Mani 🇮🇳

Pre-1947, my great grandfather infront of his ancestral house in present day Whitefield #Bangalore #whitefieldrising

"Jensen Huang Said to Have Had Relationship With Nvidia Executive Who Reports to Him
Mr. Huang, Nvidia’s chief executive, is already facing scrutiny over an affair with a Chinese businesswoman who U.S. intelligence determined was a Chinese spy." .. via NYTimes

a couple of interesting charts related to the Anthropic IPO .. disclaimer, I am not an quant or finance guy, just churned this out using gemini 😅 ..

SoftBank Group has reversed course on a significant bet aimed at securing power generation equipment for artificial intelligence infrastructure, reporting a $3.7 billion hit to earnings primarily due to canceled reservations on power generation equipment.

According to reporting by Eliot Brown and Anissa Gardizy, SoftBank Chief Executive Masayoshi Son placed reservations for a large portion of the U.S. market for gas power-plant turbines amid the AI boom, securing well in excess of 13 gigawatts of turbine capacity—an amount equivalent to over six Hoover Dams. After allocating equipment for what would be the world's largest gas power plant, the firm was left with surplus reservations exceeding its operational requirements.

The development coincides with broader aggressive investments by SoftBank, including $65 billion deployed into OpenAI alongside launches of a data center business and a robotics unit.

#ArtificialIntelligence #SoftBank #Energy #TechInvestments

Nvidia's board has launched an investigation into whether Chief Executive Jensen Huang was the target of a foreign intelligence effort, following reporting on his relationship with Alice Huang, a former executive at Singapore data-center firm Megaspeed.

According to the report, U.S. authorities opened an inquiry into whether Megaspeed was illegally diverting Nvidia AI chips to China. Concurrently, authorities in Taiwan and Singapore have been probing Alice Huang's suspected ties to China, amid U.S. government conclusions that she was likely sending information to Chinese intelligence.

The revelations stem from events starting around a June 2024 trade show in Taipei and have raised scrutiny over the company's influence and leadership.

Source: The Wall Street Journal

#Nvidia #NationalSecurity #Semiconductors #AI