2 months ago
The CLARITY Act failed to pass votes in the Senate earlier this week, a piece of legislature that would set out guardrails and ground rules for crypto **** ets in the U.S. With the failure of passage, the Securities and Exchange Commission took matters into its own hands, passing a conditional exemption Thursday for tokenized stocks. This Innovation Exemption allows for a limited type of tokenized securities to trade on specific Tokenized Securities Venues (TSVs), giving them a 5-year runway to prove their trading chops.
Tokenization is one of the latest trends in the investing world, whereby an **** et is represented digitally on a blockchain. It's seen as the next frontier in finance, with digital trading opening up greater access both for a broader investor base as well as the potential to trade 24/7, while also offering the potential for increased efficiency. However, some argue that tokenized **** ets come with added, unique risks and that by moving investments to the blockchain you introduce greater exposure to bad actors in an as-yet unregulated **** e in the U.S. That is, until now.
The SEC exemption allows for a specific type of tokenized stocks to be traded, specifically ones that retain the investor rights of the stock they are tied to (voting and dividends for example). Only tokenized U.S. National Market System (NMS) stocks qualify that trade through U.S. venues who have established standards for who can trade, limit trading volumes to a certain percentage of the stock, and make public their trading activities as well as any affiliates on the TSV. In addition, venues must halt trading when the primary exchange halts, and leverage is not permitted. Any company that does not want tokenized shares has 30 days to object and prevent their shares from being created.
It's important to note that currently there are two main types of tokenized securities, those that are directly linked to the **** et they represent digitally and those that provide synthetic exposure. Of the two, only the direct exposure tokenized stocks qualify that meet all of the exemption's restrictions.
"The Commission is not cementing today's technology as the standard for tomorrow. Instead, it is allowing the market to evolve, monitoring its development, and using that insight to inform a nimbler and future-ready regulatory framework," SEC Chair Paul Atkins said in a statement.
#exposure #commission
Tokenization is one of the latest trends in the investing world, whereby an **** et is represented digitally on a blockchain. It's seen as the next frontier in finance, with digital trading opening up greater access both for a broader investor base as well as the potential to trade 24/7, while also offering the potential for increased efficiency. However, some argue that tokenized **** ets come with added, unique risks and that by moving investments to the blockchain you introduce greater exposure to bad actors in an as-yet unregulated **** e in the U.S. That is, until now.
The SEC exemption allows for a specific type of tokenized stocks to be traded, specifically ones that retain the investor rights of the stock they are tied to (voting and dividends for example). Only tokenized U.S. National Market System (NMS) stocks qualify that trade through U.S. venues who have established standards for who can trade, limit trading volumes to a certain percentage of the stock, and make public their trading activities as well as any affiliates on the TSV. In addition, venues must halt trading when the primary exchange halts, and leverage is not permitted. Any company that does not want tokenized shares has 30 days to object and prevent their shares from being created.
It's important to note that currently there are two main types of tokenized securities, those that are directly linked to the **** et they represent digitally and those that provide synthetic exposure. Of the two, only the direct exposure tokenized stocks qualify that meet all of the exemption's restrictions.
"The Commission is not cementing today's technology as the standard for tomorrow. Instead, it is allowing the market to evolve, monitoring its development, and using that insight to inform a nimbler and future-ready regulatory framework," SEC Chair Paul Atkins said in a statement.
#exposure #commission
2 months ago
AI companies Anthropic, OpenAI, ***** e XAI and Google are being sued over alleged collusion as pressure mounts to slow the rapid development of AI.
The complaint, filed Friday in the U.S. District Court for the Northern District of California, points to a recent proposal from Anthropic CEO Dario Amodei, who called for “industry-wide coordination” to “pace the frontier” as concerns mount over the risks posed by increasingly powerful AI.
“We must slow the ***** e in which we improve the capabilities of AI models,” Amodei wrote in a Sept. 12 essay.
The plaintiffs allege that OpenAI CEO Sam Altman, ***** eXAI founder Elon Musk and Google DeepMind co-founder Demis Hassabis made an illegal business agreement among competitors by agreeing to slow the development of their AI systems, violating federal antitrust law.
Within hours of Amodei publishing his essay, Musk responded, saying “Dario is right,” while Altman also said he agreed with Amodei. Hassabis called the proposal “the right path forward,” according to the complaint.
#amodei
The complaint, filed Friday in the U.S. District Court for the Northern District of California, points to a recent proposal from Anthropic CEO Dario Amodei, who called for “industry-wide coordination” to “pace the frontier” as concerns mount over the risks posed by increasingly powerful AI.
“We must slow the ***** e in which we improve the capabilities of AI models,” Amodei wrote in a Sept. 12 essay.
The plaintiffs allege that OpenAI CEO Sam Altman, ***** eXAI founder Elon Musk and Google DeepMind co-founder Demis Hassabis made an illegal business agreement among competitors by agreeing to slow the development of their AI systems, violating federal antitrust law.
Within hours of Amodei publishing his essay, Musk responded, saying “Dario is right,” while Altman also said he agreed with Amodei. Hassabis called the proposal “the right path forward,” according to the complaint.
#amodei
2 months ago
Markets have a familiar reflex when fear spreads through technology stocks. Investors wait to hear what Jim Cramer thinks.
This week, the fear did not come from a short seller or a regulator. It came from inside the AI industry itself, from one of its own leaders.
Cramer said Wednesday, Sept. 16, that he won't back away from the AI trade, according to CNBC. That comes despite a weekend essay from a top AI executive arguing that the technology is moving too fast.
He predicted spending on AI infrastructure will keep climbing, because the industry's two biggest labs are already turning that spending into real revenue. There's too much money at stake for them to stop now, the "Mad Money" host said.
The warning that shook markets came from Anthropic CEO Dario Amodei, not from a critic outside the industry. In an essay ****** led "We Must Pace the Frontier," Amodei wrote that we must slow the pace at which we improve the capabilities of AI models.
#markets #pace #came
This week, the fear did not come from a short seller or a regulator. It came from inside the AI industry itself, from one of its own leaders.
Cramer said Wednesday, Sept. 16, that he won't back away from the AI trade, according to CNBC. That comes despite a weekend essay from a top AI executive arguing that the technology is moving too fast.
He predicted spending on AI infrastructure will keep climbing, because the industry's two biggest labs are already turning that spending into real revenue. There's too much money at stake for them to stop now, the "Mad Money" host said.
The warning that shook markets came from Anthropic CEO Dario Amodei, not from a critic outside the industry. In an essay ****** led "We Must Pace the Frontier," Amodei wrote that we must slow the pace at which we improve the capabilities of AI models.
#markets #pace #came
2 months ago
On September 14, during the episode of Mad Money, Jim Cramer said CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is emerging as a beneficiary of growing concerns over the cybersecurity risks created by artificial intelligence, as he said:
Over the weekend, the co-founder and CEO of Anthropic published an essay where he pushed for a slowdown among the frontier AI labs in order to handle newfound security concerns. In response to that, the cybersecurity cohort just went crazy because there are the companies that can prevent AI agents from randomly hacking into networks all over the world, and it's the cybersecurity companies. Take CrowdStrike, which shot up nearly 14% today, leading the S&P 500, something I feel great about, of course, because we own it big for the Charitable Trust. These guys have been adamant that AI represented a great opportunity for their business, and now Wall Street's finally gotten the memo.
CrowdStrike Holdings, Inc.'s (NASDAQ:CRWD) second-quarter fiscal 2027 revenue increased 26% year over year to $1.47 billion, while ending annual recurring revenue rose 25% to $5.84 billion. Net new ARR reached a record $332.8 million, and free cash flow was $377.4 million. The company also raised its full-year fiscal 2027 net new ARR growth outlook to 34% at the midpoint, up 630 basis points. CEO George Kurtz said the company believes securing AI is its "largest market opportunity in our history."
Kurtz said on September 14 that AI-driven threats are already operating at machine speed, describing the emerging threat as autonomous campaigns rather than individual hackers. He identified endpoints, cloud workloads and SaaS as key battlegrounds and said "enforcement at machine speed" is needed to stop AI agents in motion. CrowdStrike has responded by expanding into AI-agent, model and infrastructure protection, including Continuous Identity for AI Agents and Falcon AI Detection and Response.
