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Nvidia’s Record Q3 Earnings Reveal High Demand for AI GPUs
Nvidia’s latest earnings paint a picture of a company not just riding the AI wave, but helping create its momentum. The chipmaker reported an astonishing $57 billion in revenue for the third quarter, a 62% jump from the same period last year (TechCrunch; Yahoo Finance; Startup Ecosystem). This surge was matched by equally impressive profitability: net income soared to $32 billion, up 65% year-over-year (TechCrunch; Yahoo Finance; Startup Ecosystem). Both figures blew past Wal
Covertly AI
Nov 20, 20253 min read


Brookfield Launches $100B AI Infrastructure Push with Nvidia & KIA
Brookfield Asset Management has unveiled a sweeping US$100-billion artificial intelligence infrastructure program that signals just how aggressively global investors are moving to support the next generation of AI technologies. Announced on Wednesday, the initiative is being launched in partnership with Nvidia and the Kuwait Investment Authority, bringing together one of the world’s leading investment managers, a dominant AI chipmaker, and a major sovereign wealth fund to acc
Covertly AI
Nov 19, 20253 min read


SoftBank Sells $5.8B Nvidia Stake to Supercharge Its AI Ambitions
SoftBank Group Corp. has once again made headlines with its decision to sell its entire stake in Nvidia Corp. for $5.83 billion, a move aimed at fueling its growing investments in artificial intelligence. The sale, though surprising to some investors, reflects founder Masayoshi Son’s ambition to position SoftBank as a dominant player in the expanding AI ecosystem (Bloomberg; Wall Street Journal). Son’s vision extends beyond software and into large-scale infrastructure, from S
Covertly AI
Nov 11, 20253 min read


AI Powerhouses Tenstorrent and Nebius Secure $700 Million Investments to Revolutionize the Industry
Two major players in the AI landscape, Tenstorrent and Nebius Group, have each secured $700 million in funding to bolster their efforts...
Covertly AI
Dec 7, 20243 min read


OpenAI and others seek new path to smarter AI as current methods hit limitations
Artificial intelligence companies, including OpenAI, are navigating unexpected delays and challenges in developing ever-larger language...
Covertly AI
Nov 21, 20242 min read


Nvidia and the Rise of Physical AI: Revolutionizing Healthcare and Beyond
The future is arriving in hospitals sooner than we might have expected, powered by groundbreaking developments in artificial...
Covertly AI
Nov 19, 20243 min read
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