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FOUND: 29 - You Need To See This

This Nvidia-Backed AI Play Is Booming, But the Valuation Is Hard to Ignore

Nebius is building one of the fastest-growing AI cloud platforms, but high growth comes with a premium price tag.

Barchart

AMD Shares Crash Despite Q2 Beat as AI Spending Soars and Gaming Revenue Slumps

AMD stock fell as its Q2 beat was overshadowed by rising capex, gaming revenue declines, and Elon Musk declaring that SpaceX will fully commit to Nvidia over space data centres plans.

International Business Times UK

Elon Musk says SpaceX will exclusively use Nvidia GPUs 'because they are the best' — says optimized Vera Rubin NVL72 will be launched into space next year

Elon Musk's SpaceX and xAI will exclusive use Nvidia AI accelerators for training and inference as companies believe Vera Rubin is the best AI compute architecture available today.

Tom’s Hardware

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Frore claims its LiquidJet can drop Nvidia Rubin GPU temperatures by 10°C — can also boost performance by 15% as hyperscalers eye using delidded GPUs in production environments

As cooling becomes a crucial element for economic efficiency of AI data centers, Frore claims that using is LiquidJet coldplate could increase efficiency of token generation by 15%.

Tom’s Hardware

"This feels like a Spider-Man meme" - RTX 5090 buyer beats Asus' price hike via Nvidia's website, but no one wants to honor the order

Nvidia has allegedly cancelled an RTX 5090 order due to Asus price hikes, as the GPU pricing should have already been changed.

GamesRadar

SpaceX Is 'Exclusive to Nvidia' for All Future AI Systems on Earth and in Space, Musk Says

SpaceX's stock dropped nearly 10% despite a surge in Q2 revenue and AI earnings. Explore the impact of rising AI capital expenditure and the upcoming insider share-lockup expiry on the stock market.

International Business Times UK

'The Big Short' Investor Michael Burry Holds His Ground on Nvidia, Tesla and Other Shorts— Warns Of 1987-Style Crash: 'It Is Possible We Are Near...'

Michael Burry, famed for predicting the 2008 financial crisis, is maintaining his bearish stance despite the S&P 500 hitting record highs, warning that the market rally could still end in a steep sell-off.

Benzinga

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Never said ‘good job’: Jensen Huang reveals the Asian parenting lesson that helped shape Nvidia’s CEO

Nvidia CEO Jensen Huang reveals how his Asian upbringing, where constant criticism replaced praise, shaped his approach to feedback, leadership and success. "Once you've been raised by Asian parents, you need therapy for life," he said.

The Economic Times

AMD forecasts strong revenue growth on AI chip demand, but investors seek bigger gains

AMD Earnings Report: AMD beat quarterly revenue and earnings estimates while forecasting stronger-than-expected Q3 sales, driven by AI chip demand. However, the stock fell after investors expected an even stronger outlook.

The Economic Times

Trump admin to review 'closed' AI models before release: reports

The Trump administration on Tuesday met with tech leaders to finalize a security review process for advanced AI models before their release, though it will apply only to "closed" models, US media reported. According to Axios, the review process will only apply to closed models that are tightly controlled by…

The Economic Times

AMD's AI-powered revenue forecast fails to wow investors

Yet, its shares fell nearly 9% in extended trading, suggesting that investors were looking for an even stronger outlook after the stock more than doubled this year spurred on by AI optimism.

The Economic Times

'Battlefield 6' Update 1.4.1.5 Fixes RTX Crashes, Battle Royale Bugs, and Gameplay Issues

"Battlefield 6" update 1.4.1.5 fixes RTX crashes, Battle Royale bugs, weapon issues, and vehicle glitches, improving stability after Season 4.

Player One

Trump advisers tell AI firms they will not safety-test open-weight models

Open models, including Nvidia's Nemotron and Meta's Llama, are AI systems with publicly accessible core components. Closed models are controlled by specific companies. Major U.S. developers of closed models are OpenAI, Google ‌and Anthropic.

The Economic Times

Cathie Wood Cashes in on Palantir's 29% Pop as Ark Sells $6.4 Million Worth of Shares — Doubles Down on Spotify After Its Earnings Miss

On Tuesday, Cathie Wood-led Ark Invest executed notable trades involving Palantir Technologies Inc. (NASDAQ:PLTR) and Spotify Technology S.A. (NYSE:SPOT).

Benzinga

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The Economic Times

Nvidia bets on Sarvam AI; Sidbi eases fund rules for VCs

Happy Wednesday! Sarvam’s Pratyush Kumar has confirmed adding Nvidia to the AI startup’s captable. This and more in today’s ETtech Morning Dispatch.

Fortune

Elon Musk says SpaceX data centers will crush competitors because its rocket scientists are like the Yankees ‘playing a Little League team’

Musk said the rocket scientists behind SpaceX’s reusable rockets give the company an edge in building AI data centers as rivals race to expand compute capacity.

Fortune

White House won’t publicly release AI model evaluation framework it reviewed today with Meta, Nvidia, Microsoft, OpenAI, Anthropic, variety of smaller companies

It’s unclear why the administration is keeping the framework under wraps, especially following a series of hacks from OpenAI and Anthropic that have spooked the public.

TechRadar

Steam survey shows GPUs with 16GB are now the most popular graphics cards — and that really doesn't bode well for gamers' wallets

With more GPU price hikes apparently inbound, gamers are going to struggle to get the VRAM they crave.

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Barchart

This Analyst Just Cut His Price Target on Dell Stock. Here's Why.

GF Securities has lowered its price target on Dell stock. Here’s why analyst Evan Lee recommends unloading DELL shares at current levels.

MarketBeat

The AI Chip Blockade Is Creating a Shadow Market

US export controls have spurred a multi-billion-dollar AI chip gray market in Southeast Asia, with firms like Moonshot and Alibaba using proxy cloud access to secure NVIDIA-based compute.

The Economic Times

AI cloud startup Volta valued at $2.4 billion, announces $10 billion AI partnership

Volta Infra, a new AI startup, secured a significant cloud contract. This deal is reportedly with Anthropic for European cloud computing services. The company also launched a substantial AI infrastructure program for factories. Volta Infra raised substantial seed and Series A funding from major investors. This expansion aims to meet…

International Business Times

China Is Winning The Open AI Race, Hugging Face CEO Says. Warns U.S. Risks Falling Behind Without More Collaboration

Hugging Face CEO Clément Delangue said China has emerged as the leader in open-weight AI models and could match or surpass U.S. frontier AI labs within the next year.

Windows Central

This eGPU hack proved Snapdragon laptops can game with an RTX GPU, but developers need to catch up

Creators were able to connect an NVIDIA RTX 4060 to an ASUS Zenbook A16 with a Snapdragon X2 Elite Extreme. Is this a glimmer of hope for Windows on Arm gaming or just a clever workaround?

Tom’s Hardware

New HBF spec outlines tech that can give GPUs terabytes of extra memory — Sandisk and SK hynix unveil spec with up to 16-Hi NAND stacks, 3 TB/s bandwidth, UCIe

Sandisk and SK hynix formally introduce HBF specification that promises up to 3 TB/s of bandwidth eventually, though only four companies are currently interested in the technology.

The Conversation

How four Asian economies are positioning themselves for the AI age

The global AI race is usually portrayed as a contest between the US and China. But another story is unfolding across east Asia, where countries such as Taiwan, South Korea, Japan and Vietnam are looking to command key parts of the AI value chain.

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