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Nvidia to invest $1.5 billion in SB Energy under OpenAI data center deal
Reuters7d agoneutral
Nvidia to invest $1.5 billion in SB Energy under OpenAI data center deal

Nvidia will invest $1.5 billion in SoftBank-backed <9984.T> SB Energy and secure up to ‌8 gigawatts of AI computing capacity at ‌an Ohio campus being built by the data center developer ​for OpenAI. The deal is the latest where Nvidia is financing the ecosystem consuming its chips, a strategy that has helped fuel demand but also drawn ‌scrutiny over the circular ⁠flows of funds from the chipmaker to its biggest customers. Leading tech firms are ⁠increasingly tying together chips, power and data center development as they race to secure the infrastructure needed ​for ​increasingly power-hungry AI models.

Groq Valued at $3.5 Billion in Funding Round After Nvidia Deal
Bloomberg7d agoneutral
Groq Valued at $3.5 Billion in Funding Round After Nvidia Deal

Groq has raised $350 million in funding at a $3.5 billion valuation, roughly half what it was worth nearly a year ago before Nvidia Corp. struck a licensing deal with the startup and hired away much of its talent.The financing, set to be announced Monday, was led by Dallas-based investment firm Disruptive. Nvidia is also set to invest in the round, according to a representative for Groq. Nvidia did not respond to a request for comment. Founded in 2016, Groq was among the companies developing the

AI Chips Today - Fort Technology Expands Amid Record Revenue and Strategic Acquisitions
Simply Wall St.7d agoneutral
AI Chips Today - Fort Technology Expands Amid Record Revenue and Strategic Acquisitions

Recent developments in the AI Chips sector highlight significant growth and strategic expansions. Fort Technology Inc., a subsidiary of Nexera Technologies, reported a record 49% increase in revenue and a 145% rise in gross profit for the first half of 2026. This growth is attributed to a substantial increase in units sold through the Amazon Marketplace and the expansion into new European markets. Additionally, Fort Technology is expanding its focus into data center solutions through the...

Rothschild upgrades Apple to Buy as foldable iPhone and AI strategy drive optimism
InvestorsHub8d agobullish
Rothschild upgrades Apple to Buy as foldable iPhone and AI strategy drive optimism

Rothschild & Co Redburn has upgraded Apple (NASDAQ:AAPL) from Neutral to Buy and lifted its price target sharply to $400 from $260, citing the company’s expected entry into foldable smartphones alongside the potential evolution of its artificial intelligence strategy. Analysts led by Timm Schulze-Melander said Apple’s AI offering, Apple Intelligence, has so far fallen short of expectations, with the technology group relying on a customised version of Google’s Gemini model for capabilities includ