AI Stock Wire · Tue 10 Nov

AIAI-generated summary The regulator reviewing futures contracts tied to the cost of renting Nvidia chips has more time to decide on approval after an extension was agreed upon. The Financial Times reported that the Commodity Futures Trading Commission raised concerns about price manipulation regarding the proposed NYMEX contracts.

NVIDIA GPUs Compute Costs

AIAI-generated summary Yahoo Finance reports that OpenAI and Anthropic are now experiencing roughly equal quarter-over-quarter revenue growth. OpenAI reported ten billion dollars in revenue for the third quarter while Anthropic reported seventeen billion dollars.

OpenAI Anthropic Earnings

AIAI-generated summary Alibaba says it received permission from the Hong Kong Stock Exchange to proceed with a proposed spin-off of its data-center chip unit T-Head, which designs the Zhenwu V900 AI processor. The exchange waived a rule that normally grants a parent company shareholders an assured entitlement to shares in a spun-off business, and Alibaba has not finalized the offering size.

Alibaba AI Chips

AIAI-generated summary Taiwan Semiconductor Manufacturing said its board approved investing up to $500 million in Anthropic at its initial public offering price and up to $500 million in OpenAI preferred stock. The board meeting also approved about $40.93 billion in capital appropriations and raised the quarterly cash dividend to NT$9.0 a share.

OpenAI Anthropic NVIDIA Google Funding

AIAI-generated summary CoreWeave earnings have placed the debt-fueled artificial intelligence build-out under scrutiny as analysts question how the company will handle its obligations. According to its second-quarter earnings statement, CoreWeave owes roughly $15 billion in principal payments through 2028.

AI Data Centers Earnings