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Nvidia makes revealing bet on secretive lab
TheStreet7d agoneutral
Nvidia makes revealing bet on secretive lab

Nvidia (NVDA) is no longer willing to only sell the gear behind the artificial intelligence revolution. The chipmaker has taken a stake in Safe Superintelligence, the secretive AI lab set up by ex-OpenAI chief scientist Ilya Sutskever, in a long-term strategic relationship disclosed July 27. Nvidia ...

Flex Q1 Earnings Call Highlights
MarketBeat7d agoneutral
Flex Q1 Earnings Call Highlights

Flex (NASDAQ:FLEX) reported first-quarter fiscal 2027 results that included 21% revenue growth, expanding margins and record adjusted earnings per share, while management said the company remains on track to separate its Cloud and Power Infrastructure business into an independent company in the firs

Bloom Energy Soars 11% on Record $1.07B Q2 Revenue, Raised 2026 Guidance
24/7 Wall St.7d agoneutral
Bloom Energy Soars 11% on Record $1.07B Q2 Revenue, Raised 2026 Guidance

Shares of Bloom Energy (NYSE:BE) advanced 11% to $185.85 in early Wednesday trading after the fuel cell maker delivered a blowout Q2 2026 earnings beat and raised full-year guidance. The move flipped Tuesday’s pre-earnings selloff, when Bloom Energy shares fell 13% amid short-seller pressure from Hunterbrook. However, BE stock soon retreated to $173.29, up 4% ... Bloom Energy Soars 11% on Record $1.07B Q2 Revenue, Raised 2026 Guidance

Eliyan raises $145 million at $1 billion valuation to ease AI chip data bottlenecks
Reuters7d agoneutral
Eliyan raises $145 million at $1 billion valuation to ease AI chip data bottlenecks

Eliyan, a startup that aims to ease the bottlenecks in transferring data between AI chips in data centers, ‌said on Wednesday it had raised $145 million in venture funding at a $1 billion ‌valuation. Cisco Systems, Lumentum and an early investor in networking pioneer Mellanox before its sale to Nvidia backed the raising, ​according to Santa Clara, California-based Eliyan. The startup is developing technology aimed at the growing list of companies that are developing their own custom AI computing chips to compete with graphics processing units from Nvidia and Advanced Micro Devices.

Nvidia partner ChipAgents raises $60 million to accelerate chip design with AI agents
Reuters7d agoneutral
Nvidia partner ChipAgents raises $60 million to accelerate chip design with AI agents

Chip design startup ChipAgents expanded its Series A financing with ‌a $60 million infusion to further fund its plans to ‌speed up semiconductor design through the use of AI agents, its chief executive said. ChipAgents ​builds software that harnesses so-called AI agents - programs capable of making decisions and executing complex tasks with little or no human oversight - to make the complex, lengthy process of chip design faster and more ‌automated. ChipAgents sees the largest speedup in ​design with the company's ‌software that is designed to help verify a chip will function as intended, CEO William Wang told Reuters in an interview.

Anthropic clarifies stance on open-weight AI models
TheStreet7d agoneutral
Anthropic clarifies stance on open-weight AI models

Jensen Huang had never posted on X before July 24. His first post on the platform wasn't about chips or Nvidia's earnings or the next GPU architecture. It was a letter. An open letter signed by more than 20 tech companies, including Nvidia, Microsoft, Meta, Google, OpenAI, Hugging Face, Mistral, ...

Nvidia, oil and the Fed are fighting over the market
TheStreet7d agoneutral
Nvidia, oil and the Fed are fighting over the market

Central banks are good at fighting inflation they can recognize. The trouble starts when the price pressure arrives from somewhere the playbook never anticipated. For most of the past four years, the Federal Reserve has sorted rising prices into two bins. Demand inflation happens when people have ...