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 is expected to face a sell-off after its earnings report despite showing strong growth, potentially creating a buying opportunity if its stock falls below $200. Due to Nvidia's large market capitalization, its stock volatility could impact the...
Nvidia is set to increase prices on servers containing its AI chips by more than 15% starting early next year, driven by soaring memory chip costs. The hikes will affect systems using flagship chips like Vera Rubin and Grace Blackwell, with price cha...
Nvidia's earnings report on Wednesday is the week's most anticipated event, with options pricing in a 6% share move due to factors like AI infrastructure demand, product ramp timing, China exposure, and new financing partnerships. Analysts warn of po...
In June 2026, President Donald Trump executed more than 1,000 stock trades, including purchases in SpaceX shortly after its IPO and multiple transactions in tech and defense companies like Palantir. The largest trade was a sale of Vanguard ETF shares...
The surge in AI demand is causing a sharp rise in memory prices, with DRAM and high-bandwidth memory costs soaring up to 90% in early 2026. Nvidia plans to increase server prices by over 15% due to rising memory costs, a trend also seen in consumer t...
