Archive snapshot · AI
Tue, Aug 11, 9:36 PM ET
Nvidia partners with Wall Street giants to raise $500B for AI infrastructure
Nvidia is working with BlackRock, Goldman Sachs, KKR and other asset managers to mobilize $500 billion for AI data center financing, with CEO Jensen Huang calli
Reuters · +15 outlets
TSMC July revenue surges 45% to record $14.5B on AI chip demand
Taiwan Semiconductor posted a record month as unrelenting AI chip demand drove July sales up 44.7-45% year-over-year, signaling robust semiconductor demand.
finance.biggo.com · +7 outlets
SMCI stock soars after-hours as Supermicro revenue outlook crushes estimates
Super Micro Computer's Q1 and FY27 revenue guidance blew past analyst expectations, underscoring sustained AI spending momentum.
TradingView · +7 outlets
CoreWeave Q2 revenue more than doubled to $2.58B on AI demand, stock surges 12%
CoreWeave reported revenue more than double year-over-year as AI cloud demand explodes, though $35 billion in debt raises concerns about the company's leverage.
Startup Fortune · +6 outlets
Broadcom reaffirms $100B AI chip revenue forecast, stock surges 24% YTD
CEO Hock Tan reiterated Broadcom's $100 billion AI chip revenue outlook, with six customers accounting for nearly all of it as custom AI silicon demand accelera
The Globe and Mail · +4 outlets
Google Gemini app reaches 1 billion users
Google announced its Gemini chatbot has hit one billion users, with 63% using voice features and the platform generating over 150 million images daily.
AI News & Artificial Intelligence · +14 outlets
Intel raises $20B in stock sale to fund AI chip push
Intel is raising $20 billion through a stock offering as it invests heavily to compete with Nvidia in the AI chip market, though its stock remained flat.
finance.biggo.com · +14 outlets
OpenAI launches ChatGPT desktop app for Linux
OpenAI is finally bringing a dedicated ChatGPT desktop application to Linux operating systems after years of user requests.
AI News & Artificial Intelligence · +14 outlets
OpenAI COO Brad Lightcap leaving to 'start something new'
One of OpenAI's longest-serving executives, COO Brad Lightcap, is departing to pursue a new venture, telling staff he wants to advance the mission from a differ
AI News & Artificial Intelligence · +14 outlets
General Catalyst leads $1.1B round into 2-month-old River AI
River AI, founded by xAI co-founder Igor Babuschkin, raised $1.1 billion for personal AI agents just two months after its founding.
AI News & Artificial Intelligence · +2 outlets
OpenAI completes $7B employee tender offer
OpenAI reportedly completed a $7 billion secondary sale allowing employees to cash out shares, reflecting the company's soaring valuation.
AI News & Artificial Intelligence · +14 outlets
Microsoft plans September launch of Maia 300 AI chip
Microsoft is preparing to unveil its next-generation Maia 300 AI accelerator chip in September, expanding its in-house silicon efforts.
malaysiasun.com · +14 outlets
Big Four tech giants raise AI capex target to $745B, call it 'still early innings'
The four largest hyperscalers have boosted their collective AI capital spending target to $745 billion for 2026, signaling no let-up in infrastructure investmen
finance.biggo.com · +1 outlets
Goldman says both AI bulls and bears overestimate economic impact of spending
Goldman Sachs argues that both optimistic and pessimistic views on AI's economic returns from the big tech spending boom are exaggerated.
Tekedia
Oracle plans new round of layoffs this month, sources say
Business Insider reports Oracle has drawn up plans for additional job cuts this month, continuing its restructuring.
Business Insider · +14 outlets
Anthropic unreleased model makes progress on Riemann hypothesis
Anthropic's latest unreleased AI model made partial progress on the 150-year-old Riemann hypothesis, one of mathematics' biggest unsolved problems.
AI News & Artificial Intelligence · +4 outlets
Riot Platforms pivots to AI, signs $9.1B deal with Anthropic, sells Bitcoin to fund it
Bitcoin miner Riot Platforms is shifting into AI compute services, striking a $9.1 billion deal with Anthropic and selling Bitcoin holdings to finance the trans
TradingView · +12 outlets
Accel closes oversubscribed $550M India fund within weeks
US VC firm Accel raised a $550 million India-focused fund rapidly, still holding over 55% of its previous $650 million India fund undepoloyed.
AI News & Artificial Intelligence · +2 outlets

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