AI & Enterprise

How far will Nvidia reach into the AI ecosystem, from funding to chip sales

Nvidia is increasingly seen as extending its influence across the AI ecosystem beyond supplying chips, taking on roles as an investor and a financing conduit. A professor compared its position to a modern gold rush, saying it now both sells picks and owns stakes in mines while lending to prospectors. Nvidia is reported to have invested in major AI firms and is pursuing large-scale infrastructure funding with Wall Street partners, amid warnings of overdependence.

Crypto

SpaceX revenue jumps 92 percent but keeps bitcoin holdings unchanged as growth comes from elsewhere

SpaceX posted second-quarter revenue of $7.8 billion, nearly double a year earlier, helped by expanding Starlink satellite internet and computing infrastructure leasing deals with Anthropic and Google. About $2.0 billion of additional revenue came from its AI business, while Starlink revenue rose by $1.7 billion. The company recorded a quarterly net loss of $541 million, narrower than a year earlier. SpaceX said it still holds 18,712 bitcoins, unchanged.