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The Bank of Nvidia
The Wall Street Journal37d agoneutral
The Bank of Nvidia

Plus, kiss-up chatbots, Dario Amodei’s wife and her influence at Anthropic, the rural “hick” heroes leading a campaign against AI data centers and more

Investing.com37d agoneutral
How could open-weight models impact GenAI ROIC?

Investing.com -- The rise of lower-cost open-weight AI models could pressure pricing and returns for model developers, but hyperscalers should continue generating attractive returns from the computing infrastructure needed to run them, Morgan Stanley analysts said.

Nvidia in talks to invest $3 billion in SB Energy as part of OpenAI data center deal, the Information reports
Reuters38d agoneutral
Nvidia in talks to invest $3 billion in SB Energy as part of OpenAI data center deal, the Information reports

Nvidia is in talks ‌to invest as ‌much as $3 billion in SB ​Energy, a subsidiary of SoftBank Group and developer of a massive ‌planned ⁠Ohio data center project for OpenAI, ⁠the Information reported on Saturday, citing people ​familiar with ​the ​discussions. The investment ‌is being discussed as part of Nvidia’s negotiations with OpenAI and SB Energy over the ‌chip company ​providing around $100 ​billion ​in credit support ‌for the planned ​Ohio ​data center campus, the report said.

Why Is Tether Looking Like a Central Bank?
Barrons.com38d agoneutral
Why Is Tether Looking Like a Central Bank?

Gold recent rally is mostly due to five big buyers: four central banks and Tether, a company that deals in cryptocurrency. Tether is buying for the very reasons that central banks are—to diversify its holdings and hedge against inflation and significant dollar weakness, which Tether’s crypto stablecoin USDT is pegged to. In the first half, Tether bought more than 27 metric tons of gold—matching Kazakhstan.

Nvidia scales back $250 billion OpenAI data center guarantee, WSJ reports
Reuters38d agoneutral
Nvidia scales back $250 billion OpenAI data center guarantee, WSJ reports

Nvidia has downsized ‌plans for ‌a $250 billion guarantee for ​an OpenAI data center, the Wall Street Journal ‌reported on ⁠Friday, citing people familiar with ⁠the matter. The revised plan ​would lower ​Nvidia's ​financial guarantee ‌to less than $120 billion to address investor concerns about risk for ‌the OpenAI ​data center, ​according ​to the ‌report. Reuters could not ​immediately ​verify the report.

Intel’s stock buybacks: History & investor impact explained
TheStreet39d agobullish
Intel’s stock buybacks: History & investor impact explained

Intel once was the biggest chipmaker in the world. During the 1990s through the mid-2010s, Intel’s semiconductor powered most of the personal computers in businesses and homes worldwide. Nowadays, the company is playing catch-up, competing with other powerful players in the semiconductor industry — ...

Tiger Global Management cuts stakes in Big Tech, buys into SpaceX
Reuters39d agoneutral
Tiger Global Management cuts stakes in Big Tech, buys into SpaceX

Tiger Global Management trimmed several of its Big Tech stakes, exited Netflix, and took positions in Advanced ‌Micro Devices and SpaceX during the second quarter, according to ‌regulatory disclosures filed Friday. • The hedge fund cut its Alphabet holdings by 45.4% to 5.81 million shares as of June 30 from the end of March, and its Nvidia stake by 6.8% to 11.20 million shares. • ‌It trimmed its Microsoft ⁠stake by 9.3% to 2.27 million shares and its Amazon position by 3.2% to 9.68 million shares.