The Second Five Hundred Billion
Jensen Huang doubled Nvidia's AI chip forecast: $500 billion through 2026 became $1 trillion through 2027. One year matching all prior years combined. At the same GTC, the headline new product was an inference server — and OpenAI launched its smallest models yet.
Jensen Huang says Nvidia expects its flagship AI chips to help generate $1T+ in sales through 2027, after previously forecasting $500B in sales through 2026
Nvidia Corp. Chief Executive Officer Jensen Huang, addressing crowds at the company's biggest annual event …
OpenAI launches GPT-5.4 mini and nano, aimed at agents, coding, and multi-modal workflows, and offering near GPT-5.4-level performance at a much lower cost
ZDNET's key takeaways — GPT-5.4 mini runs more than twice as fast as GPT-5 mini. — New models aim at agents, coding, and multi-modal workflows.
Nvidia announces the Nvidia Groq 3 LPX, an inference server rack featuring 256 Groq 3 LPUs, 128GB of SRAM, and 40 PBps SRAM bandwidth, available in H2 2026
Nvidia announced Monday at GTC 2026 that its new Groq-based inference server rack will be available alongside the Vera Rubin NVL72 rack …
Samsung says it is winding down its $2,899 Galaxy Z TriFold sales in South Korea and the US once it clears its inventory, after just three months on the market
Nvidia unveils DLSS 5, which uses a real-time neural rendering model to add photorealistic lighting to video game frames, coming this fall to RTX 50-series GPUs
At its GTC 2026 event, Nvidia has revealed the next generation of DLSS. DLSS 5 isn't a frame-rate, frame generation or performance enhancing technology.
Google expands Personal Intelligence, which lets Gemini tailor its responses by connecting to Gmail and other Google services, from paid users to all US users
Google announced on Tuesday that it's expanding Personal Intelligence, its feature that allows its AI assistant to tailor …
Arizona sues Kalshi for allegedly operating an illegal gambling business and unlawfully facilitating betting on elections; Kalshi faces a similar suit in Nevada
It's also facing a similar lawsuit in Nevada. — Kalshi has been sued by Arizona's attorney general for operating …
Microsoft says former Snap executive Jacob Andreou will lead Copilot for commercial and consumers; Mustafa Suleyman will focus on building new AI models
Microsoft said Tuesday that it's bringing together the engineering groups for its commercial and consumer Copilot assistants, which have yet to gain broad adoption.
Nvidia says game developers “have artistic control over DLSS 5's effects”, following backlash alleging that the AI rendering tech alters the source material
everyone else is calling it uncanny AI slopDiya Lal /Tech in Asia:Nvidia unveils genAI system for real-time video game graphicsJulian Ebert /mxdwn Games:Nvidia Announces AI Generative DLSS 5 to Arrive...
Meta says Quest users will lose access to Meta Horizon Worlds on the headsets on June 15; access will continue on the Meta Horizon mobile app
Meta Platforms Inc. said that users of its Quest headsets will lose access to Horizon Worlds, a virtual destination where cartoon versions of people …
Mistral announces Mistral Forge to help enterprises build custom models actually trained on their own data, using Mistral open-weight models as a starting point
Most enterprise AI projects fail not because companies lack the technology, but because the models they're using don't understand their business.
Robinhood Ventures Fund I discloses its first investments, buying $14.6M of Stripe shares and $20M of ElevenLabs' preferred stock in March
The closed-end fund aims to give everyday investors exposure to private firms before they go public. — What to know:
Amazon begins three-hour deliveries in ~2K US cities and towns and one-hour deliveries in hundreds of those areas, after 2025 pilots; 90K+ products are eligible
Amazon said Tuesday it's starting one-hour and three-hour deliveries in parts of the U.S., as the company continues to look for ways to satisfy impatient consumers.
Brian Lynch, Apple's senior director in charge of home devices since 2022, leaves for Oura, a setback for a unit already contending with product delays
Apple Inc.'s top hardware engineering executive overseeing home devices is leaving for smart ring maker Oura Health Oy …
Mastercard agrees to acquire London-based stablecoin payments infra startup BVNK for up to $1.8B, including $300M in contingent payments, set to close in 2026
Mastercard (MA.N) said on Tuesday it would buy stablecoin payments infrastructure firm BVNK for up to $1.8 billion.
Intel unveils the Core Ultra 200HX Plus CPUs for high-end gaming laptops, offering an Intel Binary Optimization Tool to improve native performance in some games
The new flagship Core Ultra 9 290HX Plus is accompanied by a Core Ultra 7 270HX Plus.
