Laser1987 Spirit Airlines ( FLYYQ ) is bringing back all of its furloughed pilots in an effort to “strengthen the foundation” of the carrier’s post-bankruptcy future and “meet the evolving needs of the business.” Shares of Spirit Aviation Holdings ( FLYYQ ), the parent company of the airline, rallied more than 30% on Monday. The beleaguered carrier, which entered bankruptcy twice in 2025, confirme...
Laser1987 Spirit Airlines ( FLYYQ ) is bringing back all of its furloughed pilots in an effort to “strengthen the foundation” of the carrier’s post-bankruptcy future and “meet the evolving needs of the business.” Shares of Spirit Aviation Holdings ( FLYYQ ), the parent company of the airline, rallied more than 30% on Monday. The beleaguered carrier, which entered bankruptcy twice in 2025, confirmed to CNBC that it sent notices to ~500 involuntarily furloughed pilots to return to work. The pilots were furloughed between September 2024 and November 2025 to achieve $100M in labor cost reductions. Another round of pilot furloughs scheduled for January 2026 was canceled due to a high attrition rate. Last year’s furloughs—which included flight attendants—were an attempt to right-size staffing with the ability to operate flights while in bankruptcy. But as most of the pilots left for other carriers, Spirit ( FLYYQ ) found that it had a depleted staff and was forced to further adjust its flight schedule. In December 2025, Spirit pilots approved a restructuring deal that temporarily reduced pay and retirement contributions. In return, the agreement limited the airline’s ability to seek further bankruptcy relief and gave pilots a $278 million unsecured claim tied to Spirit’s ( FLYYQ ) recovery. “Pilot attrition has been higher than forecast, making precise alignment between staffing and the reduced schedule more challenging,” the airline told employees in a memo last week cited by CNBC. “While these recalls won’t arrive in time to support the spring break—Easter period, they strengthen the foundation of our post-bankruptcy future.” The company also sent notices to bring its furloughed flight attendants back to work to “ease some of the operational issues since the furlough,” the union representing Spirit flight attendants said in a message to members. More on Spirit Aviation Holdings, Inc. Spirit Airlines reaches deal to emerge from bankruptcy—Wall Street Journal Winter storm...
Amazon’s ecommerce business has summoned a large group of engineers to a meeting on Tuesday for a “deep dive” into a spate of outages, including incidents tied to the use of AI coding tools. The online retail giant said there had been a “trend of incidents” in recent months, characterized by a “high blast radius” and “Gen-AI assisted changes” among other factors, according to a briefing note for t...
Amazon’s ecommerce business has summoned a large group of engineers to a meeting on Tuesday for a “deep dive” into a spate of outages, including incidents tied to the use of AI coding tools. The online retail giant said there had been a “trend of incidents” in recent months, characterized by a “high blast radius” and “Gen-AI assisted changes” among other factors, according to a briefing note for the meeting seen by the FT. Under “contributing factors” the note included “novel GenAI usage for which best practices and safeguards are not yet fully established.” Read full article Comments
IBM ( IBM ) and Lam Research ( LRCX ) announced on Tuesday a collaboration aimed at developing new processes and materials to support sub-1 nm logic scaling. The companies said that the new agreement will focus on the joint development of novel materials, fabrication processes, and High NA EUV lithography processes to advance IBM's logic scaling roadmap. IBM and Lam have collaborated for more than...
