Wall Street saw mixed movements as AI-related stocks continued their volatile swings. Traders worked the floors of the New York Stock Exchange through early 2026, with Broadcom and other AI companies providing support on some days. The market's reliance on AI momentum remained a dominant theme for investors.
Key Takeaways
- <ul><li>Oracle is diversifying AI chip suppliers by adding Google TPUs, Cerebras, and SambaNova to reduce Nvidia dependence</li><li>Anthropic IPO filing warns of existential risks, political challenges, and data center opposition across 16 states</li><li>China proposed UN-led AI governance at a global forum attended by delegates from over 90 countries</li><li>JB Financial Group launched a $23 million AI fund with its first investment in security company CipherData</li><li>Linklaters plans to triple its data engineering and science team by 2029 to compete in AI-driven legal work</li><li>Cerebras stock rose up to 10% after Oracle announced plans to bring its chips to Oracle's cloud in 2027</li><li>Tom Lee of Fundstrat Capital remains bullish on AI stocks, comparing current corrections to Cisco in 1997</li><li>CourseRev.ai launched ForeTee.ai, an AI tool that reprices golf course tee times using 20 live data sources</li><li>Oracle is partnering with OpenAI on AI Workspace and AI Security Mesh while also bringing Nvidia's Vera Rubin NVL72 to its cloud</li><li>China's AI governance push aims to challenge US dominance in setting international AI regulations</li></ul>
Wall Street gains as AI stocks continue to swing
Wall Street rose as AI-related stocks kept swinging. Trader Joel Lucchese was seen working on the floor of the New York Stock Exchange on January 7, 2026. The market movement reflects ongoing volatility driven by artificial intelligence stocks.
Wall Street steady as Broadcom AI stocks support market
Wall Street drifted as Broadcom and other AI-related stocks helped support the market. Trader Joel Lucchese was photographed at the New York Stock Exchange on January 7, 2026. Trader Daniel Kryger was also seen on the exchange floor on February 2, 2026. The market also referenced the Korea Composite Stock Price Index at Hana Bank in Seoul.
US stocks rise as Broadcom and AI companies lift market
US stocks ticked higher as Broadcom and other AI companies lifted the market. Trader Joel Lucchese was shown working at the New York Stock Exchange on January 7, 2026. The market also noted activity at Hana Bank in Seoul and trader Daniel Kryger on the exchange floor on February 2, 2026.
Oracle adds AI chips from Google, Cerebras, and SambaNova to reduce Nvidia reliance
Oracle is adding AI chips from Google, Cerebras, and SambaNova to reduce its reliance on Nvidia. Google will sell its Tensor Processing Units for use in third-party data centers for the first time. Cerebras will provide AI inference and agent processing power, while SambaNova's SN50 processor will handle agentic inference. Oracle is also bringing Nvidia's Vera Rubin NVL72 superclusters to its cloud and partnering with OpenAI on Oracle AI Workspace and Oracle AI Security Mesh.
Oracle to bring Cerebras AI chips to its cloud in 2027
Oracle is bringing Cerebras AI chips to its cloud starting in 2027. Cerebras stock rose as much as 10% on the news. The Cerebras Wafer-Scale Engine integrates compute and memory on a single processor to support faster token generation. Oracle did not disclose how much Cerebras equipment it will use. The partnership aims to serve AI labs, enterprises, and developers building interactive applications.
China calls for UN-led AI governance at global forum
China proposed open-source AI and stronger Global South representation in tech rules at a three-day forum in Xiong'an. The consensus document was released on Sunday. Delegates from over 90 countries and international bodies attended the event. The move aims to challenge US dominance in setting AI regulations.
Anthropic IPO reveals major risks facing AI industry
Anthropic's IPO filing highlights serious risks including potential existential threats from its AI technology. The document also warns about political challenges under the Trump administration and competition from rivals like OpenAI. The company says it cannot guarantee its AI safety efforts will be enough. It also faces risks from data center opposition in 16 states and potential legal issues related to minors using Claude.
Linklaters to triple data team by 2029 for AI push
Linklaters plans to triple its number of data engineers and data scientists by 2029. The firm is investing heavily to stay competitive in AI projects. Sources say the increase in hires will be significant. The move is part of a broader effort to gain an AI advantage in the legal market.
CourseRev.ai launches AI golf pricing tool ForeTee
CourseRev.ai launched ForeTee.ai, an AI system that reprices golf course tee times in real time. The platform uses 20 live data sources to set prices based on demand. Operators can choose automated, rule-based, or expert-approved modes. Features include price guardrails, a pricing command center, and predictive demand heat maps.
5 steps to protect yourself from AI security threats
Recent security flaws including PHP vulnerabilities and compromised encryption keys have exposed major internet risks. The article recommends five actions to protect personal data. The most important step is using a password manager with unique passwords. Other tips address the growing threat of AI agents breaking into online systems.
JB Financial Group launches 23 million dollar AI fund with first investment in CipherData
JB Financial Group announced a new AI investment fund worth about USD 23 million on October 26. The fund is called JB New Growth Venture Investment Fund. Its first investment is in AI security company CipherData, which builds an AIDR platform using generative AI for security operations. Jeonbuk Bank, Kwangju Bank and JB Woori Capital joined as limited partners. The group aims to invest in promising AI companies and directly apply their technology to its own businesses.
Cerebras executive discusses wafer scale AI hardware and data center infrastructure
Andy Hock, Chief Strategy Officer at Cerebras, appeared on the SDx Studio show on October 27, 2026. He talked about his career path from scientist to product leader. He also discussed how AI is shaping the data center market and the role of wafer scale AI hardware and infrastructure.
Tom Lee shares six reasons to stay confident in AI investments despite market dip
Tom Lee, Chief Investment Officer at Fundstrat Capital, said he is buying the current dip in AI stocks. He listed six reasons for his confidence, including AI breakthroughs, rising productivity, hardware supply limits and heavy hedge fund shorting looking like capitulation. He compared today's AI stock correction to Cisco in 1997. He also pointed to macroeconomic tailwinds like a falling probability of a December Federal Reserve rate hike.
Sources
- Wall Street rises as AI stocks keep swinging
- Wall Street drifts as Broadcom and other AI-related stocks help support the market
- US stocks tick higher as Broadcom and other AI companies lift the market
- Oracle, in effort to reduce reliance on Nvidia, adds AI chips from Google, Cerebras, and SambaNova
- Oracle is bringing Cerebras AI chips to its cloud starting in 2027
- Beijing pushes for UN-led governance of artificial intelligence at global forum
- Anthropic's IPO is risky business
- Linklaters to triple data team in race for AI advantage
- CourseRev.ai Announces ForeTee.ai, AI-Powered Dynamic Pricing and Revenue Management That Reprices Golf Course Tee Sheets in Real Time
- AI Agents Are Breaking the Internet. 5 Things You Should Do Right Now to Protect Yourself
- JB Financial Group Forms USD 23M AI Fund, Makes First Investment in AI Security Startup CipherData
- SDx Studio: Wafer-scale AI hardware and infrastructure with Andy Hock, Cerebras
- Tom Lee’s Top 6 Reasons for ‘Conviction About the AI Trade’: ‘I’m Buying This AI Dip’
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