CrowdStrike Holdings, Inc.'s (NASDAQ:CRWD) valuation leaves little room for a meaningful slowdown in growth. Yahoo Finance currently shows a forward P/E of approximately 188.7 times and a price-to-sales ratio of roughly 44.6 times. Those multiples leave little room for a material slowdown in ARR growth, weaker adoption of newer products, or greater competitive pressure. The company also remains much less profitable on a GAAP basis than its adjusted results suggest. The company reported a $33.2 million GAAP operating loss in the latest quarter against $371.6 million of non-GAAP operating income, while stock-based compensation and related employer payroll taxes totaled $399 million.
#crwd
Over the weekend, the co-founder and CEO of Anthropic published an essay where he pushed for a slowdown among the frontier AI labs in order to handle newfound security concerns. In response to that, the cybersecurity cohort just went crazy because there are the companies that can prevent AI agents from randomly hacking into networks all over the world, and it's the cybersecurity companies. Take CrowdStrike, which shot up nearly 14% today, leading the S&P 500, something I feel great about, of course, because we own it big for the Charitable Trust. These guys have been adamant that AI represented a great opportunity for their business, and now Wall Street's finally gotten the memo.
CrowdStrike Holdings, Inc.'s (NASDAQ:CRWD) second-quarter fiscal 2027 revenue increased 26% year over year to $1.47 billion, while ending annual recurring revenue rose 25% to $5.84 billion. Net new ARR reached a record $332.8 million, and free cash flow was $377.4 million. The company also raised its full-year fiscal 2027 net new ARR growth outlook to 34% at the midpoint, up 630 basis points. CEO George Kurtz said the company believes securing AI is its "largest market opportunity in our history."
Kurtz said on September 14 that AI-driven threats are already operating at machine speed, describing the emerging threat as autonomous campaigns rather than individual hackers. He identified endpoints, cloud workloads and SaaS as key battlegrounds and said "enforcement at machine speed" is needed to stop AI agents in motion. CrowdStrike has responded by expanding into AI-agent, model and infrastructure protection, including Continuous Identity for AI Agents and Falcon AI Detection and Response.
CrowdStrike Holdings, Inc.'s (NASDAQ:CRWD) valuation leaves little room for a meaningful slowdown in growth. Yahoo Finance currently shows a forward P/E of approximately 188.7 times and a price-to-sales ratio of roughly 44.6 times. Those multiples leave little room for a material slowdown in ARR growth, weaker adoption of newer products, or greater competitive pressure. The company also remains much less profitable on a GAAP basis than its adjusted results suggest. The company reported a $33.2 million GAAP operating loss in the latest quarter against $371.6 million of non-GAAP operating income, while stock-based compensation and related employer payroll taxes totaled $399 million.
#crwd
2 months ago
Elon Musk's ***** eX has been talking, internally, about buying the leftover customer files of startups that already went under. Not licensing data from companies that are still operating and can say no. Buying the digital estate of companies that no longer exist to say anything at all.
The discussions are happening inside ***** eXAI, the artificial intelligence division born in February when ***** eX merged with xAI. People familiar with the talks told Bloomberg they're informal and might go nowhere. But the idea makes sense from the perspective of an AI lab racing for the frontier.
The goal is basically cheap fuel for Grok. AI models learn from training data—the text, code, and records an algorithm studies to get better at predicting what comes next—and the good stuff, real business records instead of scraped web pages, is getting expensive. A dead company's file cabinet is apparently a bargain by comparison.
Google already did the same. The search giant paid $10 million in a bankruptcy auction for the internal records of Spirit Airlines, the discount carrier that shut down for good this year. They got around 100 million emails, 500 million Microsoft Teams messages, decades of employee files, all headed into an AI training pipeline.
That data belonged to real employees who signed up for a job, not an AI experiment. A flight attendants' union objected in bankruptcy court, arguing that scrubbing names off records—what companies call "de-identifying" data—doesn't stop someone from piecing together who said what in a decade of internal chats. The court fight is still ongoing.
#million #buying #still #training
The discussions are happening inside ***** eXAI, the artificial intelligence division born in February when ***** eX merged with xAI. People familiar with the talks told Bloomberg they're informal and might go nowhere. But the idea makes sense from the perspective of an AI lab racing for the frontier.
The goal is basically cheap fuel for Grok. AI models learn from training data—the text, code, and records an algorithm studies to get better at predicting what comes next—and the good stuff, real business records instead of scraped web pages, is getting expensive. A dead company's file cabinet is apparently a bargain by comparison.
Google already did the same. The search giant paid $10 million in a bankruptcy auction for the internal records of Spirit Airlines, the discount carrier that shut down for good this year. They got around 100 million emails, 500 million Microsoft Teams messages, decades of employee files, all headed into an AI training pipeline.
That data belonged to real employees who signed up for a job, not an AI experiment. A flight attendants' union objected in bankruptcy court, arguing that scrubbing names off records—what companies call "de-identifying" data—doesn't stop someone from piecing together who said what in a decade of internal chats. The court fight is still ongoing.
#million #buying #still #training
2 months ago
Comments from Anthropic CEO Dario Amodei and OpenAI CEO Sam Altman calling for a more measured approach to frontier AI development contributed to a sharp selloff across neoclouds and data center stocks. Bernstein identified CoreWeave Inc. (NASDAQ:CRWV) as the most exposed name because of its rural footprint and focus on AI training. The concern represents a genuine structural argument. However, it marks the second time this year that the same group of stocks has faced concerns over the sustainability of AI demand. There is also an important tension within Bernstein's own note, which highlights CoreWeave's exposure while acknowledging that most of its backlog remains shielded by contracts.
Bernstein cautioned that a slowdown in AI training could weigh on data center developers. The warning followed Amodei's weekend comments urging the industry to deliberately slow the pace of frontier AI capability gains, along with similar remarks from Sam Altman. According to ****** yst Madison Rezaei, slower training activity would likely reduce demand for rural data center sites designed for latency-insensitive workloads. The ****** yst pointed out that rural and Tier 3 markets account for 70% of the industry's 488GW pipeline. CoreWeave was identified as the most exposed name in the firm's coverage. ****** yst Madison Rezaei remarked:
We estimate that 25% of their existing active U.S. power, with an additional ~74% of their contracted power, is situated in Tier 3 and Tier 4 markets.
However, there is a key counterpoint within Bernstein's own note:
The backlog is primarily comprised of take-or-pay contracts, so we do not anticipate a threat there but could see a pullback in demand for the contracted-not-yet-sold rural power if training development slows.
#training #analyst
Bernstein cautioned that a slowdown in AI training could weigh on data center developers. The warning followed Amodei's weekend comments urging the industry to deliberately slow the pace of frontier AI capability gains, along with similar remarks from Sam Altman. According to ****** yst Madison Rezaei, slower training activity would likely reduce demand for rural data center sites designed for latency-insensitive workloads. The ****** yst pointed out that rural and Tier 3 markets account for 70% of the industry's 488GW pipeline. CoreWeave was identified as the most exposed name in the firm's coverage. ****** yst Madison Rezaei remarked:
We estimate that 25% of their existing active U.S. power, with an additional ~74% of their contracted power, is situated in Tier 3 and Tier 4 markets.
However, there is a key counterpoint within Bernstein's own note:
The backlog is primarily comprised of take-or-pay contracts, so we do not anticipate a threat there but could see a pullback in demand for the contracted-not-yet-sold rural power if training development slows.
#training #analyst
2 months ago
On Wednesday, OpenAI (OPAI.PVT) revealed six new examples of its AI models displaying "unexpected or concerning model behavior" during testing and evaluation.
The company made the announcement alongside a new framework for "tracking, reporting, and disclosing" instances where AI models take actions they otherwise aren't told to or shouldn't.
It follows a number of reports of AI models from companies hacking into third-party networks and services, including an unreleased OpenAI model breaking into the network of AI model and testing site Hugging Face.
