Nvidia's $3.5 Billion Bet Behind the Rack
AI compute capacity allocation now runs through power leases, packaging lines and export approvals. Nvidia disclosed $3.5 billion in guarantees for companies leasing land, power and data-center facilities.
This Week in Tech: OpenAI’s $11B Round Meets a Data-Center Backlash
Democratic wins could bring half of proposed AI data centers under more scrutiny even as OpenAI closed roughly $11 billion in new funding. Anthropic’s $23.3 billion quarterly loss and 1.7-gigawatt generator commitment show the costs behind the buildout.
Marvell’s $115 Billion Lumentum Deal Has No Output Count
Nvidia committed $2 billion to Lumentum’s U.S. research and manufacturing. Marvell then agreed to acquire the optical-components maker in a $115 billion all-stock transaction including debt.
ASML’s 2028 Capacity Plan Still Leaves a Queue
Despite a previously communicated 30% capacity increase for 2028, ASML expects a 2027–28 tool shortfall as customers express interest in 2029–30 orders.
Groq Kept the Company. Nvidia Got the Rack.
Nvidia’s reported $20 billion non-exclusive Groq agreement brought Jonathan Ross and other executives to Nvidia; reports said roughly 90% of employees would follow. Nvidia later put a Groq-designed inference rack into full production under its own brand, with Nebius as its first customer.
Nvidia's board launches a probe into whether Jensen Huang was targeted by a foreign spy plot, saying it has “no reason to believe” that secrets were compromised
Nvidia Corp.'s board is launching an investigation into whether Chief Executive Officer Jensen Huang was targeted …
Sources: John Ternus wants more urgency in Apple's AI efforts, pushing Craig Federighi to move beyond Siri AI tweaks to agentic and other advanced capabilities
The company wants to turn Siri into a true AI agent. … Apple's new CEO is pressing software chief Craig Federighi …
The US OCC fully approves Coinbase to become a chartered trust bank; sources say it could expand Coinbase's stablecoin business by letting it issue stablecoins
Coinbase Global Inc., the largest US crypto exchange, said a key regulator has fully signed off on its request to become …
Meta releases Muse Ember, its smallest and most cost-efficient AI model yet, saying it delivers more intelligence per dollar than Haiku 5.5 and GPT-6 Luna
Meta Superintelligence Lab released a new AI model on Monday called Muse Ember, the lab's lightest and most cost-efficient AI model yet.
Anthropic releases Mythos 5.2 and Fable 5.2, saying they are “best for the most ambitious, open-ended technical work”, with outputs up to 30% faster than 5.1
We've upgraded Claude Fable and Claude Mythos—models that are designed to tackle the most daunting technical challenges.
Uber launches Uber Parking, an in-app parking reservation tool powered by its SpotHero acquisition, in 15 US cities, including Chicago, NYC, and San Francisco
Powered by its SpotHero acquisition, Uber's new parking reservation tool is a play for commuter loyalty — and a staging ground for its robotaxi future.
Google rolls out a Googlebook update that frees up 3GB to 6GB of RAM via on-device AI optimizations, reduces Chrome crashes, patches ~60 Android flaws, and more
Google's latest Googlebook update frees up to 6GB of RAM and fixes Chrome crashes. … Google is rolling out its November update for Googlebook …
Sources: Anthropic bought commitments for 1.7GW of gas-fired generators from equipment supplier OnePWR for $3.4B, the largest known such purchase by an AI lab
AI lab bypasses traditional suppliers to secure scarce equipment as demand for energy surges — Anthropic has struck a massive deal …
Internal EU assessment: Russia's “Operation Overload” opportunistically exploited recent French riots by spreading fabricated videos impersonating Western media
A covert Russian network sought to exploit last month's riots in France by using social media to blame the unrest …
When talking about AI safety, President Trump says “I don't mind guardrails. But I don't wanna put us in a deep second position”, and “China has no guardrails”
This past Tuesday, President Donald Trump's Republican Party suffered an extraordinary midterm repudiation …
How Sequoia's Alfred Lin and Pat Grady erased Roelof Botha's legacy, halving GPs and unwinding his fund; sources: he joined SpaceX's board before telling the VC
Closures of London office and permanent capital fund mark latest efforts to streamline Silicon Valley VC firm
Elliptic: hackers behind the $6.3B Binance heist created at least six memecoins on the NEAR blockchain network to launder about $430,000 of stolen funds
The hackers who stole $6.3 billion from Binance Holdings Ltd. in crypto's biggest ever heist have turned to one of the sector's …
US professional services added 70K jobs in October, the most since July 2022, as AI-exposed consulting, legal, and accounting all grew despite AI job-loss fears
Strong hiring at law offices, consulting firms staves off fears of job apocalypse — Consulting firms, law offices …
An interview with Cognition CISO Alex Stamos on how AI is upending cybersecurity, AI-powered red teaming, handling vulnerabilities in legacy codebases, and more
Today, I'm talking with Alex Stamos, chief security officer at Cognition and longtime cybersecurity expert, about what a mess cybersecurity is right now.
