Nvidia
Dominant designer of GPUs and AI accelerators; the core supplier of AI compute hardware.
Issue #124: Nvidia May Help Fund Anthropic's $2 Trillion IPO
Up to $100 billion on Nasdaq. Nvidia is in talks for as much as $10 billion of it, and Amazon is expected to add equity too.
z.ai
+10
Issue #123: OpenAI Might Have "Stolen" A New Math Proof
Because not training on customer data only applies to enterprises.
Firmus
+12
Issue #122: NVIDIA Paid $16B to Stop Being Optional
$3.5bn into MediaTek and $12.93bn for Hugging Face. Because all roads lead to Jensen.
Baidu
+12
Issue #121: NVIDIA Wants the Home of Open-Source AI
A reported $12.9bn bid for Hugging Face. NVIDIA systems 15% dearer the same week.
z.ai
+8
Issue #119: NVIDIA and Wall Street give birth to a new asset class
But don't call it vendor financing.
Apollo
+27
Issue #118: A Two-Year-Old With Nothing to Sell Just Raised $312M
At a $3.3bn valuation. Arm and Netflix's co-founder are in. First chip: 2027.
DeepSeek
+27
Issue #117: Meta Just Became a Tenant in Its Own Data Centre
Sale and leaseback becomes the model.
SK Group
+25
Issue #116: NVIDIA now owns a big slice of Nebius
9.3%. No press release. Locked up until September.
Tata
+26
Issue #115: Anthropic and OpenAI have a serious problem
The frontier model race is opening up
Apollo
+26
Issue #113: Is Meta Quietly Dropping Out of the Frontier Model Race?
Built to compete. Now for rent.
Together AI
+29
Issue #112: 60 People Are on the Hook for $6.3B of Compute
And the model they plan to train doesn't exist yet.
OpenAI
+12
Issue #109: IREN's GPU Debt Goes Investment-Grade, Helion Triples to $15.5B for AI Fusion Power, & CoreWeave Lights Up First VR200
Cheaper money, faster hardware access, bigger cheques, and a $15.5B bet on fusion: to the (current) winners go the spoils.
Megaport
+18
Issue #108: Anthropic Raises $65B at $965B, Releases Opus 4.8 the Same Day, & Groq Returns as a Neocloud After Licensing to NVIDIA
New funding and a new model. On the same day. Dario spoils us.
OpenAI
+16
Issue #107: Iran Wants to Charge for Subsea Cables, Anthropic's Monthly Colossus Bill, & Data Centre Curtailment
Subsea cables were built as public goods. Four American companies turned them into private infrastructure.
OpenAI
+18
Issue #103: SpaceX Options Coding Platform Distilled from Chinese Model the White House Accused China of Stealing for $60B, Anthropic Hits $30B Revenue, & 3 Frontier Models Ship
Distillation is apparently theft when China does it to American models and a $60 billion acquisition target when an American company does it to Chinese ones.
DeepSeek
+12
Issue #100: Anthropic Leaks Claude Code & Mythos, CoreWeave Closes First A3-Rated GPU Debt, & Sharon AI Lands Aussie Decacorn Customer
OpenClaw is now only the second most-starred GitHub repo in history
OpenAI
+9
Issue #98: Supermicro Co-Founder Charged with Smuggling $2.5B in AI Chips to China, Meta Puts $27B Into Nebius, & Heterogeneous Compute Clusters Take Centre Stage
The export control regime just got its first high-profile criminal case. The defendant was at GTC on Monday.
Cerebras
+12
Issue #96: NVIDIA Puts $2B Into 5GW Nebius Partnership, Nscale Raises $2B & Questions from The Guardian, & xAI's 41 Gas Turbines
The biggest week in AI infrastructure this year. And a scaffolding yard in Essex.
Oracle
+8