Earlier this week, Anthropic (ANTH.PVT) CEO Dario Amodei penned a lengthy essay calling for a slowdown in the pace of the development of frontier AI models, after Anthropic researcher Jacob ******* on posted on X that he was resigning from the company because it, and his former employer OpenAI, is "racing straight to self-improving superintelligence and gambling with our lives."
Anthropic alignment science lead Evan Hubinger followed up on ******* on's comments with his own post on X saying that he believes there is a greater-than-10% chance that the technology could "kill all humans."
#face
The company made the announcement alongside a new framework for "tracking, reporting, and disclosing" instances where AI models take actions they otherwise aren't told to or shouldn't.
It follows a number of reports of AI models from companies hacking into third-party networks and services, including an unreleased OpenAI model breaking into the network of AI model and testing site Hugging Face.
Earlier this week, Anthropic (ANTH.PVT) CEO Dario Amodei penned a lengthy essay calling for a slowdown in the pace of the development of frontier AI models, after Anthropic researcher Jacob ******* on posted on X that he was resigning from the company because it, and his former employer OpenAI, is "racing straight to self-improving superintelligence and gambling with our lives."
Anthropic alignment science lead Evan Hubinger followed up on ******* on's comments with his own post on X saying that he believes there is a greater-than-10% chance that the technology could "kill all humans."
#face
2 months ago
AI poster-child Nvidia (NVDA) has jumped 14% year to date, but the ride's been noticeably ******* py according to Seeking Alpha data.
The stock's down nearly 6% in just one week and around the same amount over the past month, a pullback that has coincided with fresh questions over whether the breakneck AI buildout could finally lose momentum.
Consequently, that debate followed calls from some of the biggest names in AI to slow the development of frontier models for safety reasons. But on his latest "Mad Money" broadcast from Dreamforce, veteran ******* yst Jim Cramer made clear he's viewing Nvidia stock through a very different lens.
That's not hard to fathom because Nvidia continues giving bulls ammunition. Fiscal Q2 revenue more than doubled to $96.2 billion, with its Data Center business reaching $89 billion, as it pushes deeper into enterprise AI, including Salesforce's (CRM) new Koa reasoning model built on Nvidia Nemotron.
Cramer's takeaway after a sit-down with CEO Jensen Huang was hardly cautious, though. Instead of treating the latest AI scare as a reason to jump in and out of Nvidia, he framed the stock as something investors need to hold through the noise instead of trade.
#down #latest #billion
The stock's down nearly 6% in just one week and around the same amount over the past month, a pullback that has coincided with fresh questions over whether the breakneck AI buildout could finally lose momentum.
Consequently, that debate followed calls from some of the biggest names in AI to slow the development of frontier models for safety reasons. But on his latest "Mad Money" broadcast from Dreamforce, veteran ******* yst Jim Cramer made clear he's viewing Nvidia stock through a very different lens.
That's not hard to fathom because Nvidia continues giving bulls ammunition. Fiscal Q2 revenue more than doubled to $96.2 billion, with its Data Center business reaching $89 billion, as it pushes deeper into enterprise AI, including Salesforce's (CRM) new Koa reasoning model built on Nvidia Nemotron.
Cramer's takeaway after a sit-down with CEO Jensen Huang was hardly cautious, though. Instead of treating the latest AI scare as a reason to jump in and out of Nvidia, he framed the stock as something investors need to hold through the noise instead of trade.
#down #latest #billion
2 months ago
Danish pharmaceutical company Novo Nordisk (NVO) has teamed up with artificial intelligence (AI) leader Anthropic to leverage frontier AI models, including Claude Science, to supercharge its drug discovery and research and development (R&D) operations.
The collaboration aims to address complex biological challenges, streamline software engineering, and compress the timelines required to bring treatments for chronic diseases to market.
Billionaire Charlie Munger, Who Died at 99, Skipped Insurance on His Mansion Since He Could Just Write a Check to Rebuild — 'All Intelligent People Do It My Way'
Why It's Time to Load Up on Nvidia Stock
The Case for Selling CrowdStrike Stock
#Stock #danish #science
The collaboration aims to address complex biological challenges, streamline software engineering, and compress the timelines required to bring treatments for chronic diseases to market.
Billionaire Charlie Munger, Who Died at 99, Skipped Insurance on His Mansion Since He Could Just Write a Check to Rebuild — 'All Intelligent People Do It My Way'
Why It's Time to Load Up on Nvidia Stock
The Case for Selling CrowdStrike Stock
#Stock #danish #science
2 months ago
Even before we go deeper, I want to be upfront about this. I think Dario Amodei's concerns about the pace of artificial intelligence (AI) development deserve to be taken seriously.
As the CEO of Anthropic, one of the companies building this technology, he has a front-row view of where AI is heading. That alone gives his warnings a perspective most of us don't have.
Dario Amodei published an essay **** led "We Must Pace the Frontier" on Sep. 12, 2026, calling for an intentional slowdown in advanced AI development.
He received remarkable support. OpenAI CEO Sam Altman endorsed it. Elon Musk said Amodei was "right." Even competitors in a fiercely competitive industry agreed that independent evaluators made sense.
This has been a primary topic of discussion for some time. I also think that if AI development continues at its current pace without safeguards, there is a real risk that we could eventually confront the darker side of what the technology is capable of doing.
Yes, of course, the potential benefits are enormous, but so are the consequences if its risks outpace our ability to manage them.
#pace #dario #anthropic #must
As the CEO of Anthropic, one of the companies building this technology, he has a front-row view of where AI is heading. That alone gives his warnings a perspective most of us don't have.
Dario Amodei published an essay **** led "We Must Pace the Frontier" on Sep. 12, 2026, calling for an intentional slowdown in advanced AI development.
He received remarkable support. OpenAI CEO Sam Altman endorsed it. Elon Musk said Amodei was "right." Even competitors in a fiercely competitive industry agreed that independent evaluators made sense.
This has been a primary topic of discussion for some time. I also think that if AI development continues at its current pace without safeguards, there is a real risk that we could eventually confront the darker side of what the technology is capable of doing.
Yes, of course, the potential benefits are enormous, but so are the consequences if its risks outpace our ability to manage them.
#pace #dario #anthropic #must
2 months ago
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
ARK Invest founder Cathie Wood called warnings that artificial intelligence could wipe out humanity "ridiculous," while welcoming the industry's push to slow advances at the AI frontier so safety measures can catch up.
Wood also expects President Donald Trump to block new federal rules. Polymarket traders currently give a qualifying U.S. AI safety law just a 19% chance of being enacted before 2027, on about $114,000 in trading.
Wood called the industry's slowdown pledge a "positive step." Drawing on her experience investing through the tech and telecom bubble, she said she welcomed industry leaders publicly confronting AI's risks.
"Half of the solution is understanding the problem," Wood told Reuters.
#called #safety #donald
ARK Invest founder Cathie Wood called warnings that artificial intelligence could wipe out humanity "ridiculous," while welcoming the industry's push to slow advances at the AI frontier so safety measures can catch up.
Wood also expects President Donald Trump to block new federal rules. Polymarket traders currently give a qualifying U.S. AI safety law just a 19% chance of being enacted before 2027, on about $114,000 in trading.
Wood called the industry's slowdown pledge a "positive step." Drawing on her experience investing through the tech and telecom bubble, she said she welcomed industry leaders publicly confronting AI's risks.
"Half of the solution is understanding the problem," Wood told Reuters.
#called #safety #donald
2 months ago
Intel is a little higher in pre-market trading, but recently we've seen some noise as broad semiconductor de-risking continues to be one of the stories here. Intel itself has been a fairly successful story over the last year as the turnaround continues for the company.
AI industry leaders got crushed. Perhaps the prospect of slowing frontier model development, as thrown out there by multiple leaders in the industry, has spooked the markets. Investors immediately figured that slower data-center CapEx and semiconductor demand would be part of that. It is a little overdone. It's just a few words, but it looks like the market is trying to turn things around.
Furthermore, you have to keep in mind that interest rates being higher than anticipated has been a bit of a drag.
