Safe Superintelligence (SSI), an AI lab founded by former OpenAI co-founder Ilya Sutskever, announced a long-term partnership with Nvidia that includes a multi-billion dollar investment and access to Nvidia's Vera Rubin GPU platform. This deal will significantly boost SSI's computing power, enabling them to scale their research on safe, aligned artificial superintelligence. SSI focuses on foundational AI safety and alignment without commercial distractions, contrasting with faster-paced AI development trends. The partnership also involves collaboration on Nvidia's future compute platforms, leveraging SSI's AI insights. SSI has raised $7 billion to date and is valued at $32 billion, backed by major investors including Nvidia, Andreessen Horowitz, Alphabet, and others.
Nvidia's CEO Jensen Huang announced that the upcoming Vera Rubin chips will generate $40 billion in revenue per gigawatt, a significant increase from the $25 billion generated by the current Grace Blackwell chips. This improvement highlights Nvidia's...
AI-related stocks have surged unevenly across four key sectors: semiconductor memory, HDD storage, semiconductor equipment, and AI computing platforms. Micron and SK hynix lead with strong memory demand but face concerns over peak profits. HDD makers...
Amkor Technology, Inc. is reaffirmed as a Buy with a revised price target of $55, reflecting a more cautious valuation amid stronger business fundamentals. The company's gross margin is expected to improve from 14.2% in Q1 to nearly 19% by Q3, driven...
On October 22, 2026, 337 out of 497 S&P 500 stocks rose, yet the index closed lower due to heavy losses among major tech companies like Meta Platforms, NVIDIA, Apple, and Alphabet. Meta's earnings miss and costly legal settlements weighed on the inde...
Apple's stock hit a record high on the launch day of its foldable iPhone Duo, briefly making it the world's most valuable company with a market cap of about $5.1 trillion, surpassing Nvidia. Despite strong demand and sold-out preorders, limited suppl...
