“Clearly for Nvidia, as this stuff gets built out, they want it built out on their technology,” Bernstein analyst Stacy Rasgon said. “Once you get entrenched, it’s much more difficult for competitors to come in and take it away.”The strategy, according to Huang, is to support the broader AI ecosystem. So far, Nvidia has been the largest recipient of the massive surge in spending on AI infrastructure. For that to continue, analysts say, it needs AI adoption to take off in the broader economy, buoyed by a sle ...

Group 1: Microsoft and OpenAI Partnership - Microsoft has acquired approximately 27% of OpenAI's for-profit business, valued at around $135 billion, marking a significant evolution in their partnership [1] - OpenAI is committed to procuring $250 billion in Azure cloud services, with a stipulation that API-based products must run exclusively on Azure [2] - This partnership grants Microsoft intellectual property rights to OpenAI's innovations until the realization of Artificial General Intelligence (AGI), securing a near-term monopoly over the commercial AI layer [3] Group 2: Nebius Group's Positioning - Nebius Group is positioned to benefit significantly from the partnership by supplying critical GPU resources for Azure, enhancing its compute utilization [4] - The company has a five-year agreement with Microsoft worth $17.4 billion for AI infrastructure, which could expand to $19.4 billion with increased demand [5] - Nebius's revenue stream is expected to grow as OpenAI's tools scale globally, supported by Microsoft's investment in AI supercomputing [6] Group 3: Financial Performance and Market Potential - Nebius has reported doubled revenues and positive EBITDA in its core AI business, indicating strong operational momentum [7] - The partnership positions Nebius to capitalize on a projected 45% CAGR growth in the neocloud market through 2030, making it a critical player in the AI ecosystem [7] - Nebius focuses on providing the necessary GPU infrastructure for AI innovation, meeting the rising demand for cloud-based AI services [8]

Yesterday we did a livestream. TL;DR:We have set internal goals of having an automated AI research intern by September of 2026 running on hundreds of thousands of GPUs, and a true automated AI researcher by March of 2028. We may totally fail at this goal, but given the extraordinary potential impacts we think it is in the public interest to be transparent about this.We have a safety strategy that relies on 5 layers: Value alignment, Goal alignment, Reliability, Adversarial robustness, and System safety. Cha ...

Here it is above $5 trillion for that market cap for Nvidia. Just yesterday, we were talking about Microsoft and Apple being above 4 trillion. Um, and Nvidia says, "Hold my beer." And here we are at 5 trillion for that stock.Take a look at the price action here today. That was the market cap. Whoops.Here's uh I'll get there. I'll get there eventually, folks. Um, take a look at the price action.Nvidia shares are up 5.4% today. Couple of things that are contributing to this latest push higher. First of all, w ...