Analysts warn Russia's Rassvet broadband satellite network could come online as early as 2027 after its troubled development, enabling more deadly drone strikes
Moscow's flagship space project would enable more deadly drone strikes deep inside Ukraine — Russia is racing to launch …
Amsterdam police arrested between 150 and 200 protesters for trespassing and violence at a Microsoft data center construction site owned by Pure Data Centers
The people were protesting against the use of fossil fuel generators to power data centers.
AI infrastructure provider Fireworks says hackers accessed some customers' datasets, incomplete model weights, and billing information over the past month
Two customers told Forbes they had already substantially moved their business off Fireworks' systems, with one describing a series …
Job listings show Amazon is building a “new-to-world” home robot to operate “alongside family members”, after its $1,450 Astro reached only a few thousand homes
Jeff Bezos made a bold bet in 2017. A sci-fi and robotics enthusiast, Bezos was convinced that consumers …
US voters in Harwood, North Dakota rejected a ballot measure that opposed Applied Digital's $3B data center, set to open in 2027, bucking a nationwide backlash
On Election Day, much of the country turned against the massive projects that power AI. Here's why one place didn't. — SummaryLoading...
THORChain, which handled ~$1B of stolen Bybit funds in 2025 for $12M+ in fees, moved some Binance loot despite the FBI's request, saying it can't stop transfers
Some crypto developers say they can't stop North Korean hackers from laundering stolen funds through their platforms, frustrating law enforcement
Meta expands its AI age estimation tech globally to apply Instagram's Teen Account protections for millions of users from 13 to 17 who misrepresented their age
Meta says it will expand Teen Account protections to millions more kids, even if they've misrepresented their age.
Email to staff: Jensen Huang admits an affair, takes “full responsibility”, and says he fell short of his duties to Nvidia's board, shareholders, and employees
Nvidia CEO Jensen Huang admitted to having a romantic relationship with a suspected Chinese spy in a message to his company.
Mavria, which aims to build modular data centers that can be shipped by trucks, raised $130M across pre-seed and seed rounds at a $1B valuation led by Paradigm
Mavria has raised money at a $1 billion valuation to build modular data centers that can be shipped by truck
French officials say Iran's Revolutionary Guards were behind the cyberattacks that knocked out commercial refrigerators and freezers across France in October
French officials on Monday accused Iran's Revolutionary Guards of responsibility for the cyberattacks that knocked …
Nous Research unveils Arete-27B, a post-trained Qwen3.8-27B model that reinforces Western values, saying the underlying Chinese model's bias layer is shallow
Toronto-based Ada and SF-based Dialpad, both makers of AI customer service software, agree to merge, sources say in an all-share deal valuing Ada at ~$430M
Ada Support Inc., the Toronto-based company that makes AI customer service software for businesses, has agreed to combine …
DeepSeek says its open-source agent app Harness hit 1.54M DAUs by November 4, less than three months after launch, and uses ~92T tokens a day, or ~60M per user
DeepSeek, the Chinese AI disruptor, released striking adoption numbers for its AI agent infrastructure as it continues …
President Trump says Jensen Huang should stay on as Nvidia CEO after his affair admission: he is a “fine person” and “I haven't heard he's done anything wrong”
President Donald Trump called Jensen Huang a “fine person” and said he should stay on as the chief executive officer …
Tencent Chief AI Scientist Yao Shunyu says AI's bio abilities will soon make it “possible to do harm” and Anthropic has a “strong argument” for closed models
Artificial intelligence models will soon be powerful enough to master biology, presenting both benefits …Forums:r/Futurologyandr/technologyForums:r/Futurology:AI will soon master biology, unleashing n...