NVIDIA looks slightly positive in early market trading, with the market trying to reach toward the 50-day EMA. Again, this is about anxiety, with AI capital expenditures being the immediate problem. After all, if fewer data centers were to be built, NVIDIA is directly hit.
The market is looking at this in more fear-than-fact-based terms because NVIDIA's actual business numbers remain extraordinarily strong. So really, rates and the fear of a slowdown are fighting the reality of growth and economic numbers in this company that remain truly envy-worthy of most others.
#Intel #little #continues
AI industry leaders got crushed. Perhaps the prospect of slowing frontier model development, as thrown out there by multiple leaders in the industry, has spooked the markets. Investors immediately figured that slower data-center CapEx and semiconductor demand would be part of that. It is a little overdone. It's just a few words, but it looks like the market is trying to turn things around.
Furthermore, you have to keep in mind that interest rates being higher than anticipated has been a bit of a drag.
NVIDIA looks slightly positive in early market trading, with the market trying to reach toward the 50-day EMA. Again, this is about anxiety, with AI capital expenditures being the immediate problem. After all, if fewer data centers were to be built, NVIDIA is directly hit.
The market is looking at this in more fear-than-fact-based terms because NVIDIA's actual business numbers remain extraordinarily strong. So really, rates and the fear of a slowdown are fighting the reality of growth and economic numbers in this company that remain truly envy-worthy of most others.
#Intel #little #continues
2 months ago
Intel is a little higher in pre-market trading, but recently we've seen some noise as broad semiconductor de-risking continues to be one of the stories here. Intel itself has been a fairly successful story over the last year as the turnaround continues for the company.
AI industry leaders got crushed. Perhaps the prospect of slowing frontier model development, as thrown out there by multiple leaders in the industry, has spooked the markets. Investors immediately figured that slower data-center CapEx and semiconductor demand would be part of that. It is a little overdone. It's just a few words, but it looks like the market is trying to turn things around.
Furthermore, you have to keep in mind that interest rates being higher than anticipated has been a bit of a drag.
NVIDIA looks slightly positive in early market trading, with the market trying to reach toward the 50-day EMA. Again, this is about anxiety, with AI capital expenditures being the immediate problem. After all, if fewer data centers were to be built, NVIDIA is directly hit.
The market is looking at this in more fear-than-fact-based terms because NVIDIA's actual business numbers remain extraordinarily strong. So really, rates and the fear of a slowdown are fighting the reality of growth and economic numbers in this company that remain truly envy-worthy of most others.
#market #Intel #trading #company
AI industry leaders got crushed. Perhaps the prospect of slowing frontier model development, as thrown out there by multiple leaders in the industry, has spooked the markets. Investors immediately figured that slower data-center CapEx and semiconductor demand would be part of that. It is a little overdone. It's just a few words, but it looks like the market is trying to turn things around.
Furthermore, you have to keep in mind that interest rates being higher than anticipated has been a bit of a drag.
NVIDIA looks slightly positive in early market trading, with the market trying to reach toward the 50-day EMA. Again, this is about anxiety, with AI capital expenditures being the immediate problem. After all, if fewer data centers were to be built, NVIDIA is directly hit.
The market is looking at this in more fear-than-fact-based terms because NVIDIA's actual business numbers remain extraordinarily strong. So really, rates and the fear of a slowdown are fighting the reality of growth and economic numbers in this company that remain truly envy-worthy of most others.
#market #Intel #trading #company
2 months ago
Anthropic is moving forward with plans for an initial public offering that could value the company at $2 trillion, with signs pointing to the listing remaining on track, according to Bloomberg. Nasdaq has been selected as the venue for the listing, and Nvidia is reportedly weighing a contribution of around $10 billion to the offering.
Bloomberg reports Anthropic's annualized revenue at $65 billion, with the company's margins underpinned by investor confidence in where AI capabilities are headed rather than by today's cash generation.
The IPO comes as Anthropic chief executive officer Dario Amodei has published an essay calling on AI companies to manage the pace of frontier model development. Amodei's essay calls on firms "must slow the pace" of capability improvements, yet frames the goal as "a balanced rate" of progress, with the ****** urance that "progress will still seem fast," Bloomberg notes. When CFO Krishna Rao shared the piece on LinkedIn, his commentary centered on the themes of "pacing" and "common standards."
Anthropic is preparing to tell IPO investors that its potential revenue opportunity exceeds $30 trillion, according to The Wall Street Journal. The company more than doubled its revenue to $11.6 billion in the second quarter and could seek to raise as much as $100 billion in its offering — both figures that would surpass what ****** eX achieved when it went public in June at a $1.77 trillion valuation.
Investors have projected that Anthropic's annualized revenue will reach between $100 billion and $120 billion before year's end, representing more than tenfold growth from the $47 billion annualized revenue the company reported in May, according to the Financial Times as cited in earlier reporting. Morgan Stanley, Goldman Sachs, and JPMorgan are leading the offering. The company filed paperwork with the Securities and Exchange Commission in June.
#billion #bloomberg #trillion #according
Bloomberg reports Anthropic's annualized revenue at $65 billion, with the company's margins underpinned by investor confidence in where AI capabilities are headed rather than by today's cash generation.
The IPO comes as Anthropic chief executive officer Dario Amodei has published an essay calling on AI companies to manage the pace of frontier model development. Amodei's essay calls on firms "must slow the pace" of capability improvements, yet frames the goal as "a balanced rate" of progress, with the ****** urance that "progress will still seem fast," Bloomberg notes. When CFO Krishna Rao shared the piece on LinkedIn, his commentary centered on the themes of "pacing" and "common standards."
Anthropic is preparing to tell IPO investors that its potential revenue opportunity exceeds $30 trillion, according to The Wall Street Journal. The company more than doubled its revenue to $11.6 billion in the second quarter and could seek to raise as much as $100 billion in its offering — both figures that would surpass what ****** eX achieved when it went public in June at a $1.77 trillion valuation.
Investors have projected that Anthropic's annualized revenue will reach between $100 billion and $120 billion before year's end, representing more than tenfold growth from the $47 billion annualized revenue the company reported in May, according to the Financial Times as cited in earlier reporting. Morgan Stanley, Goldman Sachs, and JPMorgan are leading the offering. The company filed paperwork with the Securities and Exchange Commission in June.
#billion #bloomberg #trillion #according
2 months ago
Palantir stock has had a rough stretch. A 5-star Wall Street **** yst just said the market is reading the company wrong.
UBS **** yst Karl Keirstead raised his price target on Palantir Technologies to $250 from $220 on Sept. 15, reiterating his Buy rating, according to CNBC. At Palantir's Sept. 14 closing price of roughly $173, the new target implies about 44% upside.
Keirstead's updated view stemmed directly from Palantir's Sept. 10 AIPCon11 event, where Palantir brought together customers, executives, and partners to discuss how companies are deploying its AI platform in real operations.
"Our view of Palantir as the best AI enabler in the market, making frontier models and AI useful in large enterprises, was, if anything, bolstered by these conversations, and demand momentum seems robust," Keirstead wrote in a note shared with clients.
He described three points that stood out from the event. Customer conversations kept coming back to AI sovereignty, the idea that enterprises and governments want control over their own data and AI infrastructure, rather than handing it to a small number of large cloud providers.
#analyst #market #target #Event
UBS **** yst Karl Keirstead raised his price target on Palantir Technologies to $250 from $220 on Sept. 15, reiterating his Buy rating, according to CNBC. At Palantir's Sept. 14 closing price of roughly $173, the new target implies about 44% upside.
Keirstead's updated view stemmed directly from Palantir's Sept. 10 AIPCon11 event, where Palantir brought together customers, executives, and partners to discuss how companies are deploying its AI platform in real operations.
"Our view of Palantir as the best AI enabler in the market, making frontier models and AI useful in large enterprises, was, if anything, bolstered by these conversations, and demand momentum seems robust," Keirstead wrote in a note shared with clients.
He described three points that stood out from the event. Customer conversations kept coming back to AI sovereignty, the idea that enterprises and governments want control over their own data and AI infrastructure, rather than handing it to a small number of large cloud providers.
