Nvidia CEO Jensen Huang has stated that data center spending is reaching an "inflection point" with projected annual capital expenditures surpassing $1 trillion by 2028, driven by demand for high-performance computing in AI models. Despite concerns over macro headwinds and trade policies, companies like Amazon, Microsoft, Alphabet, and Meta Platforms have shown no signs of slowing down their investments. Nvidia continues to innovate, with its Blackwell Ultra architecture already gaining significant adoption and expected to deliver 50 times enhanced performance compared to initial H100 chips. The company's NVLink Fusion initiative will enable customers to integrate non-Nvidia CPUs and GPUs into its products, allowing for the creation of semi-custom AI infrastructure.
https://markets.businessinsider.com/news/stocks/nvidia-stock-nvda-maintains-bullish-tempo-as-earnings-day-of-reckoning-looms-1034757470Nvidia CEO Jensen Huang unveiled several new products and technologies at Computex 2025 in Taipei, including NVLink Fusion, a technology that enables seamless integration of chips from multiple vendors. This allows customers to combine Nvidia's Blackwell GPUs with third-party CPUs or pair Nvidia's Grace CPUs with custom AI chips from other makers. Initial partners include Fujitsu and Qualcomm on the CPU side, while AI chip developers like AIchip Technologies, Astera Labs, Marvell, and MediaTek are also on board. Nvidia also introduced high-performance servers built for AI factories, powered by the new RTX PRO 6000 Blackwell GPUs, with plans to build an AI factory supercomputer with Foxconn and the Taiwan government. Analyst Kevin Cassidy sees NVLink Fusion as a strategic move by NVIDIA to take part in upcoming custom silicon road maps from customers, including hyperscalers, and rates NVDA shares a Buy with a $178 price target.
https://markets.businessinsider.com/news/stocks/this-new-technology-ups-the-game-says-kevin-cassidy-about-nvidia-stock-1034757417OpenAI and Ive's team are set to unveil their first device, a highly anticipated collaboration between the AI pioneer OpenAI and the renowned industrial designer Jonathan Ive, former CEO of Apple. The technology world is eagerly awaiting this product launch, hoping it will finally deliver on the promise of a revolutionary breakthrough that has eluded other similar collaborations in the past.
https://www.techspot.com/news/108018-openai-bets-big-hardware-65-billion-acquisition-jony.htmlPerlmutter, the former copyright head at Bloomberg, sues Trump to block his termination from the position, citing a breach of contract and unfair labor practices.
https://news.bloomberglaw.com/litigation/ex-copyright-office-head-perlmutter-sues-trump-to-block-firingAmazon's strong two-part business model, consisting of its e-commerce platform and leading cloud business Amazon Web Services (AWS), has garnered significant attention from investors. CIO Ryan Israel praised AWS for controlling over 40% of the cloud market with room to grow, as only 20% of IT workloads are currently in the cloud. Pershing Square invested in Amazon after its stock dropped earlier this year due to concerns about AWS growth and tariffs, but believes these issues are temporary. The firm expects Amazon's earnings to grow by more than 20% annually, driven by its cloud business and emerging technologies like AI through Anthropic. This confidence has led to a Strong Buy consensus rating from Wall Street analysts, with an average price target of $240.37 per share implying 18.4% upside potential.
https://markets.businessinsider.com/news/stocks/amazon-amzn-rises-after-bill-ackman-s-pershing-square-reveals-new-stake-1034757464Reddit is developing "Reddit Answers," an AI-powered search feature that aims to retain users who might switch to external tools. The company is aware of the risks posed by AI-generated content and bots, which threaten human interaction on the platform. Reddit's data licensing agreement with Google, worth $60 million annually, presents a challenge as it provides Google with valuable data for its AI search capabilities. Despite this, Reddit has seen steady growth in Total Daily Active Users, and the company must balance revenue diversification with maintaining user engagement to ensure its success.
https://markets.businessinsider.com/news/stocks/google-s-ai-search-is-beginning-of-the-end-for-reddit-says-wells-fargo-analyst-1034758206Sheikh Mohamed bin Zayed Al Nahyan witnessed the launch of Stargate UAE, a groundbreaking AI infrastructure cluster formed by G42, OpenAI, Oracle, NVIDIA, SoftBank Group and Cisco, at the newly established 5-gigawatt UAE–US AI Campus in Abu Dhabi.
https://www.emirates247.com/technology/global-tech-alliance-launches-stargate-uae-2025-05-22-1.739484The Shenzhen government has launched two new investment funds totaling $1 billion to support AI and robotics start-ups in the city. The 5 billion yuan fund is dedicated to AI-powered hardware, while a separate 2 billion yuan pool will focus on smart devices. This move aims to boost the growth of tech companies in Shenzhen's southern technology hub.
https://www.scmp.com/tech/big-tech/article/3311408/ai-hardware-start-ups-get-fresh-boost-shenzhen-launch-us1-billion-funds?module=top_story&pgtype=sectionThe UAE's Technology Innovation Institute has unveiled two major AI advancements: Falcon Arabic, the best-performing Arabic language model in the region, and Falcon-H1, a new model that outperforms comparable offerings from Meta's LlaMA and Alibaba's Qwen in the small-to-medium size category of AI models.
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