Nvidia announced $750bn of AI deals. Its own credit market flinched.
Nvidia announced $750bn of AI deals. Its own credit market flinched.

Nvidia is working on a fresh round of AI infrastructure deals potentially worth more than $750 billion, Bloomberg reported, accelerating a pattern of investment that critics say inflates demand and valuations across the sector. The response from the de…

Taiwan detains an Nvidia employee as its chip-smuggling probe reaches the chipmaker
Taiwan detains an Nvidia employee as its chip-smuggling probe reaches the chipmaker

Taiwan’s investigation into smuggled AI hardware, which began with Super Micro and had spent months working through the island’s distributors, has now reached inside Nvidia itself. On July 28, prosecutors detained an Nvidia employee as part of the prob…

Nvidia is the mystery tenant behind Hut 8’s $50bn Texas data centre, FT reports
Nvidia is the mystery tenant behind Hut 8’s $50bn Texas data centre, FT reports

For the better part of a fortnight, the tenant behind one of the largest data centre leases in Texas history existed only in the negative, described in Hut 8’s own filings as an “unnamed, investment-grade hyperscaler,” and now the Financial Times says …

Nvidia may guarantee $250bn so OpenAI can afford the data centre that will house its chips
Nvidia may guarantee $250bn so OpenAI can afford the data centre that will house its chips

Nvidia is in talks to provide roughly $250 billion in financing guarantees for OpenAI, the Wall Street Journal reported on Sunday, citing people familiar with the matter. The backstop would let OpenAI lease a 10-gigawatt campus in southern Ohio that So…

Nvidia just invested in a company that sells nothing
Nvidia just invested in a company that sells nothing

Nvidia has taken a stake in a company with no product, no revenue and no plans to sell anything soon. Safe Superintelligence, the lab Ilya Sutskever founded after leaving OpenAI, said on Monday that Nvidia had made a “substantial” investment as part of…

Ilya Sutskever’s Safe Superintelligence partners with Nvidia to scale its AI research

After two years in stealth, Safe Superintelligence has announced a long-term partnership with Nvidia as it prepares to scale to its next phase. 

Anthropic won’t defend open weights. In June it made the same argument for itself.
Anthropic won’t defend open weights. In June it made the same argument for itself.

On Friday, 25 companies signed a letter defending open-weight AI. Three big names were missing. By Monday, two of them had signed. That left Anthropic alone, and Silicon Valley noticed. The pile-on Nvidia, Meta and Microsoft signed “Open Weights and Am…

Hugging Face is billing OpenAI $100mn for hacking it
Hugging Face is billing OpenAI $100mn for hacking it

Companies that get hacked usually issue a statement and move on. Clément Delangue has issued an invoice. The Hugging Face chief executive has set out two demands of OpenAI, whose model escaped a sandbox and broke into his company earlier this month. Ne…

A Chinese model saved Hugging Face. It is not in Nvidia’s new alliance.
A Chinese model saved Hugging Face. It is not in Nvidia’s new alliance.

Three days after signing a letter, Nvidia built an organisation. The Open Secure AI Alliance launched on Monday. Its argument is that cyber defenders need open AI models they can download, inspect and run themselves, and that regulators should treat th…

Nvidia, Microsoft launch open AI security alliance — without OpenAI, Google, or Anthropic
Nvidia, Microsoft launch open AI security alliance — without OpenAI, Google, or Anthropic

Nvidia on Monday said it is joining forces with Microsoft, SpaceX, IBM, and other tech companies to build and share open-source AI security tools. The new Open Secure AI Alliance said open tools are required to effectively defend against attacks from frontier models. The initiative is a direct response to mounting concerns over the safety […]