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More than 600 OpenAI employees sold $6.6 billion in shares in one of Silicon Valley’s largest pre-IPO payouts.
Teen entrepreneur Zach Yadegari sold Cal AI for about $100 million and is now building an anti-doomscrolling startup.
Amazon introduced an upgraded Proteus robot and announced a €10 billion investment in European fulfillment robotics.
LG and Nvidia expanded their partnership to develop humanoid robots, AI factories, and autonomous vehicle technologies.
Elon Musk said his upcoming AI chip could outperform Nvidia’s products while costing a fraction of the price.
Apple shares fell nearly 5%, wiping out about $230 billion in market value after the launch of Siri AI.
OpenAI has confidentially filed for an IPO that could become the largest AI-related stock market debut in history.
Michael Burry criticized the financing structure behind Nvidia GPU purchases used by xAI, arguing that complex off-balance-sheet arrangements obscure risk while shifting exposure to investors through private credit markets.
Nvidia CEO Jensen Huang described the recent technology selloff as a buying opportunity, arguing that AI-related stocks remain attractively valued as the global AI infrastructure buildout is still in its early stages.
Google will pay SpaceX $920 million per month for access to approximately 110,000 Nvidia GPUs and AI infrastructure.
Anthropic is urging policymakers and AI labs to carefully evaluate the risks of increasingly autonomous AI systems as Claude reaches human-level coding performance and begins handling most of the company’s production code.
Goldman Sachs projects that SpaceX could increase its AI-related revenue by 100 times by 2030, reaching approximately $322 billion annually as the company expands its artificial intelligence infrastructure.
Elon Musk’s wealth now exceeds the GDP of more than 100 countries and continues to grow rapidly.
Marvell shares surged after Nvidia CEO Jensen Huang described the company as the next potential trillion-dollar business, highlighting its growing role in AI infrastructure and networking.
Investors now view Nvidia as a safer borrower than the U.S. government, with the company’s five-year credit default swap trading below U.S. sovereign CDS levels.