#analyst #market #target #Event
2 months ago
WASHINGTON (AP) — The United States has confirmed for the first time that it has deployed weapons in ******* e, a remarkable revelation after previous warnings about countries such as Russia possibly weaponizing a global frontier long agreed in treaties to be used for only peaceful purposes.
Air Force Secretary Troy Meink said Monday that the U.S. has fielded "on-orbit ******* e control weapons capable of defending the Joint Force against hostile adversary action."
Meink did not detail what the weapons were, how they work or if they were targeting other objects in ******* e or on Earth. The U.S. had warned two years ago that Russia was developing a new ******* e-based, anti-satellite weapon, though the White House said the danger wasn't imminent at the time.
But reports of the anti-satellite weapon reflected longstanding worries about ******* e threats from Russia and China, given that much U.S. infrastructure is dependent on satellite communications. The U.S. has also previously demonstrated its own abilities to shoot down satellites from Earth.
In his remarks to the Air and ******* e Forces ******* ociation's Air, ******* e & Cyber Conference, Meink also said the Air Force was adding more autonomous systems to its capabilities and predicted the service would look "radically different" by 2032. For example, he foresaw one-way attack drones replacing artillery as the "primary killer."
#space #earth
Air Force Secretary Troy Meink said Monday that the U.S. has fielded "on-orbit ******* e control weapons capable of defending the Joint Force against hostile adversary action."
Meink did not detail what the weapons were, how they work or if they were targeting other objects in ******* e or on Earth. The U.S. had warned two years ago that Russia was developing a new ******* e-based, anti-satellite weapon, though the White House said the danger wasn't imminent at the time.
But reports of the anti-satellite weapon reflected longstanding worries about ******* e threats from Russia and China, given that much U.S. infrastructure is dependent on satellite communications. The U.S. has also previously demonstrated its own abilities to shoot down satellites from Earth.
In his remarks to the Air and ******* e Forces ******* ociation's Air, ******* e & Cyber Conference, Meink also said the Air Force was adding more autonomous systems to its capabilities and predicted the service would look "radically different" by 2032. For example, he foresaw one-way attack drones replacing artillery as the "primary killer."
#space #earth
2 months ago
Shares of Okta (NASDAQ: OKTA) charged out of the gate Monday, gaining as much as 11.8%. As of 11:32 a.m. ET, the stock was still up 11.2%.
The catalyst that sent the cybersecurity specialist higher was the calls by prominent industry insiders for a slowdown in artificial intelligence (AI) development.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
In a treatise released over the weekend, Anthropic CEO Dario Amodei called for a slowdown in the pace of AI development. He said that "like many technologies before it, AI brings risks, and because it is such a powerful technology, these risks are serious." Amodei's concerns included the" risk of losing control of AI systems, misuse for cyberattacks and bioterrorism, and serious economic disruption." He pointed to the high-profile hack of Hugging Face by OpenAI models as evidence of the need for caution.
Other chief executives joined the chorus, including ******* e Exploration Technologies, aka ******* eX, CEO Elon Musk, who said in a post on X, "Dario is right." OpenAI CEO Sam Altman also sided with Amodei, who inked his own essay, calling for "consistent rules to manage frontier (model) risk." He stopped short of calling for a moratorium, saying slowing the pace of AI development does "not mean stopping."
#NVIDIA #flashing
The catalyst that sent the cybersecurity specialist higher was the calls by prominent industry insiders for a slowdown in artificial intelligence (AI) development.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
In a treatise released over the weekend, Anthropic CEO Dario Amodei called for a slowdown in the pace of AI development. He said that "like many technologies before it, AI brings risks, and because it is such a powerful technology, these risks are serious." Amodei's concerns included the" risk of losing control of AI systems, misuse for cyberattacks and bioterrorism, and serious economic disruption." He pointed to the high-profile hack of Hugging Face by OpenAI models as evidence of the need for caution.
Other chief executives joined the chorus, including ******* e Exploration Technologies, aka ******* eX, CEO Elon Musk, who said in a post on X, "Dario is right." OpenAI CEO Sam Altman also sided with Amodei, who inked his own essay, calling for "consistent rules to manage frontier (model) risk." He stopped short of calling for a moratorium, saying slowing the pace of AI development does "not mean stopping."
#NVIDIA #flashing
2 months ago
Anthropic CEO Dario Amodei published an essay on Saturday asking the companies that build the most capable artificial intelligence (AI) models to slow down -- to pace how fast those models improve. Stock futures fell Sunday evening as investors weighed AI safety concerns, with Nasdaq futures falling the most.
Nvidia (NASDAQ:NVDA) shares had already dropped about 5% last week, to about $218 as of this writing, before the essay came out. The chipmaker's own forecast calls for $108.0 billion of revenue this quarter.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Does a paced frontier change what Nvidia can sell, or only how fast models improve? I read the essay over the weekend. Nothing in it asks anyone to buy fewer chips.
Image source: Getty Images.
#essay #fast
Nvidia (NASDAQ:NVDA) shares had already dropped about 5% last week, to about $218 as of this writing, before the essay came out. The chipmaker's own forecast calls for $108.0 billion of revenue this quarter.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Does a paced frontier change what Nvidia can sell, or only how fast models improve? I read the essay over the weekend. Nothing in it asks anyone to buy fewer chips.
Image source: Getty Images.
#essay #fast
2 months ago
Our ****** ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
Europe's AI winners spent Monday discovering how quickly momentum can work in reverse, as investors dumped the semiconductor companies most exposed to the infrastructure boom behind increasingly powerful models.
ASML lost more than 5% while French semiconductor-materials specialist Soitec fell roughly 13%, showing that the same AI exposure that had recently justified higher forecasts and valuations can become painful when investors start questioning the pace of future spending.
The sell-off followed calls from some of the most prominent figures in artificial intelligence for a more cautious pace of frontier-model development, with concerns focused on the risks created as systems become more autonomous and capable.
That was enough to trigger a global unwind in the companies most closely ****** ociated with AI infrastructure. In Europe, ASML fell about 5.2%, ASM International dropped 8.7%, Infineon lost 7.6% and Soitec was the worst performer in the Stoxx 600 with a decline of roughly 12.6%.
#asml #investors #semiconductor #fell
Europe's AI winners spent Monday discovering how quickly momentum can work in reverse, as investors dumped the semiconductor companies most exposed to the infrastructure boom behind increasingly powerful models.
ASML lost more than 5% while French semiconductor-materials specialist Soitec fell roughly 13%, showing that the same AI exposure that had recently justified higher forecasts and valuations can become painful when investors start questioning the pace of future spending.
The sell-off followed calls from some of the most prominent figures in artificial intelligence for a more cautious pace of frontier-model development, with concerns focused on the risks created as systems become more autonomous and capable.
That was enough to trigger a global unwind in the companies most closely ****** ociated with AI infrastructure. In Europe, ASML fell about 5.2%, ASM International dropped 8.7%, Infineon lost 7.6% and Soitec was the worst performer in the Stoxx 600 with a decline of roughly 12.6%.
#asml #investors #semiconductor #fell
2 months ago
Leave it to Elon Musk to say, essentially, I've been right all along.
The **** eX (SPCX) and Tesla (TSLA) CEO agreed with Anthropic (ANTH.PVT) CEO Dario Amodei on his essay arguing for pacing AI advances.
The crux of Amodei's argument is that AI using recursive self-improvement "could outrun our ability to understand and control these systems, and so must be pursued very carefully, if at all."
In order to prevent future harms, Amodei said frontier AI companies should commit to embedding third-party evaluators in their organizations that can **** s their AI models and confirm the labs' "adherence to safety practices and commitments, report incidents, and help **** s the alignment of not just completed AI models but training pipelines and processes."
Musk replied on X.com, "Dario is right," but also added later that he's been "sounding the alarm" over AI for some time now, linking back to a post he made back in 2023, when he wrote, "AGI is significantly higher risk than nuclear weapons, in my opinion. Super smart humans have trouble imagining something vastly smarter than themselves."
#assess
The **** eX (SPCX) and Tesla (TSLA) CEO agreed with Anthropic (ANTH.PVT) CEO Dario Amodei on his essay arguing for pacing AI advances.
