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Nvidia Hits Record High with AI Demand Boost

Nvidia's shares reached a new record high in June, driven by its significant customer base, including tech giants such as Microsoft, Meta, Alphabet, and Amazon, which are actively investing in artificial intelligence (AI) infrastructure despite the challenges Nvidia faces in China.

https://www.pymnts.com/artificial-intelligence-2/2025/nvidia-achieves-record-4-trillion-market-capitalization/

Nvidia Surpasses Apple in Market Value by $900 Billion

Nvidia has surpassed Apple in market value, reaching $900 billion more than its rival. The shift comes as Apple struggles to integrate AI into its products, including the iPhone, after a year-long promise to enhance its virtual assistant. Meanwhile, former Apple design guru Jony Ive is working with OpenAI on a wearable AI device that could challenge the iPhone, while Nvidia focuses on meeting demand for its specialized chips used in data centers powering artificial intelligence.

https://apnews.com/article/nvidia-4-trillion-chipmaker-7947e86a7ee9a994b9f16c3c0779b74f

Nvidia Surpasses Apple in Valuation by $900 Billion

Nvidia has surpassed Apple in valuation, now worth $900 billion more than its rival, which had previously reached $1 trillion, $2 trillion, and $3 trillion with the success of the iPhone. The shift comes as Apple struggles to deliver on its AI promises, acknowledging it won't meet its goals until next year. Meanwhile, Nvidia is meeting high demand for its specialized chips used in data centers powering AI, while tech giants like Microsoft, Amazon, Google, Alphabet, and Meta Platforms are investing $325 billion in AI this year, with a significant portion likely going to Nvidia.

https://www.boston25news.com/news/chipmaker-nvidia/U4HZMQ2ZOVAF5BJ2TCVOKQR2Q4/

Nvidia Surpasses Microsoft as Wall Street Leader

Nvidia, a key player in the AI boom, has become the largest company on Wall Street, surpassing Microsoft, Apple, Amazon, and Google, with a market value exceeding $3 trillion. Two years ago, its value was below $600 billion. Nvidia's growth, along with other companies benefiting from the AI trend, has contributed to the S&P 500 reaching record highs, despite concerns over inflation and potential economic impact from President Donald Trump's policies.

https://www.khou.com/article/news/nation-world/nvidia-stock-most-valuable-company-in-the-world/507-18338371-00ca-4a01-9486-fa5c3c819adc

Nvidia Surpasses Microsoft in Revenue Growth Again

Nvidia's specialized chips are crucial for powering artificial intelligence, including AI chatbots like ChatGPT and Gemini. The company's GPUs enable faster and more efficient AI processing than general-purpose chips like CPUs. Nvidia has seen rapid growth, outpacing Microsoft, Apple, Amazon, and Alphabet, and its stock's performance carries significant weight on the S&P 500. In its latest quarter, Nvidia reported a profit of $18.8 billion and revenue surged 69% to $44.1 billion, with Wall Street expecting another record-breaking quarter for the company.

https://www.scrippsnews.com/business/company-news/chipmaker-nvidia-becomes-most-valuable-company-in-the-world-at-4-trillion

OpenAI Hires Top Talent from Tesla, Meta, xAI

OpenAI has hired top engineers from Tesla, xAI, and Meta, including Uday Ruddarraju and David Lau, to strengthen its core AI infrastructure and gain a competitive edge in the AI market.

https://indiatoday.in/technology/news/story/openai-snags-4-high-profile-engineers-including-xais-uday-ruddarraju-amid-meta-poaching-spree-2752957-2025-07-09

Rubio Impersonated by AI in Diplomatic Scam

The US State Department is warning diplomats about attempts to impersonate Secretary of State Marco Rubio and possibly other officials using artificial intelligence technology. The department discovered an impostor posing as Rubio had reached out to at least three foreign ministers, a US senator, and a governor via text, Signal, and voice mail. The incident is part of a growing trend of high-level Trump administration figures being targeted by impersonators, with similar incidents involving President Donald Trump's chief of staff Susie Wiles in May. The department is taking steps to improve cybersecurity and has warned employees and foreign governments about the potential threat, citing concerns that information shared could be exposed if targeted individuals are compromised.

https://www.koat.com/article/state-department-ai-impersonation-warning/65334170

Rubio Impersonation Scam Targets Foreign Ministers Worldwide

The US State Department has warned diplomats about attempts to impersonate Secretary of State Marco Rubio using artificial intelligence technology, which resulted in at least three foreign ministers being contacted by an impostor posing as Rubio via text, Signal, and voice mail. The scam was discovered after the department received a cable warning all embassies and consulates, and officials are currently monitoring and addressing the issue.

https://www.scmp.com/news/world/united-states-canada/article/3317467/impostor-uses-ai-impersonate-us-top-diplomat-rubio-and-contact-foreign-ministers?module=top_story&pgtype=section

Rubio's Identity Stolen by AI Imposter on Signal

The US State Department is investigating an incident where an imposter posing as Secretary of State Marco Rubio sent AI-generated voice and text messages to high-level officials and foreign ministers using Signal, a messaging app. The impersonator created a fake account with Rubio's display name and contacted at least three foreign ministers, a US state governor, and a member of Congress. The incident is part of two distinct campaigns by threat actors impersonating State Department personnel via email and messaging apps, including a Russia-linked cyber actor who targeted personal Gmail accounts associated with think tank scholars and activists. This follows an FBI warning about cyber actors impersonating senior US officials to target their contacts using smishing and vishing techniques.

https://www.victoriaadvocate.com/news/nation/rubio-imposter-used-ai-to-message-high-level-officials-reports-say/article_682f6927-df62-5384-ae19-0aeffbbd654c.html