IBM ( IBM ) and Lam Research ( LRCX ) announced on Tuesday a collaboration aimed at developing new processes and materials to support sub-1 nm logic scaling. The companies said that the new agreement will focus on the joint development of novel materials, fabrication processes, and High NA EUV lithography processes to advance IBM's logic scaling roadmap. IBM and Lam have collaborated for more than a decade to advance logic fabrication, notably enabling early generations of 7 nm, nanosheet, and EUV process technologies. Under this new five-year agreement, the companies intend to extend logic scaling to the sub-1 nm node. The work will focus on developing new materials, advanced etch and deposition capabilities for increasingly complex device architectures, and new High NA EUV lithography processes to enable next-generation interconnect and device patterning and accelerate industry adoption. "Using IBM's advanced research capabilities at the NY Creates Albany NanoTech Complex and Lam's end-to-end process tools and innovations, including Aether dry resist technology, Kiyo and Akara etch platforms, Striker and ALTUS Halo deposition systems, and advanced packaging technologies, the teams will build and validate full process flows for nanosheet and nanostack devices and backside power delivery. Together, these capabilities are aimed at allowing High‑NA EUV patterns to be reliably transferred into real device layers with high yield and enabling continued scaling, improved performance, and viable paths to production for future logic devices," said the company. IBM -0.00% premarket to $253.32. Source: Press Release More on IBM, Lam Research International Business Machines Corporation (IBM) Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript If IBM Can Drop 13% In A Day, What Does This Say About These Market Conditions? Lam Research Corporation (LRCX) Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript Insider Trades...
JHVEPhoto/iStock Editorial via Getty Images Marvell: Debunking Undue Fears What a week we have had! Is the market volatility due to the war in Iran threatening to scupper the current advance in the semiconductor stocks, while also throwing the rest of the technology and growth plays off tangent? Well, I guess that downcast narrative is a little bit too early. I presented my opinions about why furt...
JHVEPhoto/iStock Editorial via Getty Images Marvell: Debunking Undue Fears What a week we have had! Is the market volatility due to the war in Iran threatening to scupper the current advance in the semiconductor stocks, while also throwing the rest of the technology and growth plays off tangent? Well, I guess that downcast narrative is a little bit too early. I presented my opinions about why further downside in the market should be used as an opportunity to capitalize with glee, and avoid getting sucked into the vortex of “irrelevant noise,” especially concerning whether oil prices ( CL1:COM ) will hit $200 or not. Instead of focusing on that arbitrary price target that depends on a multitude of unpredictable variables, why not focus on what really matters: the market signals? In this case, the signal from Marvell Technology, Inc. ( MRVL ) is unabashedly bullish, from what I've gleaned. Bullish because it represents my belief that its custom AI chips roadmap continues to advance strongly, even though it faced some unanticipated stumbles with its tier 1 hyperscaler, in this case, Amazon ( AMZN ), as I highlighted recently. So, it was really timely that management came out with the conviction to decisively refute any attempt to put down its ability to gain market share, particularly in both XPU as well as the suite of networking and optical solutions that are core to Marvell’s near term and forward outlook. And there can be no better way than what management attempted to do when they came up with guidance not just for the next fiscal year, which is FY2027, but also provided clarity through FY2028. To be really honest, I could hardly even find other management willing to provide guidance beyond one quarter sometimes, much less ask for a runway toward the entire year. In Marvell's case, management was ready to devote efforts and commit to two full years of guidance visibility, raising the stakes against its archrivals. MRVL has elevated investor confidence that the com...
koyu/iStock via Getty Images I previously covered AT&T Inc. ( T ) in November 2025, discussing the market's over-reaction to their FQ3'25 top-line miss arising from the declining legacy businesses and the recent announcement of two expensive acquisitions. Despite so, I had upgraded the stock to a Buy then, thanks to their promising growth profile across the consumer and fiber segments, aided by th...
koyu/iStock via Getty Images I previously covered AT&T Inc. ( T ) in November 2025, discussing the market's over-reaction to their FQ3'25 top-line miss arising from the declining legacy businesses and the recent announcement of two expensive acquisitions. Despite so, I had upgraded the stock to a Buy then, thanks to their promising growth profile across the consumer and fiber segments, aided by the richer forward dividend yields from the prior pullback. In this article, I shall discuss why I am reiterating my Buy rating for the T stock here, thanks to the renewed growth opportunities from the accretive acquisitions/intensified capex plans, despite the near-term balance sheet risks. This is significantly aided by the dual pronged return prospects across capital appreciation/dividend incomes, the promising shareholder returns at $45B through 2028 (dividends/share repurchases), and the reasonable valuations. T Hints At Multi-Year Reversal Cadence T 1Y Stock Price (Trading View) Since my last Buy rating, T has enjoyed an outsized breakout by +24.7% from the January 2026 bottom, with a similar rally also observed in its telecom peers in varying degrees. Much of their tailwinds are attributed to the ongoing market rotation to value/dividend-oriented stocks after the notably cooling AI trade , with numerous sectors, including REITs, tobacco, and energy sectors, also enjoying robust upward momentums over the past few weeks/months. T's Return To Growth (T) This is significantly aided by T signaling their return to growth after numerous years of negative growth profiles. For example, the telecom has been able to report an outsized consolidated revenue growth to $125.6B in FY2025 (+2.6% YoY) and adj EPS (ex DIRECTV) to $2.12 (+8.7% YoY). Much of their growth tailwinds are naturally attributed to the Mobility and the Consumer Wireline's robust growth profiles across the top/bottom-lines (adj EBITDA), with these outperformance well balancing the deteriorating legacy Business Wir...