NetBlocks and Kentik: Iran further restricted what little internet connectivity remained to curb VPNs, possibly to forestall protests during Festival of Fire
Iran's internet, which has been heavily throttled by the regime since the outbreak of war, has gone even darker over the past 48 hours …
EU countries introduce sanctions on hacking groups, including Iran's Emennet Pasargad, which hacked magazine Charlie Hebdo in 2023, and two Chinese companies
Countries impose measures on Iranian, Chinese companies providing hacking services. — BRUSSELS — European Union countries …
At an all-hands, Andy Jassy said he expects AI to help AWS reach $600B in annual sales by 2036, double his prior estimate; AWS had revenue of $128.7B in 2025
Amazon O> CEO Andy Jassy said during an internal all-hands meeting he expects artificial intelligence could help cloud computing …
Sources: China is penalizing people tied to Meta's $2B Manus acquisition, including by apparently restricting Manus executives from leaving China for Singapore
The country appears to be cracking down on people linked to the acquisition of Manus, a Singapore company with Chinese roots, as President Trump prepares to visit Beijing.
Q&A with CEO Jim Lanzone on Yahoo being “very profitable”, its new AI search engine, focusing on sports content, including original video and podcasts, and more
Today, I'm talking with Jim Lanzone, who is the CEO of Yahoo. — It's basically impossible to sum up the Yahoo story …
SEC and CFTC issue guidance on which digital assets are securities, carving out stablecoins, digital collectives, and digital commodities as non-securities
The Securities and Exchange Commission issued a long-awaited “token taxonomy” on Tuesday, a key step forward laying out which types of digital assets it deems to be securities.
You.com appoints Saahil Jain as new CTO after co-founder Bryan McCann left for Anthropic; You.com, which began in consumer search, is targeting enterprise more
AI startup You.com, valued at $1.5 billion after a funding round in September, is changing its senior leadership as it focuses on helping businesses adopt AI.
Mistral releases Small 4, its first model to unify the reasoning, multimodal, and coding capabilities of its flagship Magistral, Pixtral, and Devstral models
Today, we are announcing Mistral Small 4. This model is the next major release in the Mistral Small family.
Candex, which helps large companies pay small, one-time, or irregular vendors, raised a $40M Series C, bringing its total funding to more than $120M
For companies operating around the world, hiring vendors for one-off purchases in other countries can be a complicated process, eating up time and resources.
Jensen Huang says Nvidia is in the process of restarting manufacturing of its H200 chips for shipments to China and it has received orders from “many customers”
Nvidia CEO Jensen Huang said the company is in the process of restarting manufacturing of its H200 chips for shipments to China.
An Argentine court ruled Polymarket lacked approval to operate and directed ISPs and app stores to restrict it; Polymarket is now unavailable in 30+ countries
The ruling directs internet providers to block access to the site, and Apple and Google to remove or restrict Polymarket's mobile apps.
Q&A with Jensen Huang on Nvidia's CUDA core, reasoning and coding, CPUs' role in accelerated computing, Groq, China and the doomers, Nvidia's nature, and more
This week's Stratechery Interview is running early this week, as I had the chance to speak in person with Nvidia CEO Jensen Huang …
Tel Aviv- and Seattle-based Native, which helps companies monitor security across cloud providers, emerges from stealth with an $11M seed and a $31M Series A
What to read next
Q&A with Ted Sarandos on his visit to Brussels, Netflix's European investments, EU regulation, YouTube, TikTok, WBD, Trump's Susan Rice criticism, AI, and more
Netflix co-CEO Ted Sarandos arrives in Brussels on Tuesday with a clear message for EU regulators ahead of a looming review …
World launches AgentKit, a software development tool that enables sites to verify that a real human is behind the purchasing decisions of AI shopping agents
World, co-founded by Sam Altman, is dedicated to creating what it calls “proof of human” tech—ID verification tools …
Open model providers will largely lose if they keep chasing closed frontier AI models; instead, open models should serve as complementary tools to closed agents
Markets, capabilities, cope, and bewilderment in the industrialization of language models. — Article voiceover
Crypto trading firm GSR says it is acquiring Autonomous and Architech for $57M, expanding into token advisory and capital markets services
The firm, best known for being one of the oldest crypto market makers, acquired Autonomous and Architech to combine token launch services, trading and treasury management tools.
