The AI infrastructure build-out just minted another unlikely winner, and it's not who you'd expect. Kioxia Holdings, a Japanese memory chip maker, saw shares flooded with buy orders after reporting profit numbers driven by AI data center storage demand
Continue reading ›
China's immediate walkback from "historic" to "preliminary" turned a $250B victory lap into a masterclass in political theater versus actual commerce. Trump visited Beijing May 14-15 with 17 CEOs in tow, roughly 40% with crypto ties, to negotiate what headlines called historic trade deals
Continue reading ›
The people building the AI future are having an identity crisis about whether they matter in it. Menlo Ventures partner Deedy Das says no one in Silicon Valley is happy — not the newly rich AI founders, not the $500k engineers, not the middle managers watching their jobs vanish.
Continue reading ›
NVIDIA just drew a line in the sand: if you're building voice AI in 2026, you're either using NeMo or explaining why not. NVIDIA NeMo Speech is a production-ready framework for building speech AI, covering ASR, TTS, and multimodal voice applications — with new models shipping monthly
Continue reading ›
The AI infrastructure gold rush just got its first public validator, and the market put a $15 billion exclamation point on it. Cerebras Systems shares surged 89% in their trading debut after raising $5.55 billion in 2026's largest IPO
Continue reading ›
The White House just made Nvidia's datacenter roadmap a bilateral talking point—turns out export controls matter less when the president handles sales himself. Trump and Xi discussed Nvidia's H200 chips directly, elevating AI compute access to head-of-state diplomacy
Continue reading ›
Six weeks of institutional conviction just reversed in five trading days, and the money didn't go to cash. Spot Bitcoin ETFs hemorrhaged $1 billion over one week, ending a six-week streak that had brought in $3.4 billion
Continue reading ›
The most expensive commodity in AI isn't data anymore—it's the GPUs to process it, and now you can bet on the price. CME Group is launching the world's first computing power futures market in partnership with Silicon Data, allowing traders to hedge or speculate on GPU rental costs
Continue reading ›
Record revenue, soaring stock, and 4,000 people shown the door—this is what "AI transformation" looks like when you're paying for it. Cisco is cutting fewer than 4,000 jobs, under 5% of its workforce, to refocus on AI infrastructure—chips, fiber optics, and security.
Continue reading ›
OpenAI just stopped renting compute and started buying the factory. OpenAI is investing $20B for an 11% stake in Cerebras, moving from customer to co-owner of its chip supplier The first product off this new hardware: GPT-5.3-Codex-Spark, a real-time coding model optimized for Cerebras silicon
Continue reading ›
Nvidia just created an entire Oracle in four days—and did it with zero revenue from the world's largest AI market. Nvidia added $591B in market cap over four days, more than Oracle's entire $588B valuation, pushing its total past $5.5T
Continue reading ›
The companies assembling AI's physical layer are printing money while the market obsesses over who's training the models. Hon Hai Precision Industry (Foxconn) reported stronger-than-expected quarterly profit, driven by AI server assembly for Nvidia
Continue reading ›
The AI chip wars just got a $40 billion new player with the capital to build at scale while NVIDIA still owns the training game. Cerebras Systems raised $5.55 billion in 2026's largest US IPO, pricing shares at $185 and landing a $40 billion valuation
Continue reading ›
Jensen Huang just changed his RSVP to the highest-stakes business dinner of the decade. Nvidia CEO Jensen Huang joined Apple's Tim Cook and Tesla's Elon Musk on Trump's trade summit trip to China, a 36-hour visit with Xi Jinping covering war, tariffs, and Taiwan
Continue reading ›
The GPU cartel just got its first credible challenger with real money behind it. SoftBank poured $450 million into Graphcore, the UK chip designer that's been trying to crack Nvidia's stranglehold on AI compute
Continue reading ›
The UK just put $220 million where its mouth is on the bet that AI chip economics are fundamentally broken. Fractile, a UK AI chip startup, raised $220 million to manufacture its first processors designed specifically for AI workloads
Continue reading ›
The hardware giant that powered the internet's pipes is betting it can build the infrastructure for the agent economy—if it fires enough people first. Cisco announced thousands of job cuts alongside a better-than-expected sales forecast, framing the layoffs as a strategic pivot to AI infrastructure
Continue reading ›
If Anthropic closes this deal, it becomes worth more than Meta, Tesla, or Berkshire Hathaway without ever shipping a consumer hit anyone outside tech Twitter talks about.
Continue reading ›
While Nvidia prints money selling picks and shovels, Cerebras just bet $4.8 billion that the entire mine is designed wrong. Cerebras priced its IPO at $185 per share, targeting a $4.8 billion raise after upsizing the offering by one-third due to strong demand
Continue reading ›
The chip wars just became a software game—and Nvidia's betting that selling shovels beats selling gold when agents start thinking in loops instead of lines.
Continue reading ›