Chinese analysts expect Mojtaba Khamenei, Iran’s new supreme leader, to continue and possibly harden his assassinated father ’s policies towards the US and Israel. The appointment of the 56-year-old cleric could signal a sense of continuity inside Iran, as well as stabilise ties between Beijing and Tehran, the analysts added. Iran’s Assembly of Experts confirmed on Monday that the younger Khamenei...
Chinese analysts expect Mojtaba Khamenei, Iran’s new supreme leader, to continue and possibly harden his assassinated father ’s policies towards the US and Israel. The appointment of the 56-year-old cleric could signal a sense of continuity inside Iran, as well as stabilise ties between Beijing and Tehran, the analysts added. Iran’s Assembly of Experts confirmed on Monday that the younger Khamenei would succeed the late Ayatollah Ali Khamenei as the supreme leader – a post holding the final say over state affairs, including foreign policy and the nuclear programme Advertisement The new supreme leader’s wife was also killed during the joint US-Israeli military strikes against Iran that began on February 28 and have continued till now. Personal and national grievances could drive Khamenei to maintain his father’s hardline stance towards the United States and Israel, according to Zhou Rong, director of the Global South Countries Studies Centre at the Beijing-based think tank Grandview Institution. Advertisement “He may even be tougher because he is young,” Zhou added.
Creditors of Market Financial Solutions Ltd. , the failed UK mortgage company, are facing a shortfall of £1.3 billion ($1.8 billion) and have discovered a network of companies that were closely linked to its owner, according to fresh court filings. A judge on Tuesday placed a group of eight companies into administration following an urgent application from two creditors — Zircon Bridging Ltd. and ...
Creditors of Market Financial Solutions Ltd. , the failed UK mortgage company, are facing a shortfall of £1.3 billion ($1.8 billion) and have discovered a network of companies that were closely linked to its owner, according to fresh court filings. A judge on Tuesday placed a group of eight companies into administration following an urgent application from two creditors — Zircon Bridging Ltd. and Amber Bridging Ltd. While the group was supposed to be made up of legitimate borrowers from MFS, they were actually “closely connected” to Paresh Raja, the co-founder and chief executive officer of the London-based firm, the creditors argued. The allegations laid out in documents prepared for the court hearing add to that of so-called double pledging and improper diversion of loan repayments that creditors have already made against MFS. The firm, which borrowed more than £2 billion from backers including Barclays Plc and Apollo Global Management Inc.’s Atlas SP Partners unit, claimed to be operating one of the UK’s biggest providers of short-term bridge loans until its Feb. 25 collapse . MFS “has been subject to a well-publicized collapse, which has accelerated markedly in the last two weeks, revealing an estimated shortfall to creditors in excess of £1.3 billion due to improper and likely fraudulent conduct, including substantial lending to connected borrowers and the “double-pledging” of collateral,” according to the claim. A spokesperson for Raja didn’t immediately comment. Read More: CEO of Collapsed Lender MFS Spent on Artwork, Parties, Rapper
Hong Kong’s consumer watchdog has received dozens of complaints after Taiwanese rock band Mayday cancelled one of its coming concerts at Kai Tak Sports Park and replaced it with a new date later in the week, sparking frustration among fans – particularly those travelling from mainland China and overseas. The Consumer Council said that as of 1pm on Tuesday, it had received 24 complaints about the c...
