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Nvidia Favors $30 Billion OpenAI Investment, Retreating From Prior $100 Billion Commitment

Nvidia Favors $30 Billion OpenAI Investment, Retreating From Prior $100 Billion Commitment Update (Friday):  Bloomberg reported earlier this week that OpenAI is nearing completion of a new funding round that could raise more than $100 billion. Separately, the Financial Times reported on Thursday that Nvidia is close to finalizing an investment of about $30 billion in OpenAI, a significantly smaller amount than the $100 billion commitment agreed upon last year. FT cited people familiar with the funding round who said the "final stages" have begun and that Nvidia's $30 billion equity...
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Jun 13, 2026 / Tyler Durden
Watch: Humanoid Warbot Live-Fires Mortars At Vegas Test Range
Watch: Humanoid Warbot Live-Fires Mortars At Vegas Test Range It is not just one-way attack drones (read JPMorgan report) operating on AI-enabled kill chains that human soldiers have to worry about on the modern battlefield. We have been laying out this story and were among the first to point out that humanoid robots are not only entering factory floors and warehouses, but are also moving toward the battlefield. San Francisco-based robotics company Foundation Future Industries is developing a "dual-use" humanoid robot called the "Phantom MK1," designed for heavy manufacturing, logistics,...
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May 20, 2026 / Tyler Durden
Obamacare Enrollment Expected To Drop By Nearly Five Million As Costs Surge
Obamacare Enrollment Expected To Drop By Nearly Five Million As Costs Surge Via American Greatness, Enrollment in the Affordable Care Act marketplace is projected to fall by nearly 5 million people this year as rising premiums and higher deductibles force many Americans to reconsider whether they can still afford health insurance coverage, according to a new analysis from healthcare nonprofit KFF. The report estimates ACA enrollment could decline from 22.3 million participants in 2025 to roughly 17.5 million this year, representing a drop of more than 20 percent. At the same time, Americans who remain enrolled are paying substantially more...
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Aug 18, 2026 / Tyler Durden
US Pending Home Sales Plunge Back Near Record Lows In July
US Pending Home Sales Plunge Back Near Record Lows In July Following another disappointment in existing home sales in July, weak homebuilder sentiment, and plunging housing starts, pending home sales tumbled for the second month in a row in July (-2.3% MoM vs 0.0% exp - below thew worst forecast), dragging sales down 2.5% YoY - the biggest annual drop since April 2025... This decline matches the second-worst reading in data back to 2001... “The highest mortgage rates of the year hit right in the middle of summer, and that’s pulling back contract...
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