Articles by Dennis Singleton
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Chinese AI lab Zhipu claims its domestic chips match Nvidia on per-token cost
The Chinese lab's first interim-results announcement as a listed company put a cost-parity claim against Nvidia GPUs in an exchange filing. The English translation also overstates what the Chinese says.
Anthropic is hiring someone to make build-vs-buy calls on payments. Stripe supplies much of the stack today.
Anthropic's public job ad asks a staff engineer to decide where to extend third-party payment platforms and where to build its own. Stripe's own case study shows how much there is to decide about.
G42 is exploring US majority ownership. Its license-free chip access expires April 6, 2027.
Bloomberg reports G42 has held talks about selling control to a US buyer. The export rule that names the company sets a hard date of April 6, 2027.
Tesla (TSLA) opened Cybercab rides to the public in Austin, a day after NHTSA opened an audit into the car
Public rides started at 2 p.m. Central, moved up for demand. The car has no steering wheel, pedals or mirrors, and a federal audit of how Tesla certified it opened the day before.
Moonshot AI weighs up to $5 billion Hong Kong IPO
Moonshot AI is considering raising $3 billion to $5 billion in a Hong Kong IPO as soon as this year, Bloomberg reported. The Kimi maker has filed confidentially and added Bank of America as overall coordinator. Alibaba (BABA) and Tencent (TCEHY) are both backers.
Research Innovations wins Army contract worth up to $99.5 million for Nvidia-powered Dragonfly sensors
The Army awarded Research Innovations Inc. a contract worth up to $99,529,577 to build and sustain Dragonfly spectrum sensors, and received 95 bids for the work. Dragonfly weighs 3.5 pounds and classifies signals onboard using an Nvidia (NVDA) RTX A4500 graphics processor.
Meta (META) CEO Zuckerberg told Trump a national AI regulator is flawed, Business Insider reports. It's his second push against AI review this year.
Business Insider reports that Mark Zuckerberg told President Trump in a private August call that a proposed FINRA-style AI regulator was a flawed idea, arguing even a month of delay would cost the U.S. its lead over China. The Treasury-backed plan is still under White House review.
OpenAI launches GPT-6 Astra with higher prices and critical cyber capabilities
OpenAI began rolling out GPT-6 Astra on September 3 and president Greg Brockman closed the press briefing with 'welcome to the AGI era.' The model costs $10 per million input tokens and $50 per million output, was trained on more than 100,000 GPUs at Stargate in Texas, and is the first OpenAI model rated Critical for cyber capability. Its most powerful cyber features are gated. Two hours earlier, Sen. Bernie Sanders announced a bill to ban superintelligent AI.
Bernie Sanders filed a bill to ban superintelligent AI. Violators could face 20 years in prison or corporate dissolution.
Sen. Bernie Sanders and Rep. Greg Casar introduced the Ban Artificial Superintelligence Act on September 3, built on the July OpenAI agent-security incident that hit Hugging Face. It would pause advanced AI development until a new federal agency writes safety rules, and it borrows its penalties from nuclear weapons law. AI stocks did not react.
Nvidia's (NVDA) free PAIR tool routes local AI jobs across home computers
PAIR discovers compatible computers running it on your network and routes AI requests to the ones with capacity. Nvidia's own test cut a five-subagent job from 18 minutes to 8 minutes 48 seconds.
LivePerson holders approve SoundHound (SOUN) deal as noteholders take six times more stock
LivePerson (LPSN) stockholders approved the SoundHound AI (SOUN) merger on September 2 and the deal is expected to close September 4. Noteholders take $261 million of SoundHound stock against $43 million for shareholders, and about $343 million of secured notes are satisfied at closing.
Humanoid robot maker Figure committed $3.5 billion to Nscale for compute. It has raised more than $1 billion in its life.
Figure committed $3.5 billion to Nscale for up to 100,000 Nvidia Vera Rubin GPUs, with deployments starting in the second half of 2027 in Barstow, Texas. Ionic Digital's prospectus shows Microsoft holds an option on additional power at that site from the same half-year.
Tempus AI (TEM) rose 47% on a Merck and Moderna trial. Two analysts upgraded it after the run.