Disney and Adobe sign a multiyear deal to build proprietary “artist-led” generative AI models with Adobe Firefly Foundry to support Disney's production pipeline
The partnership will give Disney ‘early access’ to AI tech for its resorts, cruise line, ESPN graphics, and more.
Sources: Marco Rubio oversaw the drafting of a classified memo this spring warning US officials that Jensen Huang was in a close relationship with a Chinese spy
The secretary of state's role in drafting a secret memo highlights how top officials were concerned by last spring …
US federal prosecutors say businesses have lost $129M+ to scam calls that used AI-generated voices to mimic company executives in the 18 months since July 2024
A federal indictment alleges that three men used generative A.I. to impersonate voices of chief executives and lawyers to defraud companies of millions of dollars.
Sources: ByteDance is weighing expanding its data center project in Ceara, Brazil, with a second phase that would be larger than its ongoing $10B, 300MW project
TikTok owner ByteDance is considering expanding a data center project in northeastern Brazil, a move that would strengthen its standing …
Nominal, which builds software to make hardware manufacturing more efficient, raised $240M at a $3B valuation, up from $1B after an $80M Series B in March
Nominal Inc., a startup building software to make manufacturing more efficient, has raised $240 million in funding at a $3 billion valuation …
Sources: officials at the Commerce Department's AI safety center CAISSI were asked to informally report to a White House office, raising independence concerns
Sources: Marco Rubio oversaw the drafting of a classified memo this spring warning US officials that Jensen Huang was in a close relationship with a Chinese spy
The secretary of state's role in drafting a secret memo highlights how top officials were concerned by last spring …
Major environmental groups are embracing AI to analyze climate data, track forest fires, and more, even as they warn of the environmental impact of data centers
Google unveils two specialized TPUs launching in 2027: the 8tx, to be paired with an AMD CPU, and the 8i Max, a dual-chip package for long-context window tasks
Alphabet Inc.'s Google is rolling out a broader array of artificial intelligence chips, aiming to capitalize on its rapid ascent …
As companies replace human workers with AI agents, determining managers' grade and pay is becoming harder since both often depend on how many people they manage
I was chairing a panel discussion about AI the other day when someone in the audience asked about something I had never thought of before.
Medium launches TK, an AI-powered, minimalist note-taking, journaling, and private social networking app with daily prompts, its first major launch since 2017
The company is betting that the future of blogging looks a lot like group chats. … For the first time ever, Medium is becoming more than just a blogging platform.
An interview with ex-Shein Executive Chair Donald Tang who insists it was his decision to step down ahead of the troubled IPO, Shein's valuation rout, and more
Former chair of fast-fashion retailer on the ‘tough decision’ to step back weeks before its disappointing IPO
Apple will begin offering additional AI access via one-time $50 “intelligence usage packs” when monthly usage caps are met, starting in its Creator Studio apps
The crypto industry is bracing for a reckoning after Democrats won the US midterms and vowed to investigate the Trump family and its ties to the industry
The EU sues IBM, French IT group Atos, and Italian contractor Leonardo over delays building its smart border system, whose rollout caused travel chaos
Inside Inner Mongolia, China's fastest-growing AI data center region, where construction is accelerating with low building cost and no public backlash
Trump says the FBI is “looking into” Jensen Huang's affair, and the Nvidia CEO told him he “had absolutely no idea that the person in question was a spy”
President Donald Trump said Monday that Nvidia CEO Jensen Huang should not worry about the FBI looking …
Excluding Anthropic's IPO, AI companies sold or priced $300B+ of stock in 2026, with ~$100B more on tap, raising questions about how much the market can absorb
Beijing-based GenRobot AI, which develops equipment and software for collecting human demonstrations that can be used to train robots, raised a $100M Series A+
Nvidia drops 4.3% after its board opens an investigation into Jensen Huang; the company originally dismissed the interactions as “nothing unusual or unexpected”
Board of chipmaker opens investigation after chief executive Jensen Huang admits to affair
Alphabet's Wing plans to invest up to $125M over two years to build a 15,000-square-foot facility in Fort Worth, Texas, to produce tens of thousands of drones
Chinese media denies Beijing's link to Jensen Huang's affair, accuses the US media of a fabricated spy narrative, and warns the issue may hurt trade relations
the full timeline of how we got hereLucy Davalou /Euronews:Nvidia investigates whether CEO Jensen Huang was targeted by Chinese spy following alleged affairHuizhong Wu /Associated Press:China dismisse...
