NYT: White House Approves $9 Billion for Spy Agencies to Catch Up on AI
The $9 billion request is intended in part to boost the availability of infrastructure that can support Nvidia’s Grace Blackwell superchip
Nearly half of Alphabet’s record $62.6 billion profit—about $28.7 billion—”did not come from search ads, cloud services or any of its products at all. It came from Alphabet updating the value of the equity it owns in private companies, primarily Anthropic"
@jzrdan Per Grok: The "purchase (buy)" in the original post is an error. In reality, Director Mark A. Stevens sold (S) 221,682 shares on March 20 through Third Millennium Trust (joint trustee with his wife).
@jzrdan Incorrect. He sold. Mark A. Stevens sold $38.5 million in shares of the AI chipmaker, according to a Tuesday SEC (Securities and Exchange Commission) filing. Stevens offloaded 221,682 shares in multiple transactions.
@aceoptiontrades What part of "NVIDIA intends to invest up to $100 billion in OpenAI progressively as each gigawatt is deployed" don't you understand?
The original press release:
OpenAI And NVIDIA Announce Strategic Partnership To Deploy 10 Gigawatts Of NVIDIA Systems
September 22, 2025