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Report: NVIDIA bankrolled its own customers to soak up spare chips instead of cutting prices

NVIDIA reportedly financed its own customers to absorb excess TSMC-ordered chips rather than lower GPU prices. Interim CEO Colette Kress cut the OpenAI backstop and the unwind is in progress.

Business2 sources

Report: NVIDIA bankrolled its own customers to soak up spare chips instead of cutting prices

Business2 sources

Anthropic's CEO pitched safety and no jerks ahead of its trillion-dollar debut

Anthropic's IPO prices at $70 to $78 a share this week. Days before, CEO Dario Amodei pitched investors on safety, culture and tenfold revenue growth.

Business3 sources

Anthropic's CEO pitched safety and no jerks ahead of its trillion-dollar debut

Business3 sources

AI tops the Fed's list of financial-system worries, and the worry has a number behind it

AI tops the Federal Reserve's list of financial system risks, named by 87% of survey respondents. The central bank's own data shows why: the debt behind the AI buildout has grown fivefold.

Business6 sources

AI tops the Fed's list of financial-system worries, and the worry has a number behind it

Business6 sources

Karnataka weighs compute subsidies and funding help for women-led startups after founder feedback

Karnataka is weighing compute subsidies, funding and market links for women-led startups after founder feedback at a Bengaluru mixer. Nothing has been approved.

Startups2 sources

Karnataka weighs compute subsidies and funding help for women-led startups after founder feedback

Startups2 sources

Nscale warns it needs more money, three months after telling investors it had enough

Nscale's amended IPO filing warns it needs billions more in financing for 2027, reversing what it told investors in September. The $35bn listing now hinges on money it has not secured.

Business5 sources

Nscale warns it needs more money, three months after telling investors it had enough

Business5 sources

Nebius shares slide as data centre delays push revenue into 2027

Nebius cut its 2026 revenue outlook because third-party data centre capacity will arrive late. Shares fell sharply even as the company reported a 571% revenue surge and bigger spending plans.

Business2 sources

Nebius shares slide as data centre delays push revenue into 2027

Business2 sources

The world's public wealth funds are becoming AI's direct owners

Sovereign wealth funds are projected to grow nearly 50% by 2030, and they are increasingly buying and running AI infrastructure themselves. Retirement savers are exposed too.

Business2 sources

The world's public wealth funds are becoming AI's direct owners

Business2 sources

Top Senate Democrat asks Congress to weigh whether Nvidia is too big to fail

Senator Jack Reed has asked Congress to assess whether Nvidia is too big to fail. The request came the same day CEO Jensen Huang resigned and AI stocks fell.

Business4 sources

Top Senate Democrat asks Congress to weigh whether Nvidia is too big to fail

Business4 sources

SoftBank takes $3.7bn charge on cancelled gas turbine orders

SoftBank's first quarterly loss in two years came from cancelled gas turbine orders meant to power its AI data centres. The debt taken on to fund the buildout is the cost still rising.

Business6 sources

SoftBank takes $3.7bn charge on cancelled gas turbine orders

Business6 sources

Hatz AI raises $24 million to bring AI to small businesses through their IT providers

Hatz AI has raised a $24 million Series A led by Nadia Partners. The startup will double headcount as it scales an AI platform sold only through managed service providers.

Startups2 sources

Hatz AI raises $24 million to bring AI to small businesses through their IT providers

Startups2 sources

Jensen Huang quits Nvidia, leaving a $124bn web of AI bets without its architect

Jensen Huang resigned as Nvidia CEO after an affair scandal, erasing more than $1 trillion in value and leaving the AI boom's biggest deal web without its architect.

Business44 sources

Jensen Huang quits Nvidia, leaving a $124bn web of AI bets without its architect

Business44 sources

AMD plans equity investment in quantum computing firm PsiQuantum

Advanced Micro Devices announced an equity investment in quantum computing partner PsiQuantum alongside an expanded infrastructure deal. The amount was not disclosed.

Business4 sources

AMD plans equity investment in quantum computing firm PsiQuantum

Business4 sources

Anthropic's IPO is a bet that growth outruns $900 billion in spending

Anthropic's IPO this week pairs a first adjusted profit with $900 billion in future spending commitments and a net loss of more than $104 billion under standard accounting rules. The frontier AI lab is expected to price Nov. 18 at $70 to $78 a share.

Business2 sources

Anthropic's IPO is a bet that growth outruns $900 billion in spending

Business2 sources

SoftBank leads $500 million bet on German robot maker Agile Robots

SoftBank has led a $500 million round for Agile Robots at an $8.5 billion valuation, with Nvidia and Hitachi taking part. The Munich firm plans a US push and bigger humanoid output.

Startups6 sources

SoftBank leads $500 million bet on German robot maker Agile Robots

Startups6 sources

SE3 Raises $30M to Power Military Drones with Spatial Intelligence and GPS-Free Navigation

Munich-based SE3 has secured $30M in Series A funding led by Accel to advance its spatial intelligence software for military drones. The platform enables autonomous systems to create 3D battlefield maps, coordinate swarms, and navigate without GPS—technology already deployed in Ukraine and with Germany's Bundeswehr across thousands of systems.

Startups2 sources

SE3 Raises $30M to Power Military Drones with Spatial Intelligence and GPS-Free Navigation

Startups2 sources

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