OpenAI has finalized a $110 billion funding round backed by Amazon, NVIDIA, and SoftBank, valuing the company at $730 billion pre-money. But $35 billion of Amazon's commitment hinges on an IPO or AGI milestone.
Nvidia posted record Q4 revenue of $68.1 billion, beat EPS by 6%, guided Q1 to $78 billion above all estimates, and the stock still fell 4.33% the next day. The AI trade has entered a new phase where beating expectations is no longer enough.
AMD invests $250 million in Nutanix to co-develop an open enterprise AI platform using Instinct GPUs, EPYC CPUs, and ROCm - directly challenging Nvidia's CUDA lock-in.
LM Studio 0.4.5 introduces LM Link, built on Tailscale's tsnet library, letting users access local AI models on remote hardware through end-to-end encrypted connections with zero port forwarding.
Amazon, Google, Meta, Microsoft, xAI, Oracle, and OpenAI will meet at the White House on March 4 to sign a voluntary pledge to build, bring, or buy their own electricity supply for AI data centers - but the agreement has no enforcement mechanism.
Nvidia reported Q4 FY2026 revenue of $68.1 billion - beating Wall Street estimates by nearly $2 billion - and guided Q1 to $78 billion, sending shares above $200 for the first time.
