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RARE PHOTOS: 22 | Vintage Vibes

Anthropic Reportedly Eyes $6 Billion Deal For Nvidia-Backed Decart AI Ahead Of Its IPO

The Claude maker is considering its largest acquisition yet as it seeks technology that could help lower the computing costs of running AI models.

International Business Times

US stocks: Cerebras slumps 12% as mixed quarterly results test AI growth narrative

Cerebras Systems experienced a notable drop in its shares after falling short of key financial projections. Although its cloud revenue saw a remarkable increase, hardware sales faced a downturn, sparking concerns regarding the competitive edge of its AI chip sector. Analysts pointed out difficulties in scaling operations effectively to satisfy…

The Economic Times

Fortune Tech: Nvidia's creative capital; Apple's political strategy, Google DeepMind drama

In today's edition: Nvidia's creative capital; Apple's political strategy, Google DeepMind drama, vibecoding, Uber, Sam Altman, and wearables.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

Elon Musk says xAI will increase data center capacity 7x by 2027 — targeting 10 gigawatts of compute, up to $500 billion in revenue by the end of next year

Elon Musk expects xAI to increase its nameplate power draw to 10 GW by late 2027, which will increase its performance by orders of magnitude what is available to AI today.

Tom’s Hardware

Jensen Huang Says Nvidia’s 2020 A100 GPUs Can Stay ‘Mission-Capable’ Through 2029—Here’s Why It Matters for the AI Boom

Nvidia Corp. (NASDAQ:NVDA) CEO Jensen Huang said Wednesday that the company’s older AI chips can remain economically useful for nearly a decade, pushing back against concerns that rapid advances in AI could quickly make GPUs obsolete.

Benzinga

L&T bags mega ₹10,000-15,000 crore order to build India’s largest NVIDIA B300 AI factory

Larsen & Toubro will build India's largest AI infrastructure for Together AI. This mega order involves deploying ten thousand NVIDIA B300 GPUs in Chennai. The project marks L&T's significant entry into the AI Factory business sector. This facility will support large-scale AI training and inference workloads. The AI Factory is…

The Economic Times

'Oblivion Remastered' on Switch 2 Is Making Players Ask for More Updates, But Why?

"Oblivion Remastered" on Switch 2 runs well with new optimizations, prompting Bethesda to consider bringing similar improvements to PS5, Xbox, and PC.

Player One

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‘The Big Short’ Investor Michael Burry Says Stock Market’s Unusually Long Stretch Without a Broad Selloff Could Be a Warning Sign — And He Has One Simple Message for Investors: ‘Avoid the Leverage’ (UPDATED)

Editor’s Note: The story has been refreshed with the latest market price action and a revised headline.

Benzinga

Nvidia found a new way to keep the AI boom funded: your retirement money

A $500 billion Wall Street push could route insurance and pension capital into GPU-backed infrastructure as Big Tech leans harder on debt.

Fortune

Quote of the day by NVIDIA CEO Jensen Huang: "Moore's law is dead. It's completely over" — Will GPUs ever be affordable again?

Prices climb as Moore's Law seemingly dies, and AI demand rises, all while NVIDIA dominates. PC builders are left wondering if affordable GPUs will ever return.

Windows Central

CoreWeave proves Nvidia's aging AI GPUs from 2020 can generate profit nine years after deployment, signs A100 contracts into 2029 — power constraints and legacy infrastructure keep old GPUs profitable

CoreWeave reported $2.58 billion in quarterly revenue, up 112% year over year.

Tom’s Hardware

Mark Cuban Warns Nvidia Is 'Funding Everyone' in the AI Boom. IREN Stock Proves His Point.

Nvidia has committed billions to IREN, but can the company fund its AI buildout without overextending itself?

Barchart

Why IBM Stock Looks Like a Very Promising Long-Term Pick

The tech giant has multiple, highly promising initiatives and a winning CEO.

Barchart

Rogue AI Agents Are Raising Alarms. Tech Giants Are Proposing a New System to Track Them.

The Open Secure AI Alliance is developing the Shared AI Findings Exchange, a proposed incident-reporting framework designed to give the industry a common way to document rogue AI incidents.

International Business Times

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Benzinga

CoreWeave Is Making Old Nvidia Chips Look New Again

Wall Street’s AI conversation has become fixated on Nvidia Corp‘s (NASDAQ:NVDA) newest chips. CoreWeave, Inc. (NASDAQ:CRWV), however, used its second quarter earnings call to make a different point: older GPUs may have far more earning power than investors think.

PC Gamer

Nvidia reckons new $500 billion investment should allay fears AI companies are just funded by the same pot of cash moving around in one big circle. Reassured yet?

Still seems like a big bubble to me, though.

International Business Times UK

Cathie Wood's ARK Invest Buys Nvidia Dip, Loads Up on Broadcom; Deere Stake Cut by $37M

Cathie Wood's ARK Invest ramped up its stakes in Nvidia and Broadcom amid the ongoing AI infrastructure expansion, while reducing its position in Deere by $36.8 million.

International Business Times UK

Jensen Huang, Larry Page, and Sergey Brin Lose $27B Combined; Musk and Zuckerberg Grow Richer

Elon Musk and Mark Zuckerberg's fortunes soared, while Larry Page and other tech billionaires faced steep losses on the Forbes list, highlighting tech stock volatility.

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Benzinga

UPDATED: NVIDIA-Backed Nebius Says AI Capacity Demand Is So Hot It Could Sell Out 2027 Today

Editor’s Note: This story has been updated to correct the adjusted EPS figure.

The Economic Times

CoreWeave boosts 2026 spending plan, beats quarterly estimates on AI demand surge

The AI cloud company also lifted its targets for 2026 revenue and adjusted profit, ‌banking on ⁠a ballooning ⁠order book, after its revenue backlog topped $100 billion in the June quarter.

Benzinga

Michael Burry Calls Nvidia’s $500 Billion AI Financing Push a ‘Wall Street Stunt’: ‘Meet the New Boss…'

Famed investor Michael Burry has targeted Nvidia Corp.’s (NASDAQ:NVDA) push to unlock over $500 billion in artificial intelligence infrastructure financing, calling the initiative a “Wall Street stunt” that relies on opaque private credit arrangements.

The Economic Times

Nvidia partners with Wall Street giants to raise $500 billion for AI buildout

Nvidia signed memorandums of understanding with Apollo, BlackRock, Blackstone, ⁠Brookfield, Goldman Sachs and KKR for the financing platforms. Nvidia CEO Jensen Huang said on ‌X that the ⁠company ⁠has the option to backstop up to $125 billion, or 25% of the potential deals.

The Economic Times

Foxconn posts quarterly profit surge on AI server demand

The company said net profit for April-June reached NT$59.97 billion ($1.86 billion), up 35% from the previous year. Foxconn, whose official name is Hon Hai Precision Industry, has gone beyond assembling low-margin iPhones to making AI servers for US tech giant Nvidia, along with electric vehicles and robots.

Tom’s Guide

I tested the HP HyperX Omen 16 Valorant Edition — and it's possibly the best way to experience the shooter

The HP HyperX Omen 16 Valorant Edition is a powerful gaming laptop that is perfect for playing Valorant, though its tight keyboard is a detraction.

Fortune

Kalshi's CEO is racing to build a futures market for AI's most precious resource, which could be worth $100 trillion by 2030

Compute is the new oil—but building its futures market may be just as messy.

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