Brought to you by:
Top stories today:
- NVIDIA plans to invest up to $100B in OpenAI
- Strive to acquire Semler in $1.3B all-stock deal
- TikTok deal wonāt include U.S. golden share or equity: White House
- Until Labs raises $58M to develop reversible cryopreservation
- Alibaba unveils Qwen3-Omni, open-weight multilingual AI model
0. Data and calendar
All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).
All times are ET.
Listen to our AI-generated podcast summarizing todayās newsletter (beware of hallucinations):
1. NVIDIA plans to invest up to $100B in OpenAI as part of data center push
NVIDIA stock closed +4% on Mon.:
OpenAI plans to deploy NVIDIA systems that require 10 gigawatts of power, the companies said.
The 10 gigawatts is equal to 4-5M GPUs, matching this yearās shipments and ātwice as much as last year,ā CEO Jensen Huang said.
NVIDIAās 1st investment of $10B will be deployed when the 1st gigawatt is completed.
2H 2026: the 1st phase of the latest investment will come online using NVIDIAās Vera Rubin systems.
At then-current valuations, investments will reportedly be made.
NVIDIA would be a āpreferredā supplier for OpenAI for chips and networking gear.
āWe need the smartest people,ā Huang and Sam Altman said while reacting to Trumpās H-1B visa fee.
Fraudsters arenāt operating aloneātheyāre using AI, automation, and stolen credentials. Yet many fraud teams are still relying on siloed systems and rule-based tools that only catch a fraction of whatās happening. In Plaidās new whitepaper with Javelin, youāll get expert insights into:
Combining identity, device, behavior, and transaction data to detect threats in real time
Using shared intelligence to see the full picture of an attack
Reducing fraud and friction, without compromising either
Learn how top teams are shifting from fragmented defenses to connected, real-time strategies.
Download the report now.
*Sponsored.
3. Strive to acquire Semler in $1.3B all-stock deal to expand Bitcoin holdings
Semler stock closed +10% on Mon.:
The combined firm would hold 10.9K BTC, with future buys funded via āpreferred equity only.ā
-5% in Strive stock on Mon.
2022: Vivek Ramaswamy co-founded Strive.
4. TikTok deal wonāt include U.S. golden share or equity: White House