The crux of Amodei's argument is that AI using recursive self-improvement "could outrun our ability to understand and control these systems, and so must be pursued very carefully, if at all."
In order to prevent future harms, Amodei said frontier AI companies should commit to embedding third-party evaluators in their organizations that can **** s their AI models and confirm the labs' "adherence to safety practices and commitments, report incidents, and help **** s the alignment of not just completed AI models but training pipelines and processes."
Musk replied on X.com, "Dario is right," but also added later that he's been "sounding the alarm" over AI for some time now, linking back to a post he made back in 2023, when he wrote, "AGI is significantly higher risk than nuclear weapons, in my opinion. Super smart humans have trouble imagining something vastly smarter than themselves."
#assess
2 months ago
Meta jumped 7% and Nvidia dropped 8% after Amodei, Altman, and Musk publicly called for slowing frontier AI model development.
Microsoft held flat while ASML fell 10% and SoftBank dropped 11%, as markets rotated from AI hardware suppliers into enterprise software names.
With Fed rate hike odds at 85% and the 10-year yield near 5%, the rotation holds only if hyperscalers revise their massive capex plans.
Just released. Our **** ysts combed the entire stock market and named the ten best stocks to buy right now, and NVIDIA made the cut. Enter your email to see the other nine names and why NVDA earned its spot. The report is free. Enter your email and see the full list.
Shares of Meta Platforms (NASDAQ:META) climbed 7.12% over the past week to $660.71, while Alphabet (NASDAQ:GOOGL) added 2.09% and Microsoft (NASDAQ:MSFT) held roughly flat at $499.83. NVIDIA (NASDAQ:NVDA) fell 8.38% over the same stretch to $210.82, and Amazon (NASDAQ:AMZN) slipped 1.74%. Prices are delayed intraday as of the morning of September 14, 2026, according to NBC News.
#NASDAQ #flat #fell
Microsoft held flat while ASML fell 10% and SoftBank dropped 11%, as markets rotated from AI hardware suppliers into enterprise software names.
With Fed rate hike odds at 85% and the 10-year yield near 5%, the rotation holds only if hyperscalers revise their massive capex plans.
Just released. Our **** ysts combed the entire stock market and named the ten best stocks to buy right now, and NVIDIA made the cut. Enter your email to see the other nine names and why NVDA earned its spot. The report is free. Enter your email and see the full list.
Shares of Meta Platforms (NASDAQ:META) climbed 7.12% over the past week to $660.71, while Alphabet (NASDAQ:GOOGL) added 2.09% and Microsoft (NASDAQ:MSFT) held roughly flat at $499.83. NVIDIA (NASDAQ:NVDA) fell 8.38% over the same stretch to $210.82, and Amazon (NASDAQ:AMZN) slipped 1.74%. Prices are delayed intraday as of the morning of September 14, 2026, according to NBC News.
#NASDAQ #flat #fell
2 months ago
Tech stocks fell on Monday, as AI industry leaders raised concerns about the future of the technology and its potential to harm humans. The Nasdaq fell roughly 0.8% in early trading. The Philadelphia Semiconductor Index fell more than 4%.
The episode began last week when an Anthropic researcher announced he was leaving the company via a post on X, saying he didn't feel it was doing enough to keep AI in check.
Anthropic Alignment Science Lead, Evan Hubinger, responded the post saying the former Anthropic worker is correct and that he believes there is a greater-than-10 % chance that the technology could "kill all humans."
On Saturday, Anthropic CEO Dario Amodei posted an essay responding to the posts, calling on AI companies to slow the pace of frontier AI development. OpenAI CEO Sam Altman agreed.
And on Monday, Reuters reported that Microsoft is developing its own code of conduct for its AI models.
#anthropic #Monday #Tech
The episode began last week when an Anthropic researcher announced he was leaving the company via a post on X, saying he didn't feel it was doing enough to keep AI in check.
Anthropic Alignment Science Lead, Evan Hubinger, responded the post saying the former Anthropic worker is correct and that he believes there is a greater-than-10 % chance that the technology could "kill all humans."
On Saturday, Anthropic CEO Dario Amodei posted an essay responding to the posts, calling on AI companies to slow the pace of frontier AI development. OpenAI CEO Sam Altman agreed.
And on Monday, Reuters reported that Microsoft is developing its own code of conduct for its AI models.
#anthropic #Monday #Tech
2 months ago
US stock futures sank on Monday morning after the two leading frontier artificial intelligence companies called for an industrywide slowdown of AI development, sending tech stocks tumbling. Rising oil prices and an upcoming Fed meeting this week also put pressure on stocks.
Futures on the tech-heavy Nasdaq-100 (NQ=F) fell 1.5%, led by losses in chip stocks, including Nvidia (NVDA). Futures on the Dow Jones Industrial Average (YM=F) fell 0.3%, while those on the S&P 500 (ES=F) declined by 0.6%. In Asia, shares of memory chip makers SK Hynix (SKHY) and Samsung (005930.KS) dropped.
Tech stocks were poised to fall after Anthropic (ANTH.PVT) CEO Dario Amodei wrote a 3,800-word essay over the weekend, arguing that AI companies should slow the pace of improving AI models in order to address safety concerns. Sam Altman, the CEO of rival AI lab OpenAI (OPAI.PVT), agreed in a post on X, putting the two AI companies at odds with Wall Street, which has banked on a brisk pace of improvement.
Worries about AI safety also led OpenAI to delay its initial public offering until 2027, Altman told Fortune. Anthropic still plans to list in the fall and has reportedly chosen the Nasdaq for its highly anticipated IPO.
Oil prices, meanwhile, continued to climb after Saudi Arabia shut down a key pipeline in the Middle East and as the war in the Middle East spread. Brent crude (BZ=F) traded near $108 per barrel.
#stocks #NASDAQ #openai
Futures on the tech-heavy Nasdaq-100 (NQ=F) fell 1.5%, led by losses in chip stocks, including Nvidia (NVDA). Futures on the Dow Jones Industrial Average (YM=F) fell 0.3%, while those on the S&P 500 (ES=F) declined by 0.6%. In Asia, shares of memory chip makers SK Hynix (SKHY) and Samsung (005930.KS) dropped.
Tech stocks were poised to fall after Anthropic (ANTH.PVT) CEO Dario Amodei wrote a 3,800-word essay over the weekend, arguing that AI companies should slow the pace of improving AI models in order to address safety concerns. Sam Altman, the CEO of rival AI lab OpenAI (OPAI.PVT), agreed in a post on X, putting the two AI companies at odds with Wall Street, which has banked on a brisk pace of improvement.
Worries about AI safety also led OpenAI to delay its initial public offering until 2027, Altman told Fortune. Anthropic still plans to list in the fall and has reportedly chosen the Nasdaq for its highly anticipated IPO.
Oil prices, meanwhile, continued to climb after Saudi Arabia shut down a key pipeline in the Middle East and as the war in the Middle East spread. Brent crude (BZ=F) traded near $108 per barrel.
#stocks #NASDAQ #openai
2 months ago
Broadcom (AVGO) targets $230B in AI revenue by fiscal 2028, with Q3 AI chip sales surging 221% YoY to $16.7B.
Hock Tan says custom XPUs outperform Nvidia (NVDA) GPUs at less than half the cost, making every hyperscaler a long-term Broadcom customer.
Broadcom converts 46% of revenue to free cash flow and has raised its dividend every year for 15 consecutive years.
Just released. Our ***** ysts combed the entire stock market and named the ten best stocks to buy right now, and Broadcom didn't make the cut. Enter your email to see the names that beat AVGO. The report is free. Enter your email and see if any of your stocks made the cut.
I keep hitting the buy ***** on on Broadcom (NASDAQ:AVGO) because Hock Tan has quietly built the toll road that Alphabet, Meta, OpenAI, and Anthropic must drive down to reach their AI ambitions. Every custom accelerator these frontier labs deploy sends a fresh check to San Jose, and the checks are getting larger every quarter.
#revenue #free #stocks
Hock Tan says custom XPUs outperform Nvidia (NVDA) GPUs at less than half the cost, making every hyperscaler a long-term Broadcom customer.
