Nvidia-backed Nscale Wants to Ride the AI Infrastructure Boom to Wall Street: Files for NYSE IPO
London cloud company Nscale, backed by Microsoft and Nvidia, has filed to sell shares publicly on the New York Stock Exchange.
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Gavin Newsom Orders California to Advance Creation of AI ‘Kill Switch’ — Says Trump and Congress Are ‘Failing to Lead’ on AI Oversight
Newsom ordered tighter AI oversight and a review of “kill switches” for advanced models, criticizing Washington’s lack of federal safeguards.
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Nvidia CEO Jensen Huang Rejects Calls to Slow Down AI Development: ‘We Are Going to Go as Fast We Can, But…'
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Jensen Huang Maintained His Prediction That AI Infrastructure Spending Will Hit $3 Trillion to $4 Trillion by 2030 -- the Same Forecast He Made a Year Ago to the Day. Is Nvidia Still a Buy at These Levels?
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Anthropic Races to Defend Enterprise AI Lead Against OpenAI’s GPT-6 Astra But Weighs Safety Concerns: Report
Anthropic is weighing a new AI model to counter OpenAI’s GPT-6 Astra amid rising competition and safety concerns.
NASA Just Gave SpaceX Another $946 Million Boost, Adding 3 More Crew Dragon Missions to the ISS Through 2030
NASA awarded SpaceX three additional crewed Dragon missions, extending its ISS transportation contract through 2030 for $946 million.
SpaceX Stock Is Down 33% From Its High. Here's Why Morgan Stanley Thinks There's 106% Upside From Here.
SpaceX stock has declined 36% from its all-time high following its June IPO, but Morgan Stanley reiterated a 'buy' rating with a $300 price target implying over 100% upside. The bullish outlook is primarily driven by AI opportunities, which comprise $26.5 trillion of SpaceX's $28.5 trillion addressable market. Morgan Stanley analysts believe SpaceX can build industry-leading AI compute infrastructure that is cheaper, faster, and more energy efficient than competitors.