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Nvidia’s not investing $100 billion in OpenAI because the chip designer doesn’t want to pay the OpenAI valuation tax - Sherwood News
The upshot of the WSJ report on Nvidia’s relationship with OpenAI is that the former wants you to know they’re not going to be dependent on the latter.
Oracle to Raise Up to $50 Billion in 2026 for Cloud Buildup - Bloomberg.com
Oracle Corp. plans to raise $45 billion to $50 billion this year through a combination of debt and equity sales to build additional cloud infrastructure capacity, reflecting the scale of financing needed to feed AI’s growth.
Disney is Close to Picking Parks Chief D’Amaro as Next CEO - Bloomberg
The board of Walt Disney Co. is aligning on promoting theme-park division chairman Josh D’Amaro to the role of chief executive officer and will vote on naming a new leader in the coming week, according to people familiar with the matter.
South Korea stocks fall more than 4%, triggering temporary halt in trading - CNBC
Asia-Pacific markets saw a mixed trading session as investors assessed China’s factory activity for January.
Stock futures fall after silver, bitcoin sell off; questions loom over AI trade: Live updates - CNBC
More than 100 S&P 500 companies are due to report this week, including Amazon, Alphabet and Disney.
U.S. stock futures fall after bitcoin’s weekend drop, as gold and silver’s sell-off may be bleeding into other markets - MarketWatch
Crude prices plunge 4% amid U.S.-Iran tensions