Good morning. It’s Jeremy here, filling in for Andrew, who is now on paternity leave for a bit. So you’ll see a rotating cast of Fortune tech journalists writing this newsletter for a few weeks. Fortune Brainstorm Tech wrapped yesterday. Here were a few highlights from the final day of the conference: Tom Hale, the…
Researchers at the Chinese Academy of Sciences’ Institute of Automation in Beijing have introduced a new artificial intelligence system called SpikingBrain 1.0. Described by the team as a “brain-like” large language model, it is designed to use less energy and operate on homegrown Chinese hardware rather than chips from industry leader Nvidia. “Mainstream Transformer-based large language models (LLMs) face significant efficiency…
This article first appeared on GuruFocus. Nvidia (NVDA)-backed Nebius Group (NASDAQ:NBIS) said Monday it reached a $17.4 billion agreement to provide Microsoft (NASDAQ:MSFT) with GPU infrastructure capacity, sending its shares up more than 47% in after-hours trading. The five-year contract, which could increase to $19.4 billion if Microsoft opts for additional services, underscores rising demand…
For the past 25 years, top American tech firms including IBM, Cisco, and NVIDIA helped build China’s digital police state, an Associated Press investigation revealed Tuesday. The report shows these companies sold billions of dollars in technology that became the foundation of China’s vast surveillance network. This equipment enabled severe human rights abuses, from the…
This article first appeared on GuruFocus. A fresh momentum shift is building in China’s AI supply chainand it may spell long-term trouble for Nvidia (NASDAQ:NVDA). Alibaba (NYSE:BABA) is now testing domestic accelerators, Cambricon just posted blowout earnings, and upstart DeepSeek is already training models on Huawei hardware. Beijing, meanwhile, has shown little interest in letting…
Date and time: Friday, September 19, 2025 10.30am-11.30am (HKT) The US-China chip war is escalating, with Washington’s goal of limiting Beijing’s technological advancement now sparking a counter-reaction that may accelerate China’s drive for chip self-sufficiency. The latest actions in this conflict – including US export controls and China’s push for domestic alternatives – are reshaping…
The S&P 500 lost 0.69% yesterday. Nvidia, however, lost more than twice that—down 1.95%. Additionally, the bond market is unhappy with long-term yields going up as investors lose faith in the credibility of governments who want their financing. It’s all looking a bit nervy. That won’t be helped by a research note from Deutsche Bank…
Nvidia’s Q2 results aligned with Wall Street’s expectations, reflecting continued demand for the company’s data center and AI platforms. Management attributed the quarter’s performance to strong adoption of the Blackwell architecture, a seamless transition to next-generation hardware, and broad-based growth across cloud, enterprise, and sovereign AI customers. CFO Colette Kress highlighted, “Factory builds in late…
The Nvidia headquarters in Santa Clara, California. (Bloomberg) — Nvidia Corp. closed below a key technical level for the first time since May as investors continue to rotate out of the leading maker of artificial intelligence chips. The stock fell 2% to $170.74 on Tuesday, a fourth straight negative session that took it below its…
President Donald Trump’s second term has brought a lot of volatility in the stock market. Tariffs brought some uneasiness on what they would mean for stocks — this had a major impact on the market. Stocks have since rebounded from those lows, but some investors are still wary about the future. Investors who want more…