Group 1: Generative AI Developments - Nvidia showcased the Vera Rubin superchip at the GTC Washington conference, featuring an 88-core Vera CPU and two Rubin GPUs, expected to be mass-produced in Q3 or Q4 of 2026 [1] - Following the announcement, Nvidia's stock price surged by 4.98%, increasing its market capitalization by over $230 billion to reach $4.89 trillion, making it the first company to approach a $5 trillion valuation [1] - Key highlights from the conference included NVQLink quantum interconnect technology, collaboration with the U.S. Department of Energy to build seven new supercomputers, and a partnership with Uber to deploy approximately 100,000 autonomous vehicles [1] Group 2: AI Voice Synthesis and Interaction - Soul App AI team launched the open-source podcast voice synthesis model SoulX-Podcast, supporting multiple dialects and capable of generating over 60 minutes of multi-turn dialogue [2] - The model features zero-shot cloning capabilities for multi-turn conversations, allowing for dialect-specific voice generation using only standard Mandarin reference audio [2] - The model is based on Qwen3-1.7B and employs LLM + Flow Matching for voice generation, achieving optimal results in voice intelligibility and tonal similarity in podcast scenarios [2] Group 3: Adobe's AI Innovations - Adobe introduced Firefly Image 5 at the MAX conference, capable of generating photo-realistic images at a native resolution of 4MP without requiring upgrades [3] - The Adobe CC 2026 suite was officially released for Windows, including updates to Photoshop 2026 and Illustrator 2026 [3] - The new version allows for image editing through simple prompts, enabling precise modifications while maintaining the integrity of other pixels, with a focus on commercial safety [3] Group 4: Interactive AI Podcasting - Tencent's Mix Yuan launched the first interactive AI podcast in China, allowing listeners to interrupt hosts and guests with questions via voice or text during the show [4] - The system utilizes large model intent recognition and multi-turn dialogue capabilities to provide accurate answers based on context and background information, transforming the traditional one-way podcast format [4] - The AI podcast supports three modes: default, deep exploration, and speculative discussion, offering eight different voice tones and accommodating both solo and dual-host formats [4] Group 5: PayPal and OpenAI Collaboration - PayPal announced a partnership with OpenAI to integrate ChatGPT into its digital wallet, enabling users to complete shopping payments directly through the chatbot [5] - Starting next year, consumers and merchants within the PayPal ecosystem will have access to ChatGPT, allowing for product purchases and inventory listings on the platform [5] - Following the announcement, PayPal's stock surged over 15% in pre-market trading, and the company raised its full-year earnings forecast while declaring its first dividend in 27 years [6] Group 6: Adoption of Chinese AI Models - American AI programming product Windsurf was found to be utilizing a new model from China's Zhipu GLM, with Cerebras also offering GLM-4.6 inference services [7] - Several U.S. AI companies are opting for Chinese large models due to their cost-effectiveness, as OpenAI and Anthropic models are perceived as too expensive despite their quality [7] - Platforms like Together AI and Vercel have also deployed GLM-4.6 and other domestic models, indicating a rising value of "Made in China" large models [7] Group 7: Home Robotics - 1X Technologies launched the world's first humanoid household robot, NEO, available for an early bird price of $20,000 or a monthly rental of $500, with shipments expected in 2026 [8] - NEO, standing 168 cm tall and weighing 30 kg, is equipped with the Redwood AI system to perform household tasks such as vacuuming, dishwashing, and pet feeding, with a battery life of four hours and a maximum load of 68 kg [8] - A Wall Street Journal reporter noted that current operations are controlled remotely by experts via VR, with a promise from 1X that NEO will be able to autonomously handle most household tasks by 2026 [8] Group 8: Advancements in Robotics Learning - Hugging Face released LeRobot v0.4.0, introducing support for scalable Datasets v3.0 for ultra-large datasets and new dataset editing tools [9] - The new version integrates cutting-edge VLA models like PI0.5 and GR00T N1.5, and adds support for LIBERO and Meta-World simulation environments, simplifying multi-GPU training [9] - A new plugin system was launched to streamline hardware integration, allowing users to connect any robotic device with a simple pip install command, alongside the release of Hugging Face's robotics learning courses [9] Group 9: AGI Assessment and Future Directions - Turing Award winner Yoshua Bengio and others proposed a new definition of AGI as AI that matches or exceeds the cognitive diversity and proficiency of well-educated adults [10] - A framework based on the Cattell-Horn-Carroll theory was developed to evaluate general intelligence across ten core cognitive domains, including general knowledge, literacy, and mathematical ability [10] - Assessment results indicated that GPT-4 scored only 27% on the AGI scale, while GPT-5 achieved a score of 57%, highlighting significant gaps in essential cognitive abilities for human-like general intelligence [10] Group 10: OpenAI's Strategic Roadmap - OpenAI restructured to become a public benefit corporation, with the non-profit board OpenAI Foundation holding 26% of shares valued at approximately $130 billion, and Microsoft as the largest shareholder with about 27% [11] - CEO Sam Altman revealed that the company anticipates cash expenditures exceeding $115 billion by 2029, with a projected financial responsibility of $1.4 trillion to build 30 GW of infrastructure, with an IPO being the most likely direction [11] - Chief Scientist Ilya Sutskever announced goals to develop an AI research assistant capable of significantly accelerating research by September 2026 and to achieve fully automated AI researchers by March 2028 [11]

PayPal said Tuesday (Oct. 28) that it accelerated the time-to-market of its artificial intelligence solutions by five times after implementing Nvidia Nemotron open models and Nvidia NIM inference microservices.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYM ...