Hong Kong’s consumer watchdog has received dozens of complaints after Taiwanese rock band Mayday cancelled one of its coming concerts at Kai Tak Sports Park and replaced it with a new date later in the week, sparking frustration among fans – particularly those travelling from mainland China and overseas. The Consumer Council said that as of 1pm on Tuesday, it had received 24 complaints about the cancelled show – eight from local consumers and 16 from fans outside the city. The watchdog said the total amount involved in the complaints was HK$63,613, with HK$6,700 the single biggest sum. Advertisement “The complaints included the organisers’ failure to reschedule the concert for consumers and disruptions to hotel and transport arrangements for attendees who travelled specifically to Hong Kong,” a spokesman said. “The Consumer Council urges the organisers to handle the matter properly, including considering different alternative solutions.” Advertisement The group’s record company, B’in Music, announced late on Monday that the show originally scheduled for March 24 would be cancelled, while an additional performance on March 29 would be added as part of the “Mayday #5525+1 Live Tour” in Hong Kong. In a statement on social media, the five-member, all-male band said the decision followed an internal assessment to “ensure every show can be presented in the best possible condition” and allow fans at each performance to fully enjoy the concert experience.
Everyday investors have billions of dollars stuck in portfolios of private credit, real estate and other hard-to-value assets. Enter Boaz Weinstein . As cracks spread through private credit markets in recent weeks, the head of Saba Capital Management began offering investors quick cash for their stakes in such vehicles run by Blue Owl Capital Inc. Now he's making the same proposal to backers of a ...
Everyday investors have billions of dollars stuck in portfolios of private credit, real estate and other hard-to-value assets. Enter Boaz Weinstein . As cracks spread through private credit markets in recent weeks, the head of Saba Capital Management began offering investors quick cash for their stakes in such vehicles run by Blue Owl Capital Inc. Now he's making the same proposal to backers of a Starwood Capital Group real estate fund that has severely curtailed withdrawals for nearly two years. That's just the beginning, Weinstein says. He’s considering tender offers for similar funds and portfolios that he expects will be hit by more redemption demands than the managers can fulfill. He contends the Starwood trust, known as SREIT , has been flooded with about $1 billion in outstanding requests, but has been able to honor only about 4%. Blue Owl has halted redemptions in favor of selling some assets so it can return cash to investors. Weinstein is betting that the fear gripping these less-liquid markets will eventually pass, and depressed asset prices will rebound closer to full value. In the meantime, he will pay cash to retail investors who don’t want to wait it out, something that managers of those portfolios can’t or won’t do. Weinstein volunteers he doesn’t know much about businesses like Blue Owl’s — but if he gets more than 30% off the list price, he’ll take his chances. \ Read more: Private Market Titans Warn of Pain as Credit Cracks Widen Making this happen might be more complex than just buying low and selling high, and possibly very noisy. Weinstein, a chess master in his youth who later got kicked out of the Bellagio casino for counting cards, set up Saba in 2009 and now manages $6 billion across its funds. In 2012, he gained Wall Street fame when he took the other side of outsize bets made by a trader in JPMorgan Chase & Co.’s London chief investment office, the so-called London Whale , which ended up costing the New York-based bank over $6 billion. In...
8213erika/iStock via Getty Images Compounding is, arguably, the most critical element for long-term investors to reach their goals without sacrificing too much of immediate consumption or being forced to find dollar amounts for investment that cannot be really afforded. There is a reason why Albert Einstein once said that compound interest is the eighth wonder of the world. In essence, compounding...