Sources: OpenAI signed a deal with AWS to sell its AI services to US government agencies for both classified and unclassified work, amid the Anthropic-DOD spat
OpenAI on Friday signed a new contract with Amazon Web Services to sell its AI to U.S. government employees for both classified …
Baidu is integrating OpenClaw with its Xiaodu devices to work as voice-controlled remotes, joining Tencent and Alibaba in racing to capitalize on agentic AI
Baidu Inc. is betting on the breakout success of OpenClaw to offset a decline in its core business.
IBM closes its $11B deal for data streaming company Confluent; IBM CEO Arvind Krishna says he expects IBM will maintain or grow its head count over five years
Deal will help companies access their data for AI agents, says IBM CEO Arvind Krishna, as he brushes off AI's risk to IBM's business
Qualcomm says it plans to buy back another $20B worth of shares and is raising its quarterly cash dividend, after unveiling a $15B buyback in November 2024
Qualcomm Inc., the largest maker of smartphone processors, plans to buy back another $20 billion worth of shares and is raising its quarterly cash dividend.
Q&A with Kalshi co-founders Tarek Mansour and Luana Lopes Lara on suing the US government, solving market making, agentic and insider trading, ethics, and more
Tarek Mansour and Luana Lopes Lara are the co-founders of Kalshi, the first federally regulated prediction market in the US.
PayPal expands access to its PYUSD stablecoin from the US and the UK to 70 countries in total, including Colombia, Panama, Peru, Singapore, Uganda, and Malawi
PayPal is dramatically expanding the map of countries where users can send and receive its branded stablecoin.
Darton Commodities: the global cobalt shortage is set to persist through 2030, after Congo limited exports in 2025; the DRC accounts for 70%+ of global supply
A global cobalt shortage is expected to persist through the end of this decade as export restrictions from top producer Democratic Republic …
Enterprise AI automation startup Standard Template Labs raised a $49M seed co-led by Iconiq and CRV, a source says at a $300M post-money valuation
The deal is Iconiq's first-ever startup incubation. — Standard Template Labs, founded by former Datadog Inc. President Amit Agarwal …
US startup Reflection AI is working with South Korea's Shinsegae Group to build a 250MW data center in South Korea, sources say in a several-billion-dollar deal
Agentic cybersecurity startup Surf AI, which helps teams read signals from identity, cloud, and other tools, emerges from stealth with $57M in seed and Series A
What to read next
Halcyon, which uses AI to aggregate documents from public utility commissions, energy regulators, and more, raised a $21M Series A led by Energize Capital
Amsterdam-based Nebius plans to raise ~$3.75B in convertible debt to fund its data center expansion and to purchase customized AI chips, after its Meta deal
Artificial intelligence data center developer Nebius Group NV said it intends to raise about $3.75 billion in convertible debt …
Digital asset wealth management platform Abra plans to go public on Nasdaq via a SPAC merger with New Providence at a $750M pre-money valuation
How Trump's opposition to state-level AI regulation has driven a wedge in the GOP, killing Florida's proposed AI Bill of Rights, which Governor DeSantis backed
Fuse, which offers AI-powered loan origination software to credit unions and other financial institutions, raised a $25M Series A
In 2023, after three years of building an automotive lending startup, Fuse co-founders Andres Klaric and Marc Escapa realized that LLMs could modernize something …LinkedIn:FuseLinkedIn:Fuse:Today, we ...