Broadcom converts 46% of revenue to free cash flow and has raised its dividend every year for 15 consecutive years.
Just released. Our ***** ysts combed the entire stock market and named the ten best stocks to buy right now, and Broadcom didn't make the cut. Enter your email to see the names that beat AVGO. The report is free. Enter your email and see if any of your stocks made the cut.
I keep hitting the buy ***** on on Broadcom (NASDAQ:AVGO) because Hock Tan has quietly built the toll road that Alphabet, Meta, OpenAI, and Anthropic must drive down to reach their AI ambitions. Every custom accelerator these frontier labs deploy sends a fresh check to San Jose, and the checks are getting larger every quarter.
#revenue #free #stocks
2 months ago
France-based Mistral has completed a €3bn ($3.48bn) Series D funding round, putting the AI company's post-money valuation at more than €21bn ($24.4bn).
The fundraising was co-led by Samsung Electronics, the Scaleup Europe Fund managed by EQT, and existing investor PSG Equity.
The latest round provides capital to expand the company's "frontier research," along with increased compute capabilities for training AI models and broader international operations. This round comes three years after Mistral's founding.
Mistral currently has operations in 20 countries and supports more than 125 global enterprises with their AI initiatives. Its clients include ASML, Airbus, HSBC, and others.
According to Mistral, the new investment will help to scale its infrastructure, accelerate its commercial growth, and strengthen its position in AI provision for both enterprises and governments seeking control over data and AI deployment.
#mistral #round #france #series
The fundraising was co-led by Samsung Electronics, the Scaleup Europe Fund managed by EQT, and existing investor PSG Equity.
The latest round provides capital to expand the company's "frontier research," along with increased compute capabilities for training AI models and broader international operations. This round comes three years after Mistral's founding.
Mistral currently has operations in 20 countries and supports more than 125 global enterprises with their AI initiatives. Its clients include ASML, Airbus, HSBC, and others.
According to Mistral, the new investment will help to scale its infrastructure, accelerate its commercial growth, and strengthen its position in AI provision for both enterprises and governments seeking control over data and AI deployment.
#mistral #round #france #series
2 months ago
CNBC reported that Salesforce, Inc. (NYSE:CRM) reported fiscal second-quarter revenue of $11.35 billion, up 11% year over year and above the $11.32 billion ******* ysts expected. Net income rose to $3.53 billion from $1.89 billion a year earlier, boosted by a $2.6 billion gain on its Anthropic investment.
Shares surged more than 12% on the results and kept climbing the next day after Salesforce CEO Marc Benioff and Anthropic CEO Dario Amodei disclosed "Claudeforce," a plug-in bringing Salesforce data into Claude. "This SaaSpocalypse narrative has been such nonsense," Benioff told CNBC's Jim Cramer. "Frontier models depend on CRM. They don't replace it." Agentforce annualized revenue topped $1.5 billion, up 240% year over year. Salesforce announced a $1.6 billion VA contract and a planned $3.6 billion acquisition of Fin.
The quarter's strength was broad-based, not confined to one metric skeptics could dismiss. Net new annual order value growth was the strongest in four years. Seats grew across Agentforce, Sales, Service, and Slack rather than declining as bears predicted; attrition sat near its lowest level ever, and bookings more than doubled quarter over quarter, directly rebutting the claims the "SaaSpocalypse" narrative was built on.
Agentforce is now a large, fast-growing business on its own, not just a talking point. Annualized revenue from the AI agent platform topped $1.5 billion, up 240% year over year. It gives Salesforce a concrete, rapidly scaling product line that validates its AI strategy with real recurring revenue.
The Claude partnership strengthens Salesforce, Inc. (NYSE:CRM)'s AI offering by giving customers direct access to Anthropic's models within its CRM platform. Incorporating Claude with Salesforce's proprietary customer data could make Agentforce and other AI tools more useful to businesses while giving Salesforce another way to monetize the growing demand for enterprise AI. The partnership also shows Salesforce can work with leading AI model developers rather than relying entirely on its own models.
#billion #year
Shares surged more than 12% on the results and kept climbing the next day after Salesforce CEO Marc Benioff and Anthropic CEO Dario Amodei disclosed "Claudeforce," a plug-in bringing Salesforce data into Claude. "This SaaSpocalypse narrative has been such nonsense," Benioff told CNBC's Jim Cramer. "Frontier models depend on CRM. They don't replace it." Agentforce annualized revenue topped $1.5 billion, up 240% year over year. Salesforce announced a $1.6 billion VA contract and a planned $3.6 billion acquisition of Fin.
The quarter's strength was broad-based, not confined to one metric skeptics could dismiss. Net new annual order value growth was the strongest in four years. Seats grew across Agentforce, Sales, Service, and Slack rather than declining as bears predicted; attrition sat near its lowest level ever, and bookings more than doubled quarter over quarter, directly rebutting the claims the "SaaSpocalypse" narrative was built on.
Agentforce is now a large, fast-growing business on its own, not just a talking point. Annualized revenue from the AI agent platform topped $1.5 billion, up 240% year over year. It gives Salesforce a concrete, rapidly scaling product line that validates its AI strategy with real recurring revenue.
The Claude partnership strengthens Salesforce, Inc. (NYSE:CRM)'s AI offering by giving customers direct access to Anthropic's models within its CRM platform. Incorporating Claude with Salesforce's proprietary customer data could make Agentforce and other AI tools more useful to businesses while giving Salesforce another way to monetize the growing demand for enterprise AI. The partnership also shows Salesforce can work with leading AI model developers rather than relying entirely on its own models.
#billion #year
2 months ago
By Deepa Seetharaman and Raphael Satter
SAN FRANCISCO, Sept 4 (Reuters) - A swarm of rogue OpenAI agents hijacked a German website this spring and transformed it into a bulletin board for other AI agents, according to new research published Friday and two people familiar with the matter.
OpenAI officials learned of the incident weeks ago but kept it under wraps as executives grappled with the fallout from the July breach of the open source repository Hugging Face, the people said.
The episode, which began in May and has not previously been reported, underscores growing tension within the AI industry. Companies are racing to build increasingly autonomous agents capable of carrying out complex, valuable tasks, yet evidence is mounting that those systems may also learn to bend rules, exploit loopholes and coordinate with one another in ways developers neither anticipated nor intended.
During the Hugging Face breach, OpenAI agents autonomously plotted a digital heist that went undetected for more than a week, intensifying concerns OpenAI is sacrificing safety to push the AI frontier. Its failure to disclose the May incident may revive questions about its oversight.
#incident
SAN FRANCISCO, Sept 4 (Reuters) - A swarm of rogue OpenAI agents hijacked a German website this spring and transformed it into a bulletin board for other AI agents, according to new research published Friday and two people familiar with the matter.
OpenAI officials learned of the incident weeks ago but kept it under wraps as executives grappled with the fallout from the July breach of the open source repository Hugging Face, the people said.
The episode, which began in May and has not previously been reported, underscores growing tension within the AI industry. Companies are racing to build increasingly autonomous agents capable of carrying out complex, valuable tasks, yet evidence is mounting that those systems may also learn to bend rules, exploit loopholes and coordinate with one another in ways developers neither anticipated nor intended.
During the Hugging Face breach, OpenAI agents autonomously plotted a digital heist that went undetected for more than a week, intensifying concerns OpenAI is sacrificing safety to push the AI frontier. Its failure to disclose the May incident may revive questions about its oversight.
#incident
2 months ago
Nvidia's (NVDA) big deal for Hugging Face makes strategic sense not only for Nvidia, but for a wider tech industry barreling right through the AI era.
"Jensen [CEO Jensen Huang] knows this [deal] is very strategic. So in the end, if he's helped accelerate the momentum of adoption [of AI] in enterprise, that's all good news," Hewlett Packard Enterprise (HPE) CEO Antonio Neri told Yahoo Finance in an interview.
The acquisition — confirmed on Thursday — gives the chip giant direct access to the world's largest repository of AI models and datasets. That repository is used by over 18 million developers and 200,000 enterprise organizations worldwide.