Cantor Fitzgerald initiated Tempus AI (TEM) at overweight with an $80 target, two days after Piper Sandler upgraded it. The 47% run both calls follow came from a Merck and Moderna Phase 3 readout, and the insider sales that made headlines were mostly automatic tax withholding.
Broadcom (AVGO) targets $230 billion in AI revenue by 2028, and the call turned a 4.6% after-hours drop into a gain
Broadcom reported $16.7 billion of AI semiconductor revenue for its fiscal third quarter and then told investors to expect about $115 billion next fiscal year and about $230 billion the year after, with supply already secured for both. Shares fell as much as 4.6% after hours on a fourth-quarter revenue guide just under consensus, then turned positive during the call.
FuelCell Energy (FCEL) signed a 75 MW data center deal in Texas, and its first AI order cost it a $17 million charge
FuelCell Energy signed its first Capacity Reservation Agreement with a data center operator, a planned 75 MW project in Texas. The data center orders it has already booked cost more to build than they sell for.
Zuckerberg calls Meta (META) Muse Spark 1.3 "almost too cheap to meter," but Meta keeps prices unchanged
Meta released Muse Spark 1.3 on Wednesday with a benchmark card that puts it ahead of GPT 5.6 Sol and Opus 5 on coding and long context, and behind Anthropic on most agent tests. The price did not move, which is the part that matters for the rest of the industry.
AeroVironment (AVAV) gets $464.8 million for Locust lasers. It is the Army's first production order for a laser weapon
The Army put a number on the counter-drone laser deal Bloomberg reported in August: $464.8 million for dozens of AeroVironment's 30-kilowatt Locust X3 systems. AV calls it the first production contract for a directed-energy weapon in U.S. history. The stock barely moved.
Vertiv (VRT) is paying $1.45 billion for a microgrid firm so data centers can stop waiting on the grid
Vertiv agreed to buy UtilityInnovation Group for about $1.45 billion in cash, plus up to $1.15 billion in earnouts, a price it put at roughly 13 times UIG's expected 2027 EBITDA. The deal extends Vertiv from the rack out to the utility interconnect.
Pasqal (PSQL) doubled on its Nasdaq debut days after holders redeemed 90% of the SPAC shares
Holders of 26 million of Bleichroeder II's 29 million public shares took the $10 exit before the August 27 close. PSQL then finished its August 28 debut up 95% before giving much of it back.
Nvidia (NVDA) cut Rubin Ultra's memory in half because HBM had become 40% of a rack's cost, SemiAnalysis says
SemiAnalysis says memory had reached 41% of a Rubin Ultra rack's capital cost after this year's HBM and DRAM price hikes. Halving the HBM per GPU takes it to 28%, with the savings moving to scale-up networking. The firm calls it a supply-crunch symptom, not weak demand.
NASA gives Blue Origin the $700 million Mars network contract Rocket Lab (RKLB) campaigned for
NASA awarded Blue Origin a firm-fixed-price contract worth up to $700 million to build, launch and run a Mars communications orbiter due by December 2028. Rocket Lab had pitched a laser-relay satellite for the same job, and Blue Origin's only New Glenn pad is still being rebuilt after May's explosion.
Google (GOOGL) is pitching Disney (DIS) and Universal on AI character licenses at $40 million apiece, LA Times reports
Google executives approached Disney, Universal and Warner Bros. Discovery about licensing characters and film libraries for its AI models, the LA Times reports. Some studios were asked to waive their right to sue Google. A $40 million-per-character figure came up as an estimate, not an offer, and NBCUniversal says it is not in active talks.
Dell (DELL) raises its full-year outlook by $25 billion as AI server backlog nearly doubles to $95 billion
Dell booked a record $60.9 billion of AI server orders in the quarter ended July 31 and exited with a $95 billion AI backlog, up from $51.3 billion in May. Revenue rose 58% to $47.0 billion, fiscal 2027 guidance moved to $192 billion, and free cash flow fell 47% as inventory doubled.
Super Micro's (SMCI) financial statements passed. Its internal controls failed for a third year.
BDO USA issued its third straight adverse opinion on Super Micro's internal controls, the same day it gave the company's fiscal 2026 financial statements a clean sign-off. Revenue grew 78% to $39.06 billion.