8213erika/iStock via Getty Images Compounding is, arguably, the most critical element for long-term investors to reach their goals without sacrificing too much of immediate consumption or being forced to find dollar amounts for investment that cannot be really afforded. There is a reason why Albert Einstein once said that compound interest is the eighth wonder of the world. In essence, compounding is about generating new wealth (income streams in my case) from both capital that gets deployed as saving and capital that is created from the reinvested interest itself. Over time the latter component (the interest) becomes exponentially larger and dominant, which is where the beauty of the so-called 8th wonder lies. Namely, by being consistent, smart and patient enough it is possible to basically develop another cash flow source, which can greatly accelerate the compounding or simply substitute the salary, leading to full financial freedom. Here is a quick and simple example. Let's imagine that we start with zero dollars and each month we invest $1,000 of our income to get the compounding machine going. Let's also assume that we can earn a decent 8% yield that gets distributed and reinvested on a quarterly basis. In Year 1 we will have $12,000 invested (saved) and less than $500 earned in interest . Nothing special. In Year 5 we will have $60,000 invested (saved) and roughly $13,000 accumulated in interest , which is already something that can start to move the needle. In Year 10 we will be generating annual interest of $13,000 that will now exceed the amount of capital we deploy each month ($1,000). Five years later, in Year 15 , we will have the annual interest doubled to almost $26,000 . Three years later, in Year 18, we will have almost achieved yet another fresh stream of cash flow that corresponds to the amount we started the process ($1,000 per month). And so on... There are of course a couple of pre-conditions that have to be fulfilled for all of this magic to ha...
Arbitrator Reaffirms Matthews's Right to Develop, Produce, Market and Sell Proprietary Dry Battery Electrode Solutions to Third Parties Company Provides Clarity Regarding Recent Favorable Arbitration Decision in Its Litigation with Tesla PITTSBURGH, March 10, 2026 /PRNewswire/ -- For the second time in twelve months, an arbitrator has recognized Matthews International Corporation's (NASDAQ GSM: MA...
Arbitrator Reaffirms Matthews's Right to Develop, Produce, Market and Sell Proprietary Dry Battery Electrode Solutions to Third Parties Company Provides Clarity Regarding Recent Favorable Arbitration Decision in Its Litigation with Tesla PITTSBURGH, March 10, 2026 /PRNewswire/ -- For the second time in twelve months, an arbitrator has recognized Matthews International Corporation's (NASDAQ GSM: MATW) ("Matthews" or the "Company") right to develop, produce, market and sell its proprietary dry battery electrode ("DBE") solutions to third parties. Specifically, on February 13, 2026, an arbitrator entered an interim decision providing additional clarity regarding Matthews' ownership of and rights in "DBE" technology that Matthews has been developing over the past two decades. Matthews successfully defeated Tesla's most meaningful claims as the arbitrator issued an interim decision denying the broad injunctive relief requested by Tesla and rejecting Tesla's attempts to prohibit the Company from selling Matthews' proprietary DBE technology and equipment. Matthews International Corporation logo (PRNewsfoto/Matthews International Corporation) Instead, the interim decision includes a narrow injunction preventing Matthews from using certain parts in dry battery electrode machines. Matthews already has replacement parts, and thus the injunction is not expected to materially impede Matthews' operations or sales. Importantly, this most recent ruling provides further clarity for Matthews and its customers on a going forward basis. With the support of these rulings, Matthews will continue to sell DBE equipment and provide state-of-the-art technology offerings to its customers. This includes Matthews' next generation multi-roll calendering machine. Further, the Company's intellectual property is protected by multiple foundational patents (including US Patent Nos. US12136727, US12237494, US12334534 and US12418017) that prevent other companies from improperly claiming for themselves ...
Highlights Revenues of $263.5 million for the quarter ended January 25, 2026; operating earnings of $8.2 million; and net loss from continuing operations of $0.2 million (0.00 $ per share). Adjusted operating earnings before depreciation and amortization (1) of $33.1 million for the quarter ended January 25, 2026; adjusted operating earnings (1) of $17.5 million; and adjusted net earnings from con...
