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Anthropic's $35 billion Lambda deal runs through Hut 8's (HUT) mystery Texas campus, WSJ reports
The Wall Street Journal reports Anthropic signed a $35 billion cloud deal with Nvidia-backed Lambda. Nvidia is leasing the 704MW Hut 8 (HUT) campus in Texas that carried a $19.6 billion lease with no named tenant, and HUT rose about 3.5% after hours.
SK Innovation jumps 7% as SK On lands estimated $1.1 billion US battery storage order
SK On will supply 9 GWh of LFP cells to NeoVolta Power from 2027 to 2031, a deal the Korean press values near 1.5 trillion won ($1.09 billion). It is nine times its first US storage contract, and SK Innovation closed up 7.36%.
Apple (AAPL) says its stolen schematic helped an AI agent at OpenAI cut a day of engineering to two hours
Apple filed new evidence Monday alleging a former engineer used a confidential Apple circuit schematic at OpenAI, and that messages show his AI agent learned to run the simulations. OpenAI has moved to dismiss and denies holding any Apple trade secrets.
Why SanDisk (SNDK) went from red at 3:15 to up 5.7% at the August 31 close
SanDisk was down at 3:15 p.m. Monday and closed up 5.7% at $1,569.61 after its MSCI World inclusion triggered a burst of closing-auction demand.
The FTC and 22 states are suing Amazon (AMZN) for allegedly inventing a bidder to raise ad prices
The FTC and 22 states sued Amazon on Monday, alleging a hidden surcharge in its search ad auctions extracted tens of billions of dollars from more than a million advertisers over seven years. The complaint quotes Amazon's internal documents throughout.
Goldman Sachs raises its 2035 humanoid robot forecast nearly fivefold to 6.48 million units
Goldman now sees 6.48 million humanoid robots shipping in 2035, up from 1.38 million, a $138 billion market. The driver is a price curve crossing labor costs, and Amazon's $72 billion in modeled savings is the proof it already works.
Hyperliquid is in talks to enter the US through Kraken's parent, Bloomberg reports. HYPE rose past its August high.
Bloomberg reports Hyperliquid Labs is in advanced talks with Kraken parent Payward to offer some of its perpetual futures to US traders through Bitnomial, Payward's CFTC-licensed exchange. HYPE rose past $83, and Hyperliquid Strategies (PURR) gained on Nasdaq.
Why Micron (MU) stock looks cheap, and why the market doesn't think the earnings will last
Micron trades near six times forward earnings, behind only Charter (CHTR) and General Motors (GM), after a 228% year. The market still prices it as a cyclical, the $100 billion in contracts argues otherwise, and December 9 is when the buyback cap lifts.
SpaceX (SPCX) put Grok on the Pentagon's AI platform. The prize is distribution, not the 42 cents.
The Department of War launched Grok for Government and OpenAI's ChatGPT Mil on GenAI.mil on Monday, a platform built for more than 3 million personnel. Each participating agency licenses xAI for Government for $0.42 under GSA's OneGov deal, so what SpaceX gets is distribution, not licensing revenue.
OpenAI's ChatGPT ads hit $1 billion annualized in 200 days. Google (GOOGL) books that much every 30 hours
OpenAI says its ad business passed a $1 billion annualized run rate about 200 days after launch, with ads in 40+ countries in front of 1 billion weekly users. Next to Google's $294.7 billion ad year it's tiny, and that's not the point.
Samsung and SK Hynix sold their memory years in advance. Buyers left out now pay up to 5 times the contract price.
A 36-gigabyte HBM3E chip sells for about $2,100 on the spot market, while long-term contract customers pay 500,000 to 700,000 won ($360 to $500 USD). Korea's HBM export price passed $70 for the first time in July.
Nvidia's (NVDA) $3.5 billion MediaTek deal turns the chips built to replace its GPUs into an ecosystem play
Nvidia is buying $3.5 billion of MediaTek convertible bonds as MediaTek joins NVLink Fusion to build custom XPUs. The bigger reveal is NVHBM, Nvidia's custom memory claiming 30% more bandwidth than HBM4E, with Amazon's Trainium4 first in line.
