AI Capital Rotation: Chip Stocks Crater as Nvidia Writes $250B Checks and Apple Hits $5T
The AI trade is splitting in two. Chip stocks are suffering one of their worst months on record while Nvidia simultaneously negotiates to backstop $250 billion in data center loans for OpenAI — and Apple, the mega-cap that sat out the AI sp…
NVIDIA's $750B AI Deal Pipeline Draws Circular Financing Scrutiny
NVIDIA is facing intensifying scrutiny from investors and prominent market figures over whether its expanding web of AI infrastructure deals — reportedly worth more than $750 billion — amounts to circular financing, in which the…
Cyera to Acquire Oasis Security in Deal Valued at $1 Billion
Cybersecurity unicorn Cyera announced on July 28 that it has signed a letter of intent to acquire Israeli startup Oasis Security in a deal valued at approximately $1 billion. The majority of the consideration wil…
China Orders AI Education Across All K-12 Schools by 2030
China's Ministry of Education has issued a notice directing the expansion of artificial intelligence education across the country's primary and secondary school system, with the goal of making AI coursework "basically universal" at the K-12…