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Donald Trump’s push to rename AI as “super intelligence” faces mockery and limited adoption by tech companies.
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OpenAI’s annualized revenue may be nearer $50 billion than $70 billion, and investors say the $20 billion gap is accounting, not lost sales.
Securitize shares jump 9.92% in after-hours session as company launches 12 tokenized U.S. stocks on Solana.
Cathie Wood’s Ark sold SpaceX, Meta, AMD and Alphabet shares and bought Kratos shares on Thursday, Oct. 8, 2026.
ARM Holdings has recovered 11.5% over the past month, driven by accelerating AI adoption and expanding data-center demand. The company's Q1 fiscal 2027 revenues rose 22% to $1.29B with data-center royalties more than doubling. However, its forward P/S multiple of 43.54X far exceeds the semiconductor industry average of 5.14X, warranting caution. Analysts recommend holding for existing shareholders while prospective investors should await a better entry point.
Nvidia-backed Firmus reportedly shelved its $5 billion Australian IPO after poor demand and volatility, and will raise funds privately.
https://www.theinformation.com/articles/nvidia-invest-chip-rival-d-matrix-challengers-choose-partnership