OpenAI has taken a major step toward Wall Street by confidentially filing for an initial public offering with the U.S. Securities and Exchange Commission. The move could lead to one of the largest public listings in market history, with the ChatGPT maker reportedly valued at more than $850 billion. Although OpenAI has not confirmed when it plans to go public, the confidential filing allows regulators to review its financial disclosures before they are eventually made public t

Nvidia CEO Jensen Huang has declined an invitation from Sen. Elizabeth Warren to testify before the Senate Banking Committee at a June 11 hearing focused on artificial intelligence, China, export controls and American technological dominance. The decision has drawn more attention to Nvidia’s growing influence in the global AI race, especially as its advanced chips remain essential to training and running many of today’s most powerful AI systems. Warren had invited Huang to sp

Concerns about the future of the artificial intelligence boom intensified this week after multiple reports revealed that OpenAI, the company that helped ignite the generative AI race with ChatGPT, has reportedly fallen short of its own ambitious growth and revenue expectations. The developments have sparked wider questions about whether the enormous spending pouring into AI infrastructure can continue at its current pace and whether OpenAI can maintain its leadership position

Nebius shares surged after a fund led by former OpenAI researcher Leopold Aschenbrenner disclosed a major stake in the AI cloud company, drawing fresh investor attention to one of the rising names in AI infrastructure. The fund, Situational Awareness, now owns about 12.4 million Class A shares in Nebius, representing roughly a 5 to 5.6 per cent stake. The disclosure pushed Nebius stock higher on Thursday, with shares rising around 7 to 9 per cent and reaching their highest le

Nvidia is once again showing how central it has become to the artificial intelligence boom. The company forecast second-quarter revenue of $91 billion, plus or minus 2 percent, beating Wall Street expectations of $86.84 billion. Alongside the strong outlook, Nvidia announced an $80 billion share buyback program and raised its quarterly cash dividend from 1 cent per share to 25 cents. Even with those major announcements, Nvidia’s shares slipped in extended trading, showing tha

Qualcomm’s stock took a sharp hit as the semiconductor sector pulled back from a powerful artificial intelligence-driven rally. Shares of Qualcomm dropped more than 11%, marking the company’s worst trading session since 2020. The decline came as investors moved away from riskier growth stocks after a hotter-than-expected inflation reading raised concerns about interest rates and market valuations. The selloff also affected several other chip companies, with Intel falling 7%,

SoftBank has injected $457 million into Graphcore, the British AI chip company it acquired in 2024, as the Japanese investment giant continues expanding its role in artificial intelligence infrastructure and hardware. The funding was confirmed by Graphcore after a Companies House filing showed the company issued a single share valued at $457 million on April 10. The investment is part of SoftBank’s larger push to build the technology needed for the next generation of AI syste

Nvidia CEO Jensen Huang is pushing back against growing fears that artificial intelligence will destroy jobs, arguing instead that AI is creating a large new wave of work. Speaking at a Milken Institute event with MSNBC’s Becky Quick, Huang said AI should be seen as a job creator and a major opportunity for the United States to rebuild its industrial strength. His comments come at a time when many workers, especially younger and entry-level employees, are worried about how qu

Apple is entering a major new chapter. After 15 years as CEO, Tim Cook will step down later this year, and longtime Apple executive John Ternus will take over on September 1. The change is not just a routine leadership handoff. It reflects a pivotal moment for Apple as artificial intelligence becomes one of the biggest forces shaping the future of technology. For a company built on defining major product categories, the pressure is now on to show what its AI era will look lik

Nvidia is signaling it may be done writing ever-larger equity checks to the AI startups it supplies, even as it remains the primary company selling the chips that make their ambitions possible. Speaking at the Morgan Stanley Technology, Media and Telecom Conference in San Francisco on March 4, CEO Jensen Huang said Nvidia’s recent investments in OpenAI and Anthropic are likely to be its last in both companies, arguing that once they go public, the window for private investing

