The reports made one thing clear: Big Tech’s big AI bet is already paying off — which explains why they can’t help but double down.
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A pact announced Thursday calls for Uber to invest $300 million in Lucid and buy at least 20,000 robotaxis from the company over six years.
Nvidia says the only way for the US to stay ahead of China in the Great AI Race is to keep selling AI-powering chips to China.
In the past month, Nvidia shares have surged 18.8%, more than the rest of the Magnificent Seven, including Microsoft.
“I don’t think we can think of this as business as usual.”
Broadcom joined the trillion-dollar club late last year, and its market cap has only continued to climb since.
The goal of Nvidia’s tech is to help give autonomous systems more reliable memory, hazard detection and depth perception.
The Mag 7 companies have been weighed down by an unholy economic trinity: tariffs, AI disruption, and antitrust.
“This is bigger than one company. This is bigger than one government.”
How much trade chaos can enterprises weather?
After serving as the driving force for a blistering market rise, the so-called Magnificent Seven have taken an epic stumble in 2025.
CEO Jensen Huang is said to have traveled to Beijing, where the Financial Times reported he met with DeepSeek’s founder.
“Putting ‘safe’ next to ‘superintelligence’ is kind of an oxymoron.”
Altera specializes in a type of semiconductor that’s used in a variety of industries including telecom, defense, and robotics.
Traders betting against SPY, an exchange traded fund that tracks S&P 500 stocks, racked up more than $6 billion in profits this month.
“It’ll be a breakthrough for humanity, much like the advent of the computer itself.”