Nvidia is reportedly considering a massive $1 billion investment in AI startup Poolside, which would mark one of the chipmaker’s largest strategic bets this year. The investment could quadruple Poolside’s valuation amid intense competition for AI infrastructure.
The AI revolution has created a new industrial standard: the 1 gigawatt data center costing $35 billion. Nvidia’s 70% margins let it capture nearly 30% of total spending as profit, explaining its $5 trillion valuation.
Intel reported a robust third quarter with $13.7 billion in revenue and a significant net income turnaround. Despite these gains, executives cautioned about CPU shortages and foundry losses extending into 2026, emphasizing disciplined investment strategies.
Intel has delivered stronger-than-anticipated financial results for the third quarter, marking what sources describe as its fourth consecutive quarter of improved execution. According to the report, revenue reached $13.7 billion, reflecting a 3% year-over-year increase and 6% sequential growth. Net income reportedly swung to a profit of $4.1 billion, a substantial recovery from the $16.6 billion net loss recorded in the same period last year.
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Oracle has unveiled what it describes as the largest AI supercomputer in the cloud, the OCI Zettascale10, reportedly capable of 16 zettaFLOPS peak performance. Sources indicate the infrastructure will support OpenAI’s Stargate cluster in Texas and features innovative networking technology designed to reduce latency and power consumption. The system is scheduled to roll out next year amid growing competition in high-performance AI cloud infrastructure.
Oracle has announced what it calls the largest AI supercomputer in the cloud, according to reports from industry sources. The OCI Zettascale10 system reportedly can deliver 16 zettaFLOPS of peak performance across 800,000 Nvidia GPUs, positioning Oracle as a major contender in the high-performance computing race. Analysts suggest this represents one of the most significant infrastructure developments in recent cloud computing history.
