QumulusAI Blackwell Deal Pays in Trading Profits, and the Hedge Fund Stays Unnamed
QumulusAI signed a Blackwell GPU capacity deal with an agentic hedge fund, a first-of-kind deal showing AI trading firms now compete for compute like model.
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Nvidia’s Jensen Huang Names Memory as AI’s Biggest Bottleneck, and It Is Not the GPU
Nvidia CEO Jensen Huang says memory is now AI’s biggest constraint, a diagnosis that could deepen the company’s grip on the global AI hardware market.
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OpenAI Is Buying AMD Helios, and the AI Chip Duopoly Question Just Changed Shape
AMD Helios has won OpenAI, Microsoft, Meta and Oracle as buyers, giving AMD a stronger foothold against Nvidia in large-scale AI racks.
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Samsung’s $62B Profit Is a Record: AI Chip Demand Outran Every Forecast
Samsung AI chip demand helped Samsung post a record $62 billion quarterly operating profit, underscoring surging AI data center spending.
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Why Did the U.S. Hand GlobalFoundries $300M? Look Between the AI Chips
The U.S. government awarded GlobalFoundries $300M to advance silicon photonics, the technology that could break AI’s data-transfer bottleneck at the chip level.
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Nvidia Bets $5 Billion on Safe Superintelligence: Chip Supplier Turns Frontier-Lab Backer
Safe Superintelligence gains a $5 billion Nvidia investment, giving the frontier lab preferential GPU access and reshaping AI competition.
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Nvidia’s Vera Rubin Systems Go to SSI First, and the Chipmaker Now Shapes the AI Race
Nvidia has made a substantial investment in Safe Superintelligence and will supply the lab with next-gen Vera Rubin AI systems, Bloomberg reported July 27.
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AI ETFs Top $65 Billion, and the Chip Stock Trade Is Quietly Losing Its Grip
AI ETFs have grown to $65 billion in assets, per J.P. Morgan data, as institutional investors make the sector one of the fastest-growing thematic categories in.
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CXMT Soars 500% in Shanghai Debut — Now the Mainland’s Most Valuable Listed Company
Chinese Chipmaker CXMT Soars 500% in its Shanghai debut, becoming the mainland’s most valuable listed firm as China pursues chip self-sufficiency.
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Microsoft Buys GPU Compute From Mistral — The Cloud Hierarchy Just Inverted
Microsoft now buys GPU compute capacity from Mistral AI, reversing their 2024 investor-customer relationship in a deal reshaping European AI infrastructure.
