Qualcomm Stock Jumps on Multi-Generation AI Chip Deal With Amazon
Qualcomm shares rose about 10% after the company announced a multi-generation deal to build custom AI inference chips and optical networking for Amazon’s data centers.
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Qualcomm shares rose about 10% after the company announced a multi-generation deal to build custom AI inference chips and optical networking for Amazon’s data centers.
French AI startup Mistral AI has closed a €3 billion Series D round at a valuation of approximately $24 billion, the largest equity fundraise by a privately held European technology company.
Nvidia CEO Jensen Huang has declared that artificial general intelligence has arrived, citing OpenAI’s GPT-6 Astra as a milestone in AI development.
Sam Altman confirmed OpenAI will build humanoid robots, ending years of speculation and putting the company in direct competition with the hardware makers it once backed.
AI training-data startup AfterQuery reportedly hit a $3.2 billion valuation, a tenfold jump in five months, becoming Y Combinator’s fastest company ever to reach unicorn status.
Nvidia officially agreed to buy Hugging Face for $12.93 billion, with CEO Jensen Huang pledging the open-source AI platform will stay open to all hardware and clouds.
OpenAI has reportedly purchased tens of thousands of Mac mini and Mac Studio units for reinforcement learning and computer-use agent training, with Anthropic separately renting Apple silicon capacity through AWS.
Anthropic agreed to a $35 billion, six-year computing deal with Nvidia-backed Lambda, its latest megadeal in a compute-buying spree that has topped $150 billion this year.
Nvidia has reportedly agreed to acquire open-source AI platform Hugging Face for $12.9 billion, though no signed deal is confirmed and talks could still fall apart.
Anthropic opened a research preview of the Model Hardware Standard, letting AI agents operate lab and factory equipment like microscopes and robotic arms in its first physical-world product.
Nvidia is building hardware optimizations for Chinese AI models like DeepSeek and Qwen, even as it warns regulators that US restrictions on such models could hurt its business.
King Slide Works, once known for cabinet hinges, now dominates the market for AI server rack rails, making founder Lin Tsung-chi Taiwan’s richest person.
OpenAI’s first custom inference chip, Jalapeño, delivered up to 1.9 times more work per watt and far lower latency than rival systems, with AI accelerating its own design.
Nvidia is in talks to invest in Perplexity at a valuation above $30 billion, a 50% jump from a year ago, as the AI search startup’s revenue triples on its new agent product.
Hugging Face is reportedly exploring a sale valuing it at $13 billion or more, nearly triple its 2023 valuation, though no deal has been reached and no buyer identified.