Strategically, the move gives Nvidia unparalleled real-time visibility into developer trends, popular model architectures, and emerging framework preferences across the global AI ecosystem.
Added Neri, "We need to find ways to continue to optimize the economics because the reality is that you're going to use different types of tokens from different types of models to deliver the outcome. You're looking at an AI agent process approach. So you're going to have frontier models, open-source models and open-weight models. But the reality is also that China obviously has been a big contributor to the open-source community and is leveraging the open-source community for their own needs. So we need to strike a balance, and therefore having a much stronger presence in the open source communities is incredible."
#open #enterprise #jensen #strategic
"Jensen [CEO Jensen Huang] knows this [deal] is very strategic. So in the end, if he's helped accelerate the momentum of adoption [of AI] in enterprise, that's all good news," Hewlett Packard Enterprise (HPE) CEO Antonio Neri told Yahoo Finance in an interview.
The acquisition — confirmed on Thursday — gives the chip giant direct access to the world's largest repository of AI models and datasets. That repository is used by over 18 million developers and 200,000 enterprise organizations worldwide.
Strategically, the move gives Nvidia unparalleled real-time visibility into developer trends, popular model architectures, and emerging framework preferences across the global AI ecosystem.
Added Neri, "We need to find ways to continue to optimize the economics because the reality is that you're going to use different types of tokens from different types of models to deliver the outcome. You're looking at an AI agent process approach. So you're going to have frontier models, open-source models and open-weight models. But the reality is also that China obviously has been a big contributor to the open-source community and is leveraging the open-source community for their own needs. So we need to strike a balance, and therefore having a much stronger presence in the open source communities is incredible."
#open #enterprise #jensen #strategic
2 months ago
Microsoft announced a new financial reporting structure on Wednesday, collapsing its three operating segments into two as artificial intelligence reshapes how the company organizes its business. The change takes effect in fiscal year 2027.
The two new segments are Agents and Infra, and Devices and Consumer. Those three categories — Productivity and Business Processes, Intelligent Cloud, and More Personal Computing — dated to 2015, according to CNBC.
Agents and Infra will include Azure cloud infrastructure, Microsoft 365, GitHub, productivity and server licensing, industry solutions, and frontier and support services. Devices and Consumer will cover search and advertising, Xbox, Windows operating system licenses, and device sales. The restructuring brings Microsoft's advertising businesses together under one segment, the company said.
"There's no question AI represents a profound shift in both technology and business," Chairman and Chief Executive Officer Satya Nadella wrote in the presentation. "It is changing what we build and how we operate, and it is blurring the boundaries between our products and reshaping our business models."
As part of the changes, Microsoft will begin reporting quarterly Azure revenue figures — a disclosure it has not previously made. Under the new, narrower definition of Azure, which excludes GitHub cloud services, developer cloud services, the Security Copilot **** istant, and healthcare and life sciences cloud products, Azure revenue grew 42% to $29.42 billion in the June quarter. That compares with 43% growth under the old Azure and other cloud services metric. Azure represented roughly 33% of Microsoft's total revenue in that period.
#Services #agents
The two new segments are Agents and Infra, and Devices and Consumer. Those three categories — Productivity and Business Processes, Intelligent Cloud, and More Personal Computing — dated to 2015, according to CNBC.
Agents and Infra will include Azure cloud infrastructure, Microsoft 365, GitHub, productivity and server licensing, industry solutions, and frontier and support services. Devices and Consumer will cover search and advertising, Xbox, Windows operating system licenses, and device sales. The restructuring brings Microsoft's advertising businesses together under one segment, the company said.
"There's no question AI represents a profound shift in both technology and business," Chairman and Chief Executive Officer Satya Nadella wrote in the presentation. "It is changing what we build and how we operate, and it is blurring the boundaries between our products and reshaping our business models."
As part of the changes, Microsoft will begin reporting quarterly Azure revenue figures — a disclosure it has not previously made. Under the new, narrower definition of Azure, which excludes GitHub cloud services, developer cloud services, the Security Copilot **** istant, and healthcare and life sciences cloud products, Azure revenue grew 42% to $29.42 billion in the June quarter. That compares with 43% growth under the old Azure and other cloud services metric. Azure represented roughly 33% of Microsoft's total revenue in that period.
#Services #agents
2 months ago
On August 21, Martin Marietta Materials (NYSE:MLM) completed its combination with Lhoist North America, a subsidiary of Lhoist Group and one of the country's leading producers of lime and industrial mineral products. The deal hands Martin Marietta more than 2 billion tons of high-quality limestone reserves and, according to the company, makes it the nation's leading producer of limestone products. It caps months of dealmaking that has quietly reshaped what kind of company Martin Marietta is becoming.
Lhoist North America serves steel manufacturing, infrastructure, heavy nonresidential construction and environmental solutions, markets Martin Marietta says it can now reach through a shared limestone base. Company leadership has pointed to lime's mission-critical role in steel production and water treatment, businesses that lean on Martin Marietta's expanding Specialties platform. In the second quarter, that platform delivered $152 million in revenue and $50 million in gross profit, both records, aided by the July 2025 Premier Magnesia acquisition and organic pricing gains. One example the company highlighted: its Woodville lime plant saw shipments exceed 2006 levels by 2% even as broader U.S. aggregates production stayed 25% below its prior peak, a sign of how differently lime demand behaves through a downturn.
The core aggregates business is not standing still either. Second-quarter revenue there hit $1.5 billion, up 16%, while total shipments rose 17% to 61.6 million tons on acquisitions and organic growth in the Central and West divisions. Organic shipments alone grew 2.3%, the fourth straight quarter of gains. Management raised full-year revenue guidance to a range of $7.2 billion to $7.4 billion to reflect the New Frontier Materials acquisition, while reaffirming adjusted EBITDA guidance of $2.36 billion to $2.5 billion. Data center activity in company-served markets climbed 90% year to date, warehouse construction rose 53%, and 70% of under-construction data center and manufacturing square footage sits within 55 miles of a Martin Marietta facility.
Growth has not come free. Average selling prices fell 2% on a headline basis in the second quarter, even though they rose 3.7% once adjusted for geographic mix, a gap that shows how much the picture depends on how you slice it. Reported aggregate gross profit of $418 million absorbed a $52 million noncash inventory step-up charge tied to purchase accounting, and organic cost of goods sold per ton rose 3.6%, including a 150 basis point hit from higher pass-through freight costs.
#billion
Lhoist North America serves steel manufacturing, infrastructure, heavy nonresidential construction and environmental solutions, markets Martin Marietta says it can now reach through a shared limestone base. Company leadership has pointed to lime's mission-critical role in steel production and water treatment, businesses that lean on Martin Marietta's expanding Specialties platform. In the second quarter, that platform delivered $152 million in revenue and $50 million in gross profit, both records, aided by the July 2025 Premier Magnesia acquisition and organic pricing gains. One example the company highlighted: its Woodville lime plant saw shipments exceed 2006 levels by 2% even as broader U.S. aggregates production stayed 25% below its prior peak, a sign of how differently lime demand behaves through a downturn.
The core aggregates business is not standing still either. Second-quarter revenue there hit $1.5 billion, up 16%, while total shipments rose 17% to 61.6 million tons on acquisitions and organic growth in the Central and West divisions. Organic shipments alone grew 2.3%, the fourth straight quarter of gains. Management raised full-year revenue guidance to a range of $7.2 billion to $7.4 billion to reflect the New Frontier Materials acquisition, while reaffirming adjusted EBITDA guidance of $2.36 billion to $2.5 billion. Data center activity in company-served markets climbed 90% year to date, warehouse construction rose 53%, and 70% of under-construction data center and manufacturing square footage sits within 55 miles of a Martin Marietta facility.
Growth has not come free. Average selling prices fell 2% on a headline basis in the second quarter, even though they rose 3.7% once adjusted for geographic mix, a gap that shows how much the picture depends on how you slice it. Reported aggregate gross profit of $418 million absorbed a $52 million noncash inventory step-up charge tied to purchase accounting, and organic cost of goods sold per ton rose 3.6%, including a 150 basis point hit from higher pass-through freight costs.
#billion
