OpenAI sparked Hugging Face bids with early investment offer ahead of Nvidia’s $13 billion deal
Hugging Face saw a flurry of deal interest before Nvidia agreed to buy the open-source platform for roughly $13 billion, CNBC has learned.
Anthropic launches cheaper AI model, its second release since CEO’s call for a slowdown
The company said Sonnet 5.5 doesn’t advance the frontier, but that it is better at coding and knowledge work tasks than its predecessor.
Senate advances college sports bill aimed at regulating NIL deals
The Senate voted Monday on the bill, which would create a national framework for name, image and likeness deals in college athletics.
‘Take or pay’: AI companies are taking a risky page from the energy sector’s playbook
Borrowed from the energy sector, take-or-pay contracts have a firm start date and make customers pay for products regardless of whether they use them.
Trump announces plan for $15 billion steel plant, would be largest in U.S. history
Trump’s announcement with Mesabi Metallics comes as Americans’ souring views of the economy are poised to shape the upcoming midterm election.
Muse AI agent led Meta Platforms into the Best Stocks in the Market list. What Josh Brown thinks
Meta made it into Josh Brown’s list after last week’s surge.
Jensen Huang says AI distillation is ‘competition.’ Scott Bessent has called it ‘theft’
Nvidia CEO Jensen Huang argued that AI model distillation is “competition”. U.S. Treasury Secretary Scott Bessent has called it “theft.”
Homebuilders just surged on a new UK government scheme. Analysts name the stocks that could benefit most
The U.K. government has delivered a “welcome fillip for an industry which has been in the doldrums for much of the last five years,” one analyst said.
Agentic AI will drive Micron to new heights, says Baird
The firm reiterated its outperform rating on the memory chipmaker and raised its price target on the stock.
Gold and silver prices fall sharply as higher bond yields weigh on metals
Gold and silver prices fell sharply on Monday as rising bond yields tempered investor appetite for non-yielding precious metals.