Nvidia has unveiled its next major leap in artificial intelligence hardware with the official launch of its Rubin computing architecture at the Consumer Electronics Show. Announced by CEO Jensen Huang, Rubin is positioned as Nvidia’s most advanced AI platform to date, designed to confront the rapidly growing computational demands of modern AI systems. Production of the architecture is already underway, with further ramp up expected in the second half of the year, signaling

Nvidia has reportedly begun requiring Chinese customers to pay the full amount upfront for its H200 artificial intelligence chips, reflecting heightened uncertainty around regulatory approvals in both China and the United States. According to Reuters, the U.S. chipmaker has implemented unusually strict terms that leave no room for refunds, order cancellations, or configuration changes once a purchase is placed, even though Beijing has not yet formally approved shipments of

At CES 2026, Nvidia made a decisive move to position itself as the foundational platform for generalist robotics, unveiling a full stack of open AI models, simulation tools, and edge hardware designed to power robots that can reason, plan, and act across diverse real-world environments. Much like Android became the default operating system for smartphones, Nvidia aims to provide the underlying intelligence layer for robotics as artificial intelligence moves out of the cloud

If 2025 already felt like a difficult year to build or upgrade a PC, new reports suggest the situation could worsen in 2026. Nvidia is reportedly preparing to significantly reduce production of its GeForce RTX 50 series graphics cards in the first half of 2026, with estimates pointing to a 30 to 40 percent cut compared to the first half of 2025. The underlying issue is not a lack of demand for gaming GPUs, but a growing global memory shortage driven largely by the explosive

Nvidia is reportedly considering ramping up production of its H200 artificial intelligence chips after seeing a surge in demand from Chinese companies, following a recent shift in US trade policy that allows the processors to be sold in China under specific conditions. The H200 is one of the most powerful chips from Nvidia’s Hopper generation, designed for training large language models, and until recently it was restricted from sale in China due to proposed export limits u

Nvidia is developing new location tracking software for its AI chips at a time when concerns about smuggling and unauthorized use in China are escalating. According to multiple reports, the company has created location verification technology capable of identifying the country where a chip is operating by measuring computing performance and analyzing delays in communication between servers, which can reveal geographic distance. The feature draws on the confidential computin

Amazon Web Services is stepping up its push to make AI infrastructure faster, cheaper, and less power hungry with the formal launch of its third generation training chip, Trainium3, unveiled at AWS re:Invent 2025. The company introduced Trainium3 UltraServer, a full system built around a 3 nanometer Trainium3 chip plus AWS’s in house networking, framing it as a major leap not only for training large AI models but also for running AI applications during peak demand (Bort). I

Nvidia is accelerating its push into what it calls physical AI by unveiling new open AI models and developer tools designed to advance autonomous driving and robotics research. The centerpiece of this launch is Alpamayo R1, an open reasoning vision language model that the company describes as the first action-oriented model tailored specifically for autonomous driving. By combining visual perception with language-based reasoning, Alpamayo R1 allows vehicles to interpret the

Google’s rapid ascent in the AI race is reshaping the dynamics of the tech and semiconductor markets, with its newly released Gemini 3 model emerging as a major catalyst. The model debuted to enthusiastic reviews, including high praise from Salesforce CEO Marc Benioff, who declared he is “not going back” to ChatGPT after trying it out (Investors Business Daily). Google parent Alphabet’s stock has surged accordingly, rising nearly 5 percent on Monday after an 8 percent ral

The artificial intelligence hardware market has long been defined by Nvidia’s dominance, but new developments from Qualcomm and Alphabet suggest the landscape may be shifting. With a market cap exceeding $4.4 trillion, Nvidia has reached a level of influence rivalled historically only by corporations built to run colonial trade empires. Its GPUs became the gold standard not just for gaming and crypto mining, but also for powering the deep-learning boom thanks to a combinati