The company making the memory chips for AI training just became worth more than the company that makes the apps people actually use. CXMT Corp. overtook Tencent Holdings as China's most valuable company, marking the first time a memory chip maker has topped the country's valuation rankings
Continue reading ›
Corporate treasurers who bought Bitcoin for inflation hedging are now writing checks for Nvidia GPUs instead. Bitcoin trades flat near $63,500 as U.S. Producer Price Index comes in softer than forecast, but underlying inflation pressures remain sticky despite mild July CPI
Continue reading ›
Anthropic is about to spend more buying one AI startup than most companies raise in a lifetime, and the math only works if chips are the new bottleneck. Anthropic is in talks to acquire AI startup Decart for $6 billion, making it the company's largest known acquisition
Continue reading ›
The mouse is finally retiring from its century-long pharmaceutical career — and taking a $90 billion failure rate with it.
Continue reading ›
The banks that funded globalization just announced they're betting trillions on reshoring — and they're racing each other to get there first.
Continue reading ›
India's race to become an AI hub collides with the hardest constraint in computing: electricity doesn't scale at Moore's Law. AI infrastructure is driving a sharp increase in power demand from data centers in India, according to Tata Power CEO Praveer Sinha and energy analysts
Continue reading ›
When the AI boom creates chip shortages, someone always fills the gap—and this time it's not an American or European company.
Continue reading ›
The companies selling picks and shovels to the AI gold rush just got more confident about how long the boom will last. ASUS raised its 2026 AI server growth target mid-year, citing stronger-than-expected demand for AI infrastructure
Continue reading ›
You can't sandbox something that needs to email your CFO, join Slack channels, and access your CRM to do its job.
Continue reading ›
The Chinese AI lab that rattled Silicon Valley with cheap reasoning models just opened job postings for coding agent developers — right as Anthropic's Claude Code prints money.
Continue reading ›
Cerebras just proved you can beat earnings, raise guidance, unveil next-gen hardware, and still watch your stock crater 15% — welcome to the new reality where AI infrastructure investors care more about burn rate than benchmarks.
Continue reading ›
The chip company that bet everything on being different just discovered that different doesn't mean predictable. Cerebras reported a decline in hardware revenue, a surprising reversal for the newly public company that builds AI computers with wafer-scale chips
Continue reading ›
Cisco just turned in $9.3 billion in AI orders, then told Wall Street it'll only collect $7.5 billion this year — and that gap is the whole story of infrastructure lag in the agent economy.
Continue reading ›
The machines that train AI are now being used as collateral, and nobody's quite sure what they're worth when the music stops.
Continue reading ›
The AI gold rush has its own version of vendor financing, and Wall Street just decided it's not a problem. Counterpoint's Neil Shah discusses Nvidia's "circular deals" — the practice of chip companies financing the very customers buying their GPUs to power AI infrastructure
Continue reading ›
The checks are getting written before the infrastructure even exists. Goldman Sachs is part of a consortium committing over $500 billion to NVIDIA, marking one of the largest institutional bets on AI infrastructure in history
Continue reading ›
The economics of the AI boom just flipped: chips that were supposed to be worthless in three years are booking revenue into their ninth year of life. CoreWeave signed contracts to rent Nvidia A100 GPUs through 2029 — chips launched in 2020 that short sellers bet would be obsolete by now
Continue reading ›
Someone's finally building the Blue Book for AI chips — and CME wants to build futures on it. Silicon Data raised $30.5M to build pricing and performance benchmarks for AI compute, positioning itself as an "independent referee" for the GPU market
Continue reading ›
Nvidia just invented a way to sell half a trillion dollars worth of chips without putting them on its balance sheet, and Google's stock is paying the price.
Continue reading ›
The market is quietly pricing in the possibility that the company building the AI future might not survive it. Nvidia's credit default swap (CDS) spreads have spiked to near-record levels, signaling traders are paying more to insure against the company defaulting on its debt
Continue reading ›