Highlights Revenues of $263.5 million for the quarter ended January 25, 2026; operating earnings of $8.2 million; and net loss from continuing operations of $0.2 million (0.00 $ per share). Adjusted operating earnings before depreciation and amortization (1) of $33.1 million for the quarter ended January 25, 2026; adjusted operating earnings (1) of $17.5 million; and adjusted net earnings from continuing operations (1) of $6.7 million ($0.08 per share). of $33.1 million for the quarter ended January 25, 2026; adjusted operating earnings of $17.5 million; and adjusted net earnings from continuing operations of $6.7 million ($0.08 per share). Subsequent to the closing of the first quarter of fiscal year 2026, announcement of the closing of the sale of the Packaging Business. Appointment of Sam Bendavid as Chief Executive Officer, effective April 6, 2026. (1) Please refer to the "Non-IFRS Financial Measures" section of this press release for a definition of these measures. MONTRÉAL, March 10, 2026 (GLOBE NEWSWIRE) -- Transcontinental Inc. (TSX: TCL.A TCL.B) announces its results for the first quarter of fiscal year 2026 ended January 25, 2026. "The closing of the sale of our packaging activities allows us to begin a new chapter of our history and focus our resources on our retail services and printing activities, as well as our educational publishing activities," said Thomas Morin, President and Chief Executive Officer of TC Transcontinental. "The recent acquisitions in our in-store marketing activities enabled us to partially offset the slowdown in our traditional activities as well as the impact of strategic price concessions to secure our traditional activities. Despite a challenging start to our fiscal year, we remain confident that we will deliver adjusted operating earnings before depreciation and amortization from continuing operations for fiscal year 2026 that will be similar to fiscal year 2025 at the consolidated level. Lastly, building on the three acquisiti...
Faits saillants Revenus de 263,5 millions $ pour le trimestre clos le 25 janvier 2026; résultat opérationnel de 8,2 millions $; et résultat net lié aux activités poursuivies de -0,2 million $ (0,00 $ par action). Résultat opérationnel avant amortissement ajusté ( 1) de 33,1 millions $ pour le trimestre clos le 25 janvier 2026; résultat opérationnel ajusté ( 1) de 17,5 millions $; et résultat net a...
Faits saillants Revenus de 263,5 millions $ pour le trimestre clos le 25 janvier 2026; résultat opérationnel de 8,2 millions $; et résultat net lié aux activités poursuivies de -0,2 million $ (0,00 $ par action). Résultat opérationnel avant amortissement ajusté ( 1) de 33,1 millions $ pour le trimestre clos le 25 janvier 2026; résultat opérationnel ajusté ( 1) de 17,5 millions $; et résultat net ajusté lié aux activités poursuivies ( 1) de 6,7 millions $ (0,08 $ par action). de 33,1 millions $ pour le trimestre clos le 25 janvier 2026; résultat opérationnel ajusté de 17,5 millions $; et résultat net ajusté lié aux activités poursuivies de 6,7 millions $ (0,08 $ par action). Subséquemment à la clôture du premier trimestre de l'exercice financier 2026, annonce de la clôture de la vente des activités d'emballage. Nomination de Sam Bendavid au poste de chef de la direction, à compter du 6 avril 2026. (1) Veuillez consulter la section « Données financières non conformes aux IFRS » dans le présent communiqué de presse pour les définitions de ces mesures. MONTRÉAL, 10 mars 2026 (GLOBE NEWSWIRE) -- Transcontinental inc. (TSX : TCL.A TCL.B) annonce ses résultats du premier trimestre de l'exercice financier 2026 clos le 25 janvier 2026. « La conclusion de la vente de nos activités d'emballage nous permet d'entamer un nouveau chapitre de notre histoire et de concentrer nos ressources sur nos activités de services au commerce de détail et d'impression, ainsi que d’édition pédagogique, a déclaré Thomas Morin, président et chef de la direction de TC Transcontinental. « Les récentes acquisitions dans nos activités de marketing sur le lieu de vente nous ont permis de partiellement contrebalancer le ralentissement dans nos activités traditionnelles ainsi que les effets de concessions de prix stratégiques qui nous permettent de sécuriser nos activités traditionnelles. Malgré un début d'exercice difficile, nous demeurons confiants de livrer un résultat opérationnel avant amortissement...
Robert Way Nvidia ( NVDA ) has made a “significant” investment in artificial intelligence startup Thinking Machines and will supply the startup with chips as part of a multi-year deal, the two companies announced on Tuesday. The size of Nvidia's investment into Thinking Machines was not disclosed. Thinking Machines Lab, run by former OpenAI ( OPENAI ) CTO Mira Murati, said it will deploy at least ...
