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Elon Musk announced a 500-megawatt xAI data center in Saudi Arabia, built with HUMAIN AI and powered by Nvidia chips, expanding the company’s global compute footprint.
Anthropic is committing $30 billion in Azure compute as part of a major new partnership with Microsoft and Nvidia, expanding Claude and deepening collaboration on AI infrastructure.
Billionaire Peter Thiel sold his entire stake in Nvidia, totaling nearly $100 million, amid fears of an AI-driven tech bubble and rising concerns over inflated valuations in the sector.
Anthropic will spend $50 billion on custom AI data centers in Texas and New York, partnering with Fluidstack to boost U.S. compute capacity and support its long-term research.
WisdomAI, the AI analytics startup founded by Rubrik co-founder Soham Mazumdar, has raised a $50 million Series A led by Kleiner Perkins with Nvidia’s NVentures joining in. The startup says its AI system eliminates hallucinations by using LLMs only to write data queries—not answers.
nvestor Michael Burry alleges that major AI infrastructure firms are overstating profits by extending chip depreciation timelines, potentially inflating industry earnings by $176 billion.
SoftBank has sold its entire $5.83 billion stake in Nvidia to help fund a $22.5 billion investment in OpenAI, part of its broader push into artificial intelligence and advanced robotics.
Tesla CEO Elon Musk said the company will likely build its own massive chip manufacturing facility to meet rising AI demand — and suggested Intel could be a potential partner.
Nvidia CEO Jensen Huang revised remarks about China’s AI lead, stressing that the U.S. can stay competitive by accelerating development and maintaining global reliance on Nvidia chips.
Google is making its seventh-generation TPU, called Ironwood, publicly available as it aims to win more AI infrastructure business and challenge Nvidia’s dominance in model training and deployment.
Stanford professor Stefano Ermon’s startup Inception secured $50 million to expand diffusion-based AI for software development, aiming to reduce latency and compute costs.
Nvidia CEO Jensen Huang clarified remarks suggesting China would win the AI race, saying the U.S. can stay ahead by innovating faster and empowering global developers.
Nvidia and Deutsche Telekom agreed to a €1 billion partnership to build an AI factory in Munich, aiming to increase Germany’s AI computing power by 50% using Blackwell-based systems.
Deutsche Telekom and NVIDIA will launch a €1 billion AI cloud in Munich by early 2026, featuring 10,000 Blackwell GPUs and SAP software to power industrial and public sector applications.
HSBC and General Atlantic executives caution that AI investments are accelerating faster than revenue, creating risks of overvaluation and slow productivity gains.