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AI & Enterprise

Nvidia to invest an additional $18 billion this year in AI models and infrastructure

Nvidia plans to deploy $18 billion in equity investments over the remainder of its fiscal year, stepping up commitments focused on AI model developers, infrastructure financing firms and other private companies. It disclosed the commitments in its earnings report. As of late July, its holdings tied to private companies rose to $47.9 billion from $22.3 billion at the prior fiscal year-end. The company has also invested in power and land for data centers and joined efforts to raise more than $500 billion for AI infrastructure.

Industry

Nvidia Q2 net profit $59.7 billion, up 126 percent year on year

Nvidia posted fiscal 2027 second-quarter revenue of $96.2 billion and net profit of $59.7 billion, beating market expectations. Revenue rose 106 percent and net profit gained 126 percent from a year earlier, while gross margin increased to 75 percent. Data center revenue climbed to $89.0 billion, above a Bloomberg-compiled estimate. Nvidia forecast next-quarter revenue of $108.0 billion, plus or minus 2 percent, and said the outlook excludes China data center computing revenue.

AI & Enterprise

Nvidia begins mass production of Groq 3 LPX for AI agents

Nvidia has shifted its Groq 3 LPX inference accelerator for AI agents into mass production. The chip extends Nvidia\'s Vera Rubin data center platform and targets high-speed token generation to reduce decode latency in agent workflows. In an Artificial Analysis benchmark, it produced 3,400 tokens per second running the open-source Gemma 4 31B model with a 100,000-token context window. Nebius Group is among early adopters, and SpaceX was named a new flagship customer.