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1. OpenAI's Annualized Revenue Nears $50B, Below the Reported $70B; Nasdaq Falls 1.25%

   

   …billion below the $70 billion reported late last month; the Nasdaq fell 1.25% that day, its worst day since mi…

   Stories·Oct 9

2. Microsoft × NVIDIA Start Selling Surface Laptop Ultra: Runs 120B Models Locally, Top Config ~$7,000

   

   Microsoft × NVIDIA officially started selling the Surface Laptop Ultra at their Oct 7 (ET) San Francisco event…

   Stories·Oct 8

3. Sequoia Leads $60M Series B for Robot-Data Startup Mecka AI

   

   …equoia with Nvidia and Microsoft's M12 participating, at a previously reported ~$500 million valuation; Mecka …

   Flash·Oct 8

4. Nvidia-Backed Reflection Debuts Beam, Its First Open-Weight Frontier Model: 501B Params, 23B Active

   

   …ence compute; scores are self-reported and weights open later in October.

   Stories·Oct 6

5. White House Announces $2.4B in AI-for-Science Tool and Compute Credit Pledges From 11 Companies

   

   …; federal science budgets are reportedly being cut. Why it matters: The $2.4 billion from 11 companies comes a…

   Stories·Oct 9

6. Lambda Seeks $4B in Final Pre-IPO Round at $14.5B Valuation: $35B of Its $50B Backlog Is One Customer

   

   WSJ first reported Oct 6 (Reuters/TechCrunch followed): Nvidia-backed AI compute cloud Lambda is raising up to…

   Stories·Oct 7

7. Nvidia in Talks to Deepen Investment in Reflection AI or Acquire It

   

   …quire it, the Financial Times reported on Oct. 10, according to Reuters. People with direct knowledge said the…

   Flash·Oct 11

8. Nvidia-Backed Firmus Withdraws $31B IPO That Would Have Been Australia's Biggest in Nearly 30 Years

   

   … in for late October. Reuters reported that investment banks had already shut the bookbuilding process as inst…

   Flash·Oct 9

9. Nvidia-Backed Upscale AI Launches Token Fabric for Cross-Vendor AI Chip Networking

   

   …ystems. What happened Reuters reported that Token Fabric is a hardware-plus-software data-center networking pl…

   Flash·Oct 9

10. Broadcom Arranges $50B+ Financing for OpenAI Custom Chips; Oracle and SpaceX Also Seek Chip Debt

    

    The Wall Street Journal reported on October 8 that AI infrastructure financing is surging onto Wall Street: Br…

    Flash·Oct 8

11. Nvidia-Backed Firmus Said to Cut $5B Australian IPO Pricing as Investors Balk

    

    Reuters reported on October 8 that Firmus, the Nvidia-backed Australian AI data-center operator, is weighing a…

    Flash·Oct 8