By early Thursday morning, Huang was no longer CEO of the company he co-founded 33 years ago. Then, Thursday afternoon, Reuters dropped another bombshell, publishing a report alleging that Huang had yet another extramarital affair with another unnamed Nvidia employee. The U.S. and China are embroiled in a fierce technological arms race to build the most advanced AI infrastructure, which could shape each country’s economic future, military prowess, and capa
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The unfolding Jensen Huang scandal: a timeline
Sam Altman Now Has the Power to "Crash the Global Economy," Financial Analyst Warns

Illustration by Tag Hartman-Simkins / Futurism. Source: Kevin Dietsch / Getty Images The company behind ChatGPT, OpenAI, might be the world’s most valuable private company on paper — but in real life, it’s hemorrhaging money faster than it can ever hope to pay back, at least for now. According to Agence France-Presse, OpenAI is ordering hundreds of billions of dollars worth of AI semiconductor chips at a time when investor confidence is being stretched to
Bernie Sanders Calls for Breakup of OpenAI

Joe Maher/Getty Images For Fane Vermont Senator Bernie Sanders is publicly calling on the government to break up ChatGPT maker OpenAI. When Axios asked him whether the Sam Altman-led company should be broken up, he responded with “I do.” “We need to take a deep breath and understand it’s like a meteor coming,” he told the publication in an interview last week. “We’ve got to be prepared to deal with all of its complexity.” To be clear, the idea is a serious
Saudi Arabia moves to build its AI future with HUMAIN and NVIDIA
Don't Panic, But AI Stocks Are Suddenly Lurching Downward

Getty / Futurism Investors are increasingly becoming concerned that AI companies may be grossly overvalued — and could struggle to justify their enormous hype by successfully ratcheting up profits. So it’s naturally alarming that shares of AI industry stalwarts, including Oracle, Nvidia, AMD, and Amazon, fell sharply on Tuesday, following concerns over enormous valuations that have propped up the entire US economy for months now. AI chipmaker Nvidia’s shar
The Big Short Guy Just Bet $1 Billion That the AI Bubble Pops

Getty / Futurism Michael Burry, who famously shorted the US housing market before its collapse in 2008, has bet over $1 billion that the share prices of AI chipmaker Nvidia and software company Palantir will fall — making a similar play, in other words, on the prediction that the AI industry will collapse. According to the Securities and Exchange Commission filings, his fund, Scion Asset Management, bought $187.6 million in puts on Nvidia and $912 million
Choose Your Fighter: Nvidia CEO and Jim Cramer Offer Dueling Visions of AI’s Future
The release of a powerful open-source AI model from China has once again split the tech industry into two camps: the evangelists who believe good tech should be accessible and the protectionist hawks who believe anything foreign is a threat. It must simply kill Jim Cramer, host of CNBC’s Mad Money and a guy who has never once been deterred by being both loud and wrong, to find himself on the opposite side of Nvidia CEO Jensen Huang, given how much he loves
Nvidia's CEO Wants to Support Open AI Models So Bad, He Was Willing to Join the X Cesspool
Open-source AI models from China are once again causing a crisis in America, leading to accusations of stolen training data and threats of closing the border to foreign-origin tech. With tensions high, some tech executives are looking to broker peace before the Trump administration declares war on open-source on behalf of America’s precious closed-source models produced by labs like OpenAI and Anthropic. Nvidia CEO Jensen Huang went so far as to create an
Dell unveils Nvidia Blackwell-based AI acceleration platform - AI News
NVIDIA’s ScaleFold Slashes AlphaFold’s Training Time to 10 Hours | Synced

AlphaFold2 (AF2), crafted by DeepMind, stands as a beacon in the realm of artificial intelligence (AI), boasting the remarkable ability to predict the three-dimensional (3D) structures of proteins from amino acid sequences with unprecedented atomic-level precision. While lauded as a revolutionary advancement in protein folding, its training regimen has long been hampered by its laborious nature, failing to reap significant benefits from the scaling up of c
The Whole Financial World Is Terrified of Nvidia's Earnings Call

Chip Somodevilla/Getty Images The stock market has taken another beating this week, continuing a weeks-long tech selloff that ignited over fears of a growing AI bubble. The S&P 500 is down almost 3.5 percent over the last five days alone. The Dow Jones Industrial Average has slid more than a full percent on Tuesday alone. Looming over it all is AI chipmaker Nvidia’s Wednesday earnings call — results that could send ripples through rattled markets, for good
Oops! Nvidia's Stock Is Falling Again After Its "Blowout" Earnings Report

Illustration by Tag Hartman-Simkins / Futurism. Source: Yui Mok / Pool / AFP via Getty Images On Wednesday night, Nvidia released its highly anticipated-slashed-dreaded quarterly earnings report — and Wall Street let out a sigh of relief, at least initially. The multitrillion dollar chipmaker at the center of the AI boom reported a ludicrous $57 billion in quarterly revenue, netting it nearly $32 billion in profit. Compared to the same quarter from the yea
Top Economist Warns That AI Data Center Investments Are "Digital Lettuce" That's Already Starting to Wilt

Getty / Futurism AI chipmaker Nvidia beat Wall Street expectations this week, announcing soaring revenues while downplaying growing fears of an AI bubble. The company’s chips have been at the center of the ongoing AI boom, with AI companies’ valuations soaring to astronomical levels while their revenues continue to lag far behind. Despite plenty of shakiness in the market, investors still firmly believe that the trillions of dollars companies like OpenAI,
Nvidia CEO Says You're "Insane" If You Don't Use AI to Do Literally Everything

Illustration by Tag Hartman-Simkins / Futurism. Source: Ezra Acayan / Getty Images Don’t use AI to do literally everything? You might want to get your head checked, according to Nvidia CEO Jensen Huang. At least, that’s reportedly how Huang feels about any Luddite employees who are still writing code the old-fashioned way. Fortune reports that at an all-hands meeting last week, which took place right after the company reported its “blowout” third quarter r
Dario Amodei Says He's Not Against Open Models, He's Against Selling Chips to China
The American AI industry is split over open models. Those in the industry who say they are all for open AI development have started blaming frontier AI model providers, especially Anthropic, for pushing the Trump administration towards adopting a stricter stance favoring closed models. Now, Anthropic CEO Dario Amodei is claiming he is just misunderstood. The debate over open-source models was reopened earlier this month when Chinese AI lab Moonshot release
Will the budget China AI chip from Nvidia survive Huawei's growth?
Oracle plans $40B Nvidia chip deal for AI facility in Texas
Huawei Supernode 384 disrupts Nvidia's AI market hold
SpaceX Stock Drops After First Earnings Call as Musk Fails to Woo Investors With AI Goals
Elon Musk’s SpaceX spent an eye-watering $18.4 billion in its first quarter as a publicly traded company and warned investors to expect similarly high spending in the next two financial quarters, sending the stock price down more than 8% in late trading on Tuesday evening. A whopping $15.8 billion of that spending was to power its artificial intelligence efforts, a division that ended the quarter with a $1.3 billion net operating loss. The figure comes fro