Robert Way Nvidia ( NVDA ) has made a “significant” investment in artificial intelligence startup Thinking Machines and will supply the startup with chips as part of a multi-year deal, the two companies announced on Tuesday. The size of Nvidia's investment into Thinking Machines was not disclosed. Thinking Machines Lab, run by former OpenAI ( OPENAI ) CTO Mira Murati, said it will deploy at least one gigawatt of Nvidia's Vera Rubin systems to support Thinking Machines’ frontier model training and platforms. Deployment is set for early next year, Thinking Machines added. “AI is the most powerful knowledge discovery instrument in human history,” said Nvidia CEO and founder Jensen Huang in a statement . “Thinking Machines has brought together a world-class team to advance the frontier of AI. We are thrilled to partner with Thinking Machines to realize their exciting vision for the future of AI.” “NVIDIA’s technology is the foundation on which the entire field is built,” said Mira Murati, cofounder and CEO of Thinking Machines. “This partnership accelerates our capacity to build AI that people can shape and make their own, as it shapes human potential in turn.” In July, Thinking Machines raised $2B in a funding round that valued it at $10B. Andreessen Horowitz, also known as a16z, led the funding round, which included participation by Nvidia ( NVDA ), AMD ( AMD ), ServiceNow ( NOW ), Cisco Systems ( CSCO ), and others. More on Nvidia Nvidia: Regime Change And Narrative Noise (Rating Downgrade) Nvidia: Ahead Of GTC 2026, Architectural Supremacy Beyond Hyperscaler CapEx FOMO Nvidia's 'Unholy Trinity' Paralyzing Upside Nvidia in focus as BofA reiterates Buy ahead of GTC Broadcom, Nvidia, TI and Monolithic emerge as 'top picks' among semis after earnings: Citi
Robert Way Nvidia ( NVDA ) has made a “significant” investment in artificial intelligence startup Thinking Machines and will supply the startup with chips as part of a multi-year deal, the two companies announced on Tuesday. The size of Nvidia's investment into Thinking Machines was not disclosed. Thinking Machines Lab, run by former OpenAI ( OPENAI ) CTO Mira Murati, said it will deploy at least ...
Robert Way Nvidia ( NVDA ) has made a “significant” investment in artificial intelligence startup Thinking Machines and will supply the startup with chips as part of a multi-year deal, the two companies announced on Tuesday. The size of Nvidia's investment into Thinking Machines was not disclosed. Thinking Machines Lab, run by former OpenAI ( OPENAI ) CTO Mira Murati, said it will deploy at least one gigawatt of Nvidia's Vera Rubin systems to support Thinking Machines’ frontier model training and platforms. Deployment is set for early next year, Thinking Machines added. “AI is the most powerful knowledge discovery instrument in human history,” said Nvidia CEO and founder Jensen Huang in a statement . “Thinking Machines has brought together a world-class team to advance the frontier of AI. We are thrilled to partner with Thinking Machines to realize their exciting vision for the future of AI.” “NVIDIA’s technology is the foundation on which the entire field is built,” said Mira Murati, cofounder and CEO of Thinking Machines. “This partnership accelerates our capacity to build AI that people can shape and make their own, as it shapes human potential in turn.” In July, Thinking Machines raised $2B in a funding round that valued it at $10B. Andreessen Horowitz, also known as a16z, led the funding round, which included participation by Nvidia ( NVDA ), AMD ( AMD ), ServiceNow ( NOW ), Cisco Systems ( CSCO ), and others. More on Nvidia Nvidia: Regime Change And Narrative Noise (Rating Downgrade) Nvidia: Ahead Of GTC 2026, Architectural Supremacy Beyond Hyperscaler CapEx FOMO Nvidia's 'Unholy Trinity' Paralyzing Upside Nvidia in focus as BofA reiterates Buy ahead of GTC Broadcom, Nvidia, TI and Monolithic emerge as 'top picks' among semis after earnings: Citi