Meta's (META) $200-a-month AI agent could launch in September
Meta reportedly plans to launch Hatch, an AI agent that completes tasks inside Instagram and WhatsApp, as soon as early September, with a premium tier of up to $199.99 a month and a new model, Watermelon, due in October.
Korea's retail investors are deep in losses. The government's stock trading tax still rose 401%.
Korea collected 1.4 trillion won in securities transaction tax in July, up 401% from a year earlier. The tax is charged on trades, not profits, so a falling market that keeps trading still fills the treasury.
SemiAnalysis tested 25 AI clouds and got into other customers' data. It won't name the providers.
SemiAnalysis says it broke isolation between customers at AI cloud providers, reaching data belonging to banks, telecom companies and one national intelligence agency. It named none of the providers where it found the problems.
Marvell (MRVL) fell 10.3% on margins. Now Dell (DELL), Credo (CRDO) and Broadcom (AVGO) report into the same question
Marvell fell 10.3% Friday after guiding gross margin lower on a greater custom mix. Ten of the names we track report between September 1 and 3, and Broadcom, Credo and Ciena all sell into the same build.
China aimed a $137 billion state fund at AI and robots. Korea tripled its AI budget. The US still has no robotics strategy.
China's state venture fund is aimed at about $137 billion for AI, robotics and advanced manufacturing and Beijing added more than $20 billion in subsidies in six months. Korea already has the world's most automated factories and tripled its AI budget anyway. Washington's flagship robotics institute runs on about $30 million.
China's Pony.ai (PONY) is bringing 200 driverless taxis to Seoul. Its Korean partner PonyLink rose 26% in a week.
China's Pony.ai and Korean operator FutureLink signed a deal on August 28 to put 200 Level 4 robotaxis on Korean roads by 2028. FutureLink's KOSDAQ-listed parent PonyLink rose 26% in a week.
Rogue AI agents attacked Hugging Face. Its defenders turned to a Chinese open-weight model.
About 700 OpenAI test agents took part in an attack on Hugging Face in July, and the reports published Aug. 26 read like the case against open-weight AI. Except the frontier models Hugging Face reached for refused to help analyze the attack, and its responders ran a Chinese open-weight model instead. Washington has already picked a side.
Elon Musk says SpaceX will cast its own turbine blades. Howmet (HWM) has over 50% of that market.
Elon Musk says casting blades and vanes is the limiting factor for gas turbine production, and that SpaceX doing it in-house could speed new turbines by up to 18 months. Howmet (HWM), the one public pure play, says gas turbine demand is already extraordinary.
Broadcom (AVGO) told Wall Street to expect $16 billion in AI chip revenue. On September 2, it has to deliver.
Broadcom reports fiscal Q3 on September 2 with AI revenue guided to $16 billion, more than triple a year ago. The stock sits 25% below its June high, and options price a move of just over 8%.
Box (BOX) CEO says strongly held AI beliefs last about 6 months. Nvidia (NVDA) lost $590 billion on one that flipped.
Aaron Levie listed a dozen strongly held AI beliefs the industry has already cycled through, from RAG is dead to cheaper models mean less compute. He says the average one lasts 6 months. The market is pricing trillions like the answers are settled.
OpenAI will cut SpaceX's (SPCX) Cursor off from its models on November 12. Musk: "I couldn't care less... utterly untrustworthy assholes"
OpenAI told SpaceX on Friday it will wind down Cursor's access to its models by November 12, citing Elon Musk's companies breaking contracts. Cursor's CEO says OpenAI serves about 5% of traffic, and Anthropic's compute chief says Claude capacity for Cursor will keep growing.
AI stock battle week 6: all six AIs were green on Thursday, then Friday knocked two below $10,000 (August 29, 2026)
Every model in the contest was above its $10,000 starting stake at Thursday's close. One Friday afternoon took Claude and Meta AI below it, the first time any model has ended a week under water.