Nvidia is in talks to provide Nscale with billions of dollars in credit
Sources: Nvidia is in talks to provide Nscale with billions of dollars in credit guarantees for debt to develop a 460MW data center that Anthropic plans to use
TL;DRNvidia backing Nscale's $460MW data center financing for Anthropic's compute needs.
Why it matters: Shows chip makers financing infrastructure to secure AI workload customers and lock in demand.
On Amazon's earnings call, Andy Jassy says outside AI shopping agents
TL;DRAmazon CEO says rival AI shopping agents aren't good enough to threaten Amazon yet.
Indian AI infrastructure company AM Intelligence seeks
TL;DRIndian AI firm AM Intelligence raising $3B to buy Nvidia's Vera Rubin telescope systems.
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AWS will be a $1T business, Jassy says. But first, it will spend big.
AWS targeting $1T revenue but needs massive spending to compete in AI.
Binance "temporarily suspended" all deposits and withdrawals
Binance halted all deposits and withdrawals over security concerns while investigating with law enforcement.
Exclusive: Cybersecurity Mania Could Push Cyera Valuation to $20 Billion
Cyera, a data security startup, seeks funding that would value it at $20 billion.
PC chip plunge wipes out a quarter of Intel’s value
Intel's stock crashes as production delays threaten to derail a coming datacenter boom.
NYSE owner ICE plans US-regulated Hyperliquid-based perpetual markets
NYSE owner ICE is launching regulated crypto perpetual futures markets via Hyperliquid partnership.
Big Tech’s $750 Billion AI Bet Collides With Slowing Core Growth
Tech giants' massive AI spending isn't translating to growth in their main revenue sources.
Odd Lots: What Wall Street Really Thinks About the AI Trade Now
Wall Street's enthusiasm for AI stocks is cooling despite recent wins from Anthropic and Microsoft.
Chip Suppliers Lead $765 Million Month-End Listing Rush in HK
Chip suppliers drove $765M in Hong Kong IPOs on month-end deadline.
You don’t need to believe in a god to get a religious exemption
UK admin got religious exemption from workplace AI without requiring actual religious belief.