Group 1: Nvidia - Nvidia has reached a market valuation of $5 trillion, becoming the first company to achieve this milestone [3][102]. - The stock price of Nvidia increased by 5.4% following positive developments, including CEO Jensen Huang's remarks at the GTC conference regarding data center revenue expectations exceeding analyst forecasts [4][5]. - The broader semiconductor sector is experiencing gains, with companies like Broadcom, TSM, and AMD benefiting from Nvidia's performance, although Intel and Texas Instruments are exceptions [6][7]. Group 2: Boeing - Boeing reported third-quarter revenue and free cash flow that exceeded estimates, but faced a nearly $5 billion write-down due to delays in the 777X program [9][12]. - Despite the write-down, analysts believe Boeing's overall outlook remains positive, with improvements across all segments and positive free cash flow [15][12]. - The company has a significant backlog of 600 planes for the 777X program, indicating strong future demand despite current challenges [12][19]. Group 3: CVS Health - CVS Health reported record revenue for the third quarter and raised its full-year earnings outlook, despite a one-time charge of $5.7 billion related to its healthcare delivery unit [26][27]. - The company is facing challenges in its primary care segment, particularly with Oak Street, due to difficulties in patient reimbursement and a shift in focus back to its core pharmacy business [30][32]. - CVS's medical loss ratio for the quarter was 92.8%, which, while better than expected, remains higher than competitors like United Health [33][34]. Group 4: Tokenization and Securitize - Securitize is set to go public through a SPAC deal valued at $1.25 billion, marking a significant milestone in the tokenization space [43]. - Tokenization is described as a method to modernize capital market transactions by using blockchain technology to improve efficiency and democratize access to assets [45][47]. - The CEO of Securitize emphasized that tokenization represents the actual ownership of assets, providing benefits such as immediate dividend payments and direct voting rights for shareholders [48][50]. Group 5: Market Trends and Analyst Calls - Analysts have raised price targets for Nvidia, with UBS setting a target of $235 and Melius at $300, reflecting optimism about the company's future orders [63][64]. - Apple also saw its price target raised to $320 by Bank of America, driven by expectations of new product introductions and AI's impact on revenue [64]. - Victoria's Secret received an upgrade from UBS, citing management's ability to reposition the brand and potential earnings growth [66].

Microsoft Corporation (NASDAQ:MSFT) is one of the AI Stocks Analysts are Tracking Closely. On October 28, Mizuho reiterated its “Outperform” rating on the stock with a $640 price target. The firm calls the recent OpenAI agreement a win-win for both Microsoft and the ChatGPT maker. The new agreement between the two companies will allow OpenAI to go ahead with its plans to transform into a for-profit public benefit corporation.  Microsoft will hold 27% of the OpenAI Group PBC, valued at an estimated $135 bi ...

Meta Platforms, Inc. (NASDAQ:META) is one of the AI Stocks Analysts are Tracking Closely. On October 27, DA Davidson reiterated its Buy rating on the stock and maintained its price target of $825.00. The firm is confident in Meta’s momentum despite macro and competitive factors. According to the firm, Meta will likely continue to outgrow Google’s advertising revenue. However, its growth may decelerate due to tougher comparisons, including election-related spending. While the firm doesn’t anticipate signi ...

Key Points Nvidia just became the first company in history to reach a $5 trillion market cap. Recent gains have been powered by trade developments and a new supercomputer partnership with Oracle. Nvidia's leadership in GPUs for AI have made it one of the biggest success stories in market history. 10 stocks we like better than Nvidia › Nvidia (NASDAQ: NVDA) just become the first company in history to reach a $5 trillion market capitalization. News that the artificial intelligence (AI) hardware lead ...