a $3B convertible notes offering as the Bitcoin miner turned AI cloud firm funds growth after Nvidia and Microsoft deals.
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