SpaceX plans a gas-fired power plant and super-compute facility in Starbase, TX, with ~$24B of investment for initial phases, per a public hearing notice
Jensen Huang's affair raises questions about Alice Huang's access to his devices and Trump conversations, and represents “another successful op” for China's MSS
On the Jensen Huang-Alice Huang affair, you have to give the MSS credit for running another successful op. They are good and getting better. I have seen some takes that it is no big deal he had an aff...
Jensen Huang maintains deep control over Nvidia, managing 60+ direct reports and owning a 3.56% stake, presenting a challenge for Nvidia's 10-person board
The chief executive has a tight grip on his company, presenting a challenge for Nvidia's board, which is investigating his affair with a woman believed to be a Chinese spy.
Sources: a Commerce Department investigation into Megaspeed for allegedly smuggling Nvidia chips to China was transferred to the DOJ after Nvidia intervened
An investigation into Megaspeed, a Singapore company that was buying advanced Nvidia A.I. chips, was transferred to the Justice Department …
Jensen Huang's scandal is a rare crisis in US corporate history, given the national security implications, his centrality to Nvidia, and its role in the AI race
There's little precedent in US corporate history for the crisis facing Nvidia after reports that Jensen Huang was targeted by a Chinese “honeytrap” operation.
Spines, which uses AI agents to edit and proofread amateur authors' books, design their covers, and handle their layout, raised $29M in equity and $35M in debt
Sources and filings: how Jensen Huang hired his children and other family members, making Nvidia a family business to a degree that is unique in Silicon Valley
The Nvidia CEO has elevated his children to prominence. His board is investigating reports that he was an espionage target.
Sources: Jensen Huang hired crisis communications firm Heller as early as October 2025; an NYT report in October 2025 on his Megaspeed ties caused tensions
www.wired.com/story/nvidia...Stephen Bush /@stephenkb:Crikey, talk about post-nut clarity:Louise Matsakis /@lmatsakis:SCOOP: Nvidia CEO Jensen Huang hired a PR firm known for handling sex scandals a y...
In a 60 Minutes interview, Trump says the DOJ threatened a top exec at “one of the big” AI companies over “bad” activities and this “person totally changed”
Stevie Bonifield /The Verge:
A profile of Alice Huang, a suspected Chinese spy who founded Megaspeed in 2023 and spent years in Jensen Huang's orbit; Megaspeed's Nvidia imports top $4.6B
Mark Anderson /Bloomberg:NEW
Jensen Huang's affair shines a spotlight on Nvidia's weak board and opaque succession planning at what has become the world's most important company
and that's a problemMatt Egan /CNN:Jensen Huang is living proof that AI's rockstar CEOs are also a hidden riskNils Pratley /The Guardian:Nvidia's board needs to do some succession planning - sharpishP...
Anthropic says during prerelease testing Mythos 5.2 and Fable 5.2 formalized the proof of Fermat's Last Theorem and solved two open black hole physics problems
Claude Fable 5.2 is designed to take on big technical challenges, and it's available today.
Sources and filings detail how Jensen Huang has brought his children and other family members into Nvidia, making it unusually family-run for Silicon Valley
The Nvidia CEO has elevated his children to prominence. His board is investigating reports that he was an espionage target.
Draft law: the EU's Digital Fairness Act would require companies to let adults disable addictive features and will target AI systems that simulate relationships
Nvidia Senior Director Madison Huang, daughter of Jensen, cancels a high-profile Seoul appearance citing a “family matter”, throwing the event into disarray
Nvidia Corp. co-founder Jensen Huang's daughter planned to showcase deepening ties with two of South Korea's most important AI players Monday.
Anthropic prices Fable 5.2 and Mythos 5.2 at $8/1M input and $40/1M output tokens, down 20% from 5.1; fast mode costs $16/1M input and $80/1M output tokens
Frederic Lardinois /The New Stack:NEW
Jensen Huang maintains deep control over Nvidia, managing 60+ direct reports and owning a 3.56% stake, presenting a challenge for Nvidia's 10-person board
The chief executive has a tight grip on his company, presenting a challenge for Nvidia's board, which is investigating his affair with a woman believed to be a Chinese spy.
Sources: Alice Huang and her partner pitched a Southeast Asia data center project to China-based investors in 2025, saying they had “no problem securing GPUs”
Financial Times:NEW