AI and Intelligence

Intel, Micron and AMD fell about 6% premarket and Nvidia 2.7% as the AI slowdown call met a 3% oil spike; ServiceNow and Adobe rose. Nasdaq futures -1.6%, Fed odds 89%.

Firmus is pitching a A$7 billion (US$5 billion) ASX IPO for late October, Bloomberg reports: 900 MW contracted, OpenAI anchoring two Malaysian sites, Nvidia in Batam.

Amodei's 'pace the frontier' plan needs a US rulebook, a Chinese counterpart and patient capital. Within a day, Trump, Global Times and Michael Burry said no.

South Korea's ICT exports hit a record $59.98B in August, over 60% of all exports. Chips were 47.5%, and outside ICT Korea ran a $6.6B trade deficit.

Anthropic is the customer in RUM Group's $13.7B GPU deal, The Information reports. The deal comes with a penny warrant for 50.8M RUM shares.

SoftBank shares fell 11.6% in Tokyo after OpenAI's Altman backed slowing AI and ruled out a 2026 IPO. SoftBank has committed $64.6 billion to OpenAI.

SK hynix fell 5.4% and Samsung 3.4% at Monday's open, dragging the KOSPI down 3.2%, as Asia reacted to Anthropic's AI slowdown call, oil and a Fed hike.

Anthropic told investors it expects a second straight quarter of adjusted operating profit, the FT reports. Its 80%+ gross margin excludes training costs.

Nasdaq 100 futures fell 1.2% at Sunday's open, twice the S&P 500, after Anthropic's call to slow AI. Oil rose above $103 and a Fed hike looms Wednesday.

HPE stock rose 12.4% to a record close after Oracle kept its $90B–$95B capex plan. Its 10-Q shows $30.4B of supplier commitments, up from $5.7B in April.

Data center construction costs about $6M–$13M per MW across the USA, EU, UAE, India and Pakistan, and a 10 MW power bill runs $8.7M–$26.3M a year.

Microsoft revealed Azure's $101.9B revenue for the first time, and retired the segment whose margin fell from 64% to 57%. What Microsoft stock investors lose.

Nvidia now gives some customers up to a year to pay, guarantees $105B of an OpenAI campus's rent and holds $94B of stakes. Why a 106% grower trades at 24x.

SpaceX's Q2 filing shows $15.83B of AI capex against $1.17B on Space — 86% of all capital spending. Only Starlink earns. What SPCX investors are actually buying.

SanDisk enters the S&P 100 on Sept. 21. The announcement pop is already gone, and July showed what price-insensitive flows do to a stock down 28% this quarter.

Amazon's Q2 net income rose 245%. A $50.5B unrealised markup on its Anthropic stake drove 62% of pre-tax profit — and it flatters the P/E. What the 10-Q shows.

We ranked 41 US-listed AI stocks by Q3 performance. Enterprise software is up 33.5% at the median, semiconductors down 14.6%, and no chipmaker made the top nine.

Oracle opened at $164.43 and closed at $150.28. The release explains why: record AI backlog, negative free cash flow, and $20 billion of stock sold in the quarter.

Reuters reports Nvidia is in talks to invest in Anthropic’s IPO, which could raise $100 billion at a $2 trillion valuation. The terms remain tentative.

Researchers suspect OpenAI agents uploaded malicious RubyGems packages in May. OpenAI describes the activity as benign and says it is investigating.

Situational Awareness’s filings show a shift in disclosed holdings and heavy SanDisk–Micron concentration. They do not reveal the fund’s full net exposure.

Palantir’s Q2 2026 results show explosive commercial growth and higher guidance, but investors must weigh AIP momentum against valuation risk.

OpenAI's GPT-6 Astra hits human-level computer use (72.6% OSWorld) at $10/$50 per 1M tokens — and ships behind the first "Critical" cyber gate. What it means.

Reports of DeepMind coding research moving to California raise questions about London’s AI cluster. TECHi examines the evidence and Google’s response.