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Follow updates sorted by the date they surfaced.

04 Feb 2026

Supermicro Revenue Growth Soars 123% as AI Boom Drives Record Q2 Results

Supermicro delivered a stellar second quarter with revenue jumping 123% to $12.7 billion, fueled by surging demand for AI infrastructure. The company raised its annual revenue forecast to at least $40 billion as GPU-based systems accounted for 84% of quarterly revenue. Despite margin pressures, CEO Charles Liang sees strong growth ahead with Data Center Building Block Solutions.

5 Sources

AMD revenue forecast disappoints investors despite strong AI chips sales and China boost

AMD reported fourth-quarter earnings that beat Wall Street estimates with revenue rising 34% to $10.3 billion, driven by its data center business and AI chip sales. But the company's first-quarter revenue forecast of $9.8 billion, while above consensus, fell short of some investor expectations who sought bigger AI gains. Shares tumbled 13% as concerns emerged about AMD's ability to compete with Nvidia in the booming AI market.

12 Sources

Sam Altman says OpenAI may invest in AI drug discovery firms and take royalties on breakthroughs

OpenAI CEO Sam Altman revealed the company may invest in or subsidize firms using its AI for drug discovery, taking royalties on successful discoveries instead of charging upfront costs. Speaking at Cisco's AI conference, Altman outlined a potential shift from traditional software pricing to outcome-based financial returns, where OpenAI shares both risk and reward in scientific breakthroughs.

2 Sources

03 Feb 2026

Anthropic's Claude AI Sparks $1 Trillion Market Disruption as Software Stocks Tumble

Anthropic's release of new AI tools for its Claude platform triggered massive sell-offs across software and data provider stocks, wiping out over $1 trillion in market value. The AI company's vertical-specific plugins and powerful Claude Opus 4.6 model raised concerns that AI agents could fundamentally undermine traditional SaaS business models, while simultaneously fueling worries about AI-driven groupthink among financial analysts.

47 Sources

OpenAI refocuses on ChatGPT as senior staff depart amid intense AI chatbot competition

OpenAI is prioritizing ChatGPT development over experimental research, leading to senior staff departures including VP of Research Jerry Tworek. Sam Altman declared a 'code red' in December following competitive pressure from Google and Anthropic, but now reports ChatGPT monthly growth has rebounded to over 10% with 800 million weekly users.

11 Sources

Anthropic's AI legal tool triggers massive sell-off in software stocks across Europe and India

Anthropic unveiled new AI automation tools that sent shockwaves through global markets. European legal software firms RELX and Wolters Kluwer plunged over 10%, while Indian IT exporters saw their worst day since 2020 with a 6.3% drop. The tools automate legal work, sales, and data analysis, raising fears about the future of labor-intensive business models.

29 Sources

Palantir's earnings surge signals enterprise AI spending boom amid software sector slump

Palantir Technologies reported record fourth-quarter earnings with revenue of $1.41 billion, crushing Wall Street expectations and issuing a bullish 2026 revenue forecast of 61% growth. The data analytics company's U.S. commercial segment exploded 137% year-over-year, while its Rule of 40 score hit an unprecedented 127%, demonstrating that enterprises are aggressively adopting AI despite broader software sector concerns.

9 Sources

Google Cloud and Liberty Global forge five-year AI partnership across European operations

Google Cloud and Liberty Global have announced a five-year strategic partnership to deploy Gemini AI models across the cable group's 80 million fixed and mobile connections in Europe. The deal will support AI-powered search on Liberty's Horizon TV platform, customer-service automation, and autonomous network operations while targeting new revenue streams for both companies.

2 Sources

02 Feb 2026

Nvidia's $100 billion OpenAI investment shrinks to $20 billion as chip tensions surface

Five months after announcing plans for a $100 billion investment, Nvidia and OpenAI's mega-deal has stalled. The chipmaker now plans a $20 billion investment instead, while OpenAI quietly pursues alternative chip providers. The tension centers on inference performance issues, with OpenAI reportedly dissatisfied with Nvidia's GPU speed for coding tasks, prompting deals with Cerebras and AMD to reduce dependency.

19 Sources

DRAM prices surge up to 95% in Q1 2026 as artificial intelligence boom strains global supply

Memory chip prices are experiencing their steepest increases in history, with DRAM contract prices jumping 90-95% in Q1 2026. TrendForce revised its forecasts upward as persistent AI and data center demands worsen the global memory supply and demand imbalance. PC memory prices are doubling while NAND flash surges 55-60%, forcing device makers to warn of higher costs ahead.

4 Sources

Chinese tech giants wage $431 million chatbot war as AI competition hits new heights

Alibaba pledges 3 billion yuan ($431 million) to attract users to its Qwen AI app during Lunar New Year, tripling spending by rivals Tencent and Baidu. The escalating promotional battle comes as Chinese tech giants prepare to launch next-generation AI models, with cash incentives, iPhones, and TVs offered to users who register and interact with their chatbots.

7 Sources

Oracle weighs cutting up to 30,000 jobs to fund $156 billion AI data centre expansion

Oracle is considering layoffs of 20,000 to 30,000 employees to fund its aggressive AI data centre buildout, according to TD Cowen research. The job cuts could free up $8-10 billion in cash flow as US banks withdraw funding support and investor concerns mount over the company's ability to finance its massive AI push.

3 Sources

Oracle unveils $50 billion AI funding plan as investors worry about mounting debt and OpenAI exposure

Oracle announced plans to raise $45 billion to $50 billion in 2026 through a combination of debt and equity sales to expand cloud infrastructure for AI workloads. The software giant kicked off a $20-$25 billion bond sale, but shares fell 4% as investors expressed concerns about its rising debt load and heavy reliance on OpenAI's ability to meet financial commitments.

11 Sources

India bets on tax breaks and data centers to attract AI investment, but funding cuts raise concerns

India unveiled a zero-tax policy through 2047 for foreign cloud providers running global AI workloads from Indian data centers, aiming to position itself as a compute hub. But the government halved the IndiaAI Mission budget to Rs 1,000 crore, sparking debate about whether India can build meaningful AI capacity while advocating for smaller language models over expensive frontier systems.

9 Sources

Waymo raises $16 billion to accelerate global robotaxi expansion across 20 new cities

Alphabet's autonomous vehicle unit Waymo has secured $16 billion in a funding round that values the self-driving car company at $126 billion, nearly tripling its 2024 valuation. The company plans to expand its robotaxi service from 10 US cities to over 20 metropolitan areas globally in 2026, including London and Tokyo, while providing more than 400,000 rides weekly.

6 Sources

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