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Investing.com23d agobullish
Amazon and Nvidia expand AI partnership with 2 million GPUs

Investing.com -- Amazon Web Services and Nvidia announced today an expansion of their partnership to address growing demand for AI infrastructure. The companies plan to deploy 2 million additional Nvidia GPUs across AWS's global infrastructure in 2027-2028.

Alibaba launches Wan3.0 AI video model after $10 billion share sale
Reuters26d agoneutral
Alibaba launches Wan3.0 AI video model after $10 billion share sale

Alibaba officially rolled out its latest AI video ‌generation-model Wan3.0 on Monday with ‌enhanced capabilities after the Chinese internet giant launched ​a $10 billion share placement to fund rising AI spending. The new model can generate 30-second videos from documents, spreadsheets, ‌slides and web ⁠pages, Alibaba Cloud said in a post on the WeChat ⁠platform. Alibaba said Wan3.0 had been used in short drama and film ​production, advertising ​and marketing, tourism ​promotion and music ‌video creation since a public beta version was launched on August 6.

Xiaomi launches new Xring chip, partners with TSMC for production, sources say
Reuters26d agoneutral
Xiaomi launches new Xring chip, partners with TSMC for production, sources say

Chinese smartphone maker Xiaomi on Monday unveiled a new version of its in-house Xring handset processor, betting that deeper control over key components will help strengthen its supply chain ‌and reduce reliance on external chip suppliers. The introduction of Xring O3 comes a year after Xiaomi launched ‌its first proprietary smartphone processor, the Xring O1, marking the latest step in the world's third-largest smartphone vendor's push to join rivals such as Apple, Samsung ​Electronics and Huawei in developing its own chips. TSMC will manufacture the new chip using its 3-nanometre production technology, two people familiar with the matter said.

Xiaomi launches new Xring chip, partners with TSMC for production, sources say
Reuters26d agoneutral
Xiaomi launches new Xring chip, partners with TSMC for production, sources say

Chinese smartphone maker Xiaomi on Monday unveiled a new version of its in-house Xring handset processor, betting that deeper control over key components will help strengthen its supply chain ‌and reduce reliance on external chip suppliers. The introduction of Xring O3 comes a year after Xiaomi launched ‌its first proprietary smartphone processor, the Xring O1, marking the latest step in the world's third-largest smartphone vendor's push to join rivals such as Apple, Samsung ​Electronics and Huawei in developing its own chips. TSMC will manufacture the new chip using its 3-nanometre production technology, two people familiar with the matter said.

Micron unveils $10 billion AI memory research lab in Boise
Reuters30d agoneutral
Micron unveils $10 billion AI memory research lab in Boise

Micron Technology said on Thursday it plans to spend $10 billion on its newly ‌established research lab at Boise, Idaho, over the ‌next decade to advance memory technologies, develop compute systems and support future ​chip manufacturing. Large memory chipmakers such as Micron, Samsung Electronics and SK Hynix have been benefiting from a surge in demand from the rapid expansion of AI infrastructure. • The latest investment builds on the more than $250 billion that Micron had separately committed to ​manufacturing and ​R&D across the United States.

Eshallgo Secures Exclusive North American Distribution Partnership With Zhongshan Senwei
InvestorsHub31d agobullish
Eshallgo Secures Exclusive North American Distribution Partnership With Zhongshan Senwei

Eshallgo’s California subsidiary will exclusively distribute Zhongshan Senwei printing consumables in North America, initially targeting major e-commerce channels as the company builds its overseas operations. Key Investor TakeawaysEshallgo (NASDAQ:EHGO) has secured an exclusive North American distribution partnership with Chinese printing consumables manufacturer Zhongshan Senwei.

Google unveils Gemini 3.7 Flash AI model for coding, agent workflows
Reuters36d agoneutral
Google unveils Gemini 3.7 Flash AI model for coding, agent workflows

Alphabet's Google launched Gemini 3.7 Flash on Thursday, its latest AI model designed for software coding and automated business tasks, but offered ‌no details on when its flagship Pro model will be released. Investors have been ‌closely watching for Gemini 3.5 Pro, Google's premium model, as a test of whether its DeepMind AI unit can ​keep pace with rivals Anthropic and OpenAI. Google had said in July Gemini 3.5 Pro was being tested with partners and would be coming "soon".

Investing.com37d agobullish
SanDisk unveils long-term growth strategy at 2026 Investor Day; Shares surge 12%

Investing.com -- SanDisk (Nasdaq: SNDK) shares rose 12% following the company’s "In Focus" 2026 Investor Day, where leadership outlined a highly optimized financial model, durable customer partnerships, and a leading NAND technology roadmap designed to drive sustainable long-term value in the AI era. “Our strong performance today is the direct result of disciplined execution against the strategy we outlined 18 months ago,” said David Goeckeler, Chairman and CEO of SanDisk. Goeckeler highlighted

Ackman unveils six new investments including Netflix, Visa, Mastercard in biggest portfolio overhaul in years
Reuters37d agoneutral
Ackman unveils six new investments including Netflix, Visa, Mastercard in biggest portfolio overhaul in years

Bill Ackman unveiled six new holdings including Netflix, Visa and Mastercard, marking the billionaire investor's biggest portfolio overhaul in years. Ackman said on Thursday he acquired shares ‌starting in the second quarter that will be held in his investment funds including his newest offering ‌Pershing Square USA, which was listed on the New York Stock Exchange in April. Along with Netflix, which Ackman held briefly in 2022 before selling ​at a loss, his funds are also investing in eye care firm Alcon, exchange operator Intercontinental Exchange and financial data provider S&P Global.

IBM and OpenAI Launch Enterprise AI Partnership With GPT-5.6 Integration
InvestorsHub37d agobullish
IBM and OpenAI Launch Enterprise AI Partnership With GPT-5.6 Integration

IBM (NYSE:IBM) announced a strategic partnership with OpenAI on August 13, 2026, aimed at bringing advanced artificial intelligence models and products into IBM Consulting’s enterprise AI delivery platform. The collaboration will target large-scale deployments across industries including financial services, government, telecommunications and retail, with GPT-5.

Bill Ackman Unveils Six New Stock Picks
The Wall Street Journal37d agoneutral
Bill Ackman Unveils Six New Stock Picks

Bill Ackman’s Pershing Square made investments in six new public companies since the end of March: Visa Mastercard Netflix S&P Global Intercontinental Exchange Alcon The additions were disclosed in a letter to shareholders that accompanied Pershing Square’s quarterly earnings release, the firm’s first since it went public in April.

McDonald’s unveils unexpected first-ever partnership
TheStreet38d agobullish
McDonald’s unveils unexpected first-ever partnership

For years, McDonald's fans in the U.S. have looked overseas for some of the fast-food giant's most unusual menu items, collaborations, and collectibles. But lately, the company has been bringing more of that international appeal to its home market, using limited-time promotions and ...

TSMC to invest $1.8 billion in joint venture with Sony for image sensors
Reuters39d agoneutral
TSMC to invest $1.8 billion in joint venture with Sony for image sensors

Taiwan ‌chipmaker TSMC ​said on Tuesday it ‌will ⁠invest 282 billion ⁠yen ($1.77 billion) ​in ​a ​joint ‌venture with Sony Group to ‌develop ​and ​make ​next-generation ‌image sensors. ($1 = 159.3300 ​yen) (Reporting ​by ​Ben Blanchard; ‌Editing ​by Andrew ​Heavens)