Sources: Google is in talks with Envicool and other Chinese companies about buying liquid cooling equipment for data centers, amid a tight supply of such parts
Alphabet's Google (GOOGL.O) is in talks with Envicool (002837.SZ) and other Chinese firms about buying liquid cooling equipment for data centres …
RoboForce, which is developing robotics systems to perform physically demanding industrial work, raised $52M led by YZi Labs, bringing its total funding to $67M
Z.ai launches GLM-5-Turbo, a closed-source, faster, and cheaper variant of GLM-5 optimized for agent-driven workflows and OpenClaw-style tasks
Sources: OpenAI appoints new leaders to oversee Stargate after deciding to rent more AI servers from cloud providers, and splits its computing effort in three
Gecko Robotics secures a $71M US Navy contract to use robots to slash repair time for dated ships, as the US races to reindustrialize its aging defense systems
Gecko Robotics, a Pittsburgh-based robotics startup, on Tuesday announced a $71 million deal with the U.S. Navy to cut …
A reporter details harassment and death threats from gamblers who would win a Polymarket bet if he changed his report on an Iranian missile's impact in Israel
Nscale acquires American Intelligence & Power, which owns a 2,250-acre data center campus in West Virginia, where it plans to expand to ~8GW of compute by 2031
Apple acquires MotionVFX, a Polish company that develops plugins, visual effects, and motion graphics tools for Final Cut Pro
Apple unveils the $549 AirPods Max 2, with an H2 chip, up to 1.5x more effective ANC, studio-quality audio recording, and camera remote, shipping in early April
Sources: KKR, Blackstone, and other investors have turned down some data center debt because of insufficient insurance against risks like natural disasters
Lack of sufficient cover means some investors are walking away from deals — Lenders looking to fund the build-out of data centres …
Sources: OpenAI is in advanced talks with PE firms including TPG and Advent to form a JV that would distribute its enterprise tools to their portfolio companies
Austin-based Ironlight, which is building a regulated marketplace for tokenized securities, raised a $21M Series A; its platform received FINRA approval in 2025
SK Group Chair Chey Tae-won says memory chip makers are expanding capacity but are unlikely to match demand until around 2030; basic wafer supply lags by 20%+
A global shortage of memory chips is likely to persist another four to five years because of endemic constraints in semiconductor production …
Encyclopedia Britannica and its Merriam-Webster subsidiary sue OpenAI for allegedly misusing their reference materials to train its AI models
Encyclopedia Britannica and its Merriam-Webster subsidiary have sued OpenAI in Manhattan federal court for allegedly misusing their reference materials …
Alibaba launches Wukong, an enterprise AI platform that can coordinate AI agents to handle business tasks like document editing and research, in a closed beta
Nvidia forms the Nemotron Coalition, which includes Cursor, LangChain, Mistral AI, Perplexity, and Thinking Machines Lab, to build an open model on DGX Cloud
Locking in open source support — Nvidia has launched an open AI model development coalition, named Nemotron, and will provide compute.
A group of Tennessee teenagers sues xAI, alleging its AI tools were used to create nude images of them by editing photos in which they were clothed
The UK plans to spend £1B+ on quantum computing research over four years, including funding companies in pharmaceuticals, financial services, and energy
The UK will spend more than £1 billion ($1.3 billion) on quantum computing research over the next four years …
In an all-hands, OpenAI CEO of Applications Fidji Simo described a strategy shift to refocus on coding and business users, urging staff to avoid “side quests”
A top leader urges staff not to be distracted by ‘side quests’ as the company plans shift of resources to coding, enterprise businesses
How Disney Imagineering built Olaf, a robot set to arrive at Disneyland Paris later in March, and taught it to move via reinforcement learning and simulation
The next-gen robot arrives at Disneyland Paris this month — It's been less than five months since Walt Disney Imagineering showed off …
Manus introduces My Computer, a Windows and macOS app that enables its general AI agent to interact directly with the user's local files, tools, and apps
Until today, Manus has lived entirely in the cloud. — The cloud sandbox has served Manus well. Inside an isolated, secure environment …
As AI models commodify, Apple's plans to spend just $14B on 2026 capex, far below hyperscalers' combined $650B, or 90%+ of their cash flow, may be a genius move
The 3rd? most valuable company on Earth watched as its rivals lit $650 billion on fire and did nothing.
Berlin-based Upvest, which builds trading APIs for neobanks and retail lenders, raised $90M in equity, sources say at a $735M valuation, up from ~$413M in 2024
German fintech Upvest, which supplies brokerage technology to neobanks such as Revolut and to retail lenders …
Nvidia announces NemoClaw, which combines the OpenClaw agent platform with components of Nvidia's Agent Toolkit to add privacy and security controls
At its annual GTC conference, Nvidia on Monday announced the Nvidia Agent Toolkit, which brings together open models, runtimes, open skills …
Nvidia unveils a liquid-cooled server rack with 256 Vera CPUs, each of which features 88 custom Olympus cores and LPDDR5X memory for up to 1.2 TB/s of bandwidth
GTC Intel and AMD take notice. At GTC on Monday, Nvidia unveiled its latest liquid-cooled rack systems.
Nvidia unveils Space-1 Vera Rubin for orbital data centers, saying the GPU delivers up to 25x more AI compute for space-based inferencing compared to the H100
up to 25x the AI compute of H100 for orbital data centers
Nvidia says BYD, Geely, Isuzu, and Nissan will use its Drive Hyperion AV platform, and that Uber will launch Hyperion-powered robotaxis across 28 cities by 2028
Jensen Huang Says ‘Everything That Moves’ Will Be AutonomousEdward Loh /MotorTrend:Hyundai, Nissan, BYD, and Geely join Nvidia's Level 4 Self-Driving TechByun Hye-jin /The Korea Herald:Hyundai-Nvidia ...