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.
Nvidia-backed Nscale pitches $103 billion in contracted revenue ahead of its IPO after a $33 million year
Nscale is telling prospective investors it has about $103 billion in contracted revenue ahead of a US listing. It generated about $33 million of revenue in 2025, and CoreWeave reports a similar headline figure on a far larger revenue base.
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.
The DOJ sided with OpenAI against the New York Times (NYT). What that means for Reddit (RDDT) and News Corp (NWSA)
The government told a Manhattan judge Wednesday that training AI on copyrighted text is fair use. Every AI content-licensing deal, from Reddit's Google contract to News Corp's OpenAI pact, was priced off the opposite outcome.
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.
Nvidia (NVDA) owns $90.7 billion of other companies. Its public stock portfolio has lost $16.4 billion since June 30.
Nvidia's latest 10-Q carries $42.8 billion of marketable equity securities and $47.9 billion of funded private stakes, with $25 billion more committed but not yet paid in. Its June 30 13F positions have given back about $16.4 billion since, and a $105 billion guarantee on an OpenAI data center sits off the balance sheet entirely.
Nvidia (NVDA) expects physical AI revenue to grow from $10 billion to $100 billion in a decade. It made $96 billion last quarter.
Nvidia VP Deepu Talla told the FT the company expects physical AI revenue to rise from $10 billion to $100 billion over the next decade. Nvidia reported $96.2 billion of revenue last quarter, which puts the ten-year target at about one quarter of current sales.
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.
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.
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.
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.
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.
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.
Leopold Aschenbrenner's fund owns 21.1% of SharonAI (SHAZ). It's currently sitting $101 million below cost.
Situational Awareness filed a Schedule 13D reporting 8,070,950 SharonAI (SHAZ) shares at a cost of $523.9 million. The same position was in its filings before the fund's July losses, and it's still there.
Korean investors put $798 million into a 3x leveraged semiconductor fund (SOXL) in one week. It fell 9.5% the next session.
Korean investors made a 3x semiconductor fund their number one overseas purchase in the week of Nvidia's earnings, with $798.04 million going in. That's about 58 times what they put into Nvidia itself.
Growing up, nobody in my school knew what Korea was. Now it's the world's No. 3 AI power.
My classmates knew exactly two Asian countries. Stanford's AI Index 2026 now ranks South Korea third in the world in AI models, and the memory chips behind the whole AI trade come from Seoul.
IREN signed a frontier AI lab and is paying 9% to finance the GPUs. Microsoft deployment debt costs 6%.
IREN (IREN) reported fiscal 2026 results and a new multi-year contract with an unnamed leading frontier AI lab. The same release prices its GPU debt by customer: 9.0% on $2.4 billion for non investment grade deployments, 6.0% on the $3.6 billion behind Microsoft.
NBA star Kevin Durant put $250,000 into Hugging Face. Nvidia's (NVDA) reported deal makes it worth about $60 million.
Nvidia (NVDA) is buying Hugging Face for $12.9 billion, with $11.9 billion of it payable to stockholders, and NBA star Kevin Durant's $250,000 early stake may be worth tens of millions. His firm also got into Coinbase at a $1.6 billion valuation and Whoop at $125 million.
Washington is reportedly drafting a rule to stop Chinese AI firms from renting Nvidia (NVDA) chips overseas
The Commerce Department is preparing a rule that would stop Chinese AI companies from remotely using advanced U.S. chips housed in data centers in Thailand, Singapore, and other countries, The Information reported Friday. A draft could go to AI companies in September.
Simmtech makes 70% of the boards under Nvidia's new memory modules. The stock rose 12.6% after Nvidia's earnings.
Simmtech, a substrate maker from Cheongju, closed up 12.60% after Nvidia's results and is up 27.3% in a week. It makes about 70% of the substrates for SOCAMM, the memory module in Nvidia's AI servers.
SK Hynix (SKHY) breaks ground on $4 billion Indiana HBM plant as production slips to 2029
SK Hynix broke ground Thursday on its first US plant, an advanced packaging site for AI memory in West Lafayette, Indiana. The company now targets mass production in the second half of 2029. Its CHIPS Act award said 2028.
Anthropic is reportedly leasing an Nscale data center in West Virginia for $45 billion
Financial news wires report Anthropic will lease an Nscale data center in West Virginia for $45 billion, taking 460 megawatts, as Nscale is expected to spend about $71 billion to develop the site. Here is what is confirmed and who benefits.