Nvidia-backed Reflection will reportedly release an open AI model to rival China's best
It won't match the top US models at first. The bigger plan is to let companies and governments build their own AI.
Cerebras (CBRS) falls below IPO price as report links OpenAI's Ultrafast mode to Nvidia
Sam Altman calls Cerebras a close partner. Up to 19.4 million more insider shares can be sold starting Oct. 14.
Trump expected to name intelligence chief Jay Clayton as AI czar
He already runs 18 intelligence agencies. The White House says any reporting on the pick is speculation until Trump announces it.
Amazon (AMZN) explores $8 billion Nvidia (NVDA) chip sale-and-leaseback deal
Amazon would keep using the chips. A vehicle funded by outside investors would own them.
Nscale hires Meta veteran Justin Osofsky as COO ahead of planned NYSE IPO
Nscale's IPO filing listed no chief operating officer. The new one comes from Meta, where some of its board members also built their careers.
California executive charged with smuggling $300 million in Nvidia (NVDA) chip servers to China
Prosecutors say the servers went to Malaysia and Singapore before reaching a buyer in China. One of the Malaysian middlemen was a lumber company.
Nvidia's (NVDA) new DGX Spark has half the memory and costs $1,000 more than the original did at launch
The 64GB model arrives Oct. 23, and the 128GB version now costs $6,950. Rising memory prices are the backdrop for both.
Google's (GOOGL) AI chips reach orbit for the first time. Planet Labs (PL) confirms contact
The refrigerator-sized prototype carries four TPUs. Google's own team says space computing won't be cheaper within five years.
Nvidia (NVDA) wants its chips to back $500 billion in AI loans. Lenders want bigger guarantees.
Banks and credit investors want stronger guarantees before backing Nvidia's $500 billion chip-backed financing plan, Reuters reported. The sticking point is how many years an AI chip keeps earning money.
Broadcom (AVGO) agrees to lend Anthropic up to $42 billion to help pay for computing built on its chips
Anthropic's IPO filing shows Broadcom acting as both its chip supplier and its lender, Reuters reported. The filing warns that dual role could affect Anthropic's access to computing power.
Michael Burry switches Nvidia (NVDA), Micron (MU), and Palantir (PLTR) shorts to puts, says the AI bubble could burst within a year
He wants more leverage on bets he already held. Two days after his post, Micron reported its results.
OpenAI sued over rogue agents' Hugging Face hack. Nonprofit seeks court-ordered limits
A safety nonprofit sued OpenAI in San Francisco over the July attack by its AI agents. The complaint argues OpenAI can't shift the blame to the AI itself.
FTC opens probe into Anthropic, OpenAI and other AI labs as Anthropic prepares its IPO
The FTC confirmed it is investigating AI developers including Anthropic and OpenAI over consumer risks. Executives could be compelled to testify as Anthropic prepares to list.
Trump calls the AI safety accord "morally binding." Who can stop a model's release when something goes wrong?
Six AI leaders signed a voluntary safety accord that calls for outside audits. It doesn't say who can act when an auditor finds a problem.
DeepSeek open-sourced programming tools for Huawei chips, taking aim at Nvidia's (NVDA) CUDA
DeepSeek released software for Huawei's Ascend chips, including a language the company says is simpler to program than Nvidia's CUDA. The tools are meant to reduce developers' reliance on CUDA.
Nvidia (NVDA) wants insurers to cover part of its chip-backed AI loans. The terms would show what used AI chips are worth.
Nvidia is in early talks to have insurers cover part of the loans backed by its chips. The terms could show what lenders think a used AI chip is worth.
AMD agrees to buy Fei-Fei Li's World Labs for $8.2 billion in stock
AMD agreed to acquire World Labs, Fei-Fei Li's world-model startup, for about $8.2 billion in stock. Li will become AMD's chief scientist after closing, and the deal is AMD's second-largest after Xilinx.
Nvidia (NVDA) CEO Jensen Huang calls AI distillation competition. Washington calls it theft.
Nvidia CEO Jensen Huang told CNBC that training on a rival's AI model is competition. Washington has threatened sanctions over the same practice.
Nvidia (NVDA) backs the AI labs and is buying the company OpenAI's agents hacked. Now the lock is for sale
Nvidia launched tools to contain rogue AI agents and says they could have stopped the Hugging Face hack by OpenAI's agents. Nvidia's ties to both companies complicate the pitch.
Nvidia (NVDA) adds $150 billion to its buyback in what the company calls the largest increase in history
Nvidia added $150 billion to its buyback, a record increase by the company's count, and expects to use the authorization through fiscal 2028. Apple's $110 billion authorization in 2024 was the US record at the time.
Micron (MU) rivals Nvidia (NVDA) as a driver of S&P 500 profit growth going into its Sept. 30 report
LSEG and FactSet data rank Micron among the biggest drivers of S&P 500 profit growth, ahead of Nvidia. Micron's Sept. 30 results beat estimates, but can memory keep carrying the index?
China signals it may let ByteDance and Alibaba buy Nvidia's (NVDA) new RTX PRO 5500
China's industry ministry has signaled it may approve purchases of Nvidia's new RTX PRO 5500 by ByteDance, Alibaba, and others, The Information reported. The chip is built differently from Nvidia's top AI accelerators.
Sony (SONY) brings 8,000 chip workers back to the office for physical AI push
Sony's chip unit will bring about 8,000 employees back to the office starting in October, Nikkei reported. Sony expects in-person work to help build new businesses such as physical AI.
Super Micro (SMCI) CEO says SpaceXAI build is moving 'full speed ahead,' teases a year-end surprise
Supermicro CEO Charles Liang said on X that the company is moving full speed ahead on data center work for SpaceXAI and promised a surprise before year-end. He gave no deal size or details.