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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 22, 2026 / Dave DeCamp
US Boat Strike Kills Two, Leaves Six ‘Survivors’
US Southern Command said on Sunday night that its forces bombed another alleged drug-running boat in the Eastern Pacific Ocean as the Trump administration continues to carry out extra-judicial executions at sea. SOUTHCOM said the strike killed at least two people and left six survivors, though many survivors of the initial boat strike have drowned […]
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Apr 5, 2026 / Tyler Durden
The Reflexive Rally Was Not Surprising
The Reflexive Rally Was Not Surprising Authored by Lance Roberts via RealInvestmentAdvice.com, The market rallied on Tuesday and Wednesday, with Tuesday’s rally one of the best trading days since 2022. However, that should also be unsurprising, since the best trading days tend to cluster with the worst market periods. As we noted in Stock Market Breadth on Monday: “The single most damaging decision most investors make during periods of falling stock market breadth is selling. The data on this is unambiguous. Seven of the market’s 10 best days in any given 20-year period occur within...
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Aug 3, 2026 / Tyler Durden
Texas Approves AI Data Center Co-Location Next To Wind Farm, With Curtailment Caveats
Texas Approves AI Data Center Co-Location Next To Wind Farm, With Curtailment Caveats By Marlene Wilden of UtilityDive The Public Utility Commission of Texas last week approved a net metering arrangement for a 260-MW AI data center co-located with a wind farm of approximately the same capacity in a case that could serve as a template for other co-located loads in the Lone Star State. The data center is the second one planned for the site, and the developer had argued it should not be subject to the same curtailment requirements as...
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