Nvidia Tumbles as Big Tech Bets Big on Its Own AI Chips
Nvidia fell as big tech boosts AI spending but builds its own chips, reducing reliance on Nvidia despite higher overall investment.
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Microsoft Q3 Beat on Revenue & EPS, But Record Capex and Q4 Outlook Disappoint Investors
Microsoft beat earnings with strong cloud and AI growth, but high spending and a weak outlook disappointed investors; shares fell.
Microsoft & OpenAI Just Rewrote Their Partnership: More Freedom, Less Drama
Microsoft and OpenAI updated deal: OpenAI gets more freedom, Azure remains main partner, revenue rules simplified, AGI clause removed.
Microsoft to Build Massive New Data Center in Cheyenne, Wyoming
Microsoft has also formed a dedicated partnership with Black Hills Energy to support these efforts.
Amazon’s AI Revenue Crosses $15 Billion as Chip Unit Prepares for External Sales
Amazon CEO Andy Jassy reveals the company may soon sell its custom AI chips to third parties. Its in-house chip business reaches $20B annual run rate while AWS AI revenue crosses $15 billion.
Arista Networks Stock Gets Bullish Upgrade — Analyst Sees Up to 40% Growth
Rosenblatt upgrades Arista Networks, citing strong